Why SLB Stock Surged This Past Week
Energy security is becoming even more crucial amid the ongoing conflict in the Middle East. The artificial intelligence (AI) market is providing SLB with a lucrative source of growth.
SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, ...
Energy security is becoming even more crucial amid the ongoing conflict in the Middle East. The artificial intelligence (AI) market is providing SLB with a lucrative source of growth.
SLB Limited (NYSE: SLB - Get Free Report)'s stock price gapped up before the market opened on Friday following a better than expected earnings announcement. The stock had previously closed at $47.22, but opened at $50.07. SLB shares last traded at $51.4390, with a volume of 5,213,298 shares trading hands. The oil and gas company reported
Revenue: $9 billion, increased 3% sequentially.Earnings Per Share (EPS): $0.55, excluding charges and credits.Adjusted EBITDA Margin: Increased 83 basis points
SLB N.V. (SLB) Q2 2026 Earnings Call Transcript
SLB NYSE: SLB reported second-quarter revenue of $9 billion, up 3% sequentially, as growth in Latin America, Europe and Africa, U.S. land and Asia more than offset disruptions in the Middle East. Adjusted earnings per share were $0.55, up $0.03 from the prior quarter but down $0.19 from a year earlier, according to Chief Financial Officer Stephane Biguet.
Energy security is becoming even more crucial amid the ongoing conflict in the Middle East. The artificial intelligence (AI) market is providing SLB with a lucrative source of growth.
SLB Limited (NYSE: SLB - Get Free Report)'s stock price gapped up before the market opened on Friday following a better than expected earnings announcement. The stock had previously closed at $47.22, but opened at $50.07. SLB shares last traded at $51.4390, with a volume of 5,213,298 shares trading hands. The oil and gas company reported
Revenue: $9 billion, increased 3% sequentially.Earnings Per Share (EPS): $0.55, excluding charges and credits.Adjusted EBITDA Margin: Increased 83 basis points
SLB N.V. (SLB) Q2 2026 Earnings Call Transcript
SLB NYSE: SLB reported second-quarter revenue of $9 billion, up 3% sequentially, as growth in Latin America, Europe and Africa, U.S. land and Asia more than offset disruptions in the Middle East. Adjusted earnings per share were $0.55, up $0.03 from the prior quarter but down $0.19 from a year earlier, according to Chief Financial Officer Stephane Biguet.
SLB Q2 earnings & revenues top estimates as Digital and Production Systems growth offsets regional weakness, while data center momentum continues to accelerate.
Spot oil prices lowered somewhat, and pre-market activity looks a little sunnier.
SLB NV (NYSE:SLB) stock is enjoying a post-earnings lift, last spotted up 9.4% at $50.85.
SLB (SLB) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.74 per share a year ago.
SLB logged higher revenue in the second quarter, as higher offshore activity and strong demand across its quickly growing data-center business helped to offset continued disruptions across the Middle East.
SLB posts better-than-expected earnings as demand for its oilfield services increases outside the Middle East.
SLB beat Wall Street expectations for second-quarter profit on Friday, as resilient demand across key markets helped the top U.S. oilfield services firm ride out weakness in the Middle East due to the Iran war.
LONDON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the second-quarter 2026. Second-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Jun. 30,2026 Mar. 31,2026 Jun. 30,2025 Sequential Year-on-year Revenue $8,972 $8,721 $8,546 3% 5% Income before taxes - GAAP basis $1,018 $956 $1,285 6% -21% Income before taxes margin - GAAP basis 11.3% 11.0% 15.0% 38 bps -369 bps Net income attributable to SLB - GAAP basis $786 $752 $.
SLB N.V. (NYSE:SLB) will release its second quarter earnings report before the opening bell on Friday, July 24.
The U.S. energy sector has outperformed in 2026, driven primarily by geopolitical-related supply fears, elevated oil prices, and rising demand from the AI infrastructure buildout. While broad energy funds have also surged, investors can potentially enhance exposure by targeting specific segments of the energy market.
Assetmark Inc. boosted its position in SLB Limited (NYSE: SLB) by 21.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,006 shares of the oil and gas company's stock after buying an additional 17,434 shares during the period. Assetmark
SLB enters second-quarter earnings season with stronger oil price tailwinds, though lower earnings expectations may weigh on the upcoming report.
In the latest trading session, SLB (SLB) closed at $46.39, marking a -1.28% move from the previous day.
SLB expands its production optimization portfolio by acquiring Sulzer's VIEC technology, strengthening hydrocarbon recovery solutions for mature oil fields.
TechnipFMC (NYSE: FTI - Get Free Report) and SLB (NYSE: SLB - Get Free Report) are both large-cap energy companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, risk, institutional ownership, valuation, earnings and analyst recommendations. Insider and Institutional Ownership 96.6% of TechnipFMC shares are
SLB (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The physical constraints of artificial intelligence (AI) are no longer bound by silicon or compute capacity. Today, the singular bottleneck choking global technology expansion is electricity.
AI is becoming central to energy, with SLB leveraging both 'AI for Energy' and 'Energy for AI' opportunities. I am now more bullish on SLB, driven by its impressive Digital business showcased at the recent Digital Investor Day. SLB's Digital business should command software like margins and help increase SLB's valuation multiple.
LBRT joins forces with SLB to deliver modular AI data center power and infrastructure, targeting faster deployment and scalable energy solutions.
SLB expands its subsea backlog with a major Baleine Phase 3 EPC contract award, reinforcing its long-term offshore growth and partnership with Eni.
SLB said on Tuesday it has partnered with Liberty Energy to supply modular parts and power to data centers, as the oilfield services firms look to tap surging demand from the AI boom.
Global energy technology company SLB (NYSE: SLB) today announced an agreement with Liberty Energy Inc. (NYSE: LBRT) to form a strategic alliance that will deli
HOUSTON & DENVER--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced an agreement with Liberty Energy Inc. (NYSE: LBRT) to form a strategic alliance that will deliver modular infrastructure and integrated power generation solutions for new data center projects globally. The collaboration will bring together complementary expertise in modular infrastructure, power generation and operations to support the rapid deployment of new data center capacity and help the wor.
SLB secures one of the subsea industry's largest umbilical contracts, reinforcing its deepwater leadership through the Kutei North Hub project.
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) announced today that its OneSubsea™ joint venture has been awarded a major multi-well engineering, procurement, and construction (EPC) contract by Eni for Phase 3 of the deepwater Baleine project offshore Côte d'Ivoire. Under the contract, SLB OneSubsea will deliver complete subsea production systems (SPS) for 13 wells, reinforcing its role as a core technology and execution partner on one of the most strategically signi.
SLB (SLB) reached $46.42 at the closing of the latest trading day, reflecting a +1.53% change compared to its last close.
Global oil prices are experiencing significant volatility this year, and oil stocks have followed suit. Oil prices are down, but risks remain elevated, and prices could remain above pre-conflict levels for the foreseeable future.
Not so long ago, oil prices were firmly in the triple digits, with investors stressing over their further prospects and inflationary effects.
SLB strengthens a seven-year KOC contract under AIV initiative, expanding its digital technology footprint and long-term Middle East growth opportunities.
SLB (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
News of a peace deal in Iran is predictably weighing on oil prices, but the punishment endured by SLB may be too severe.
Investors with an interest in Technology Services stocks have likely encountered both SLB (SLB) and Enpro (NPO). But which of these two companies is the best option for those looking for undervalued stocks?
The heavy selling pressure might have exhausted for SLB (SLB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Global energy technology company SLB (NYSE: SLB) has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley (AIV) in
SHREVEPORT, La., June 30, 2026 /PRNewswire/ -- Industrial Realty Group, LLC (IRG), one of the nation's largest industrial real estate developers and owners, is proud to announce that its tenant, SLB (NYSE: SLB), a global energy technology company, has further expanded its operations at IRG's Shreveport Business Park campus.
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley (AIV) initiative. The agreement will support applied research, technology deployment and digital innovation programs aligned with Kuwait's long-term energy objectives. Under the agreement, SLB will work with KOC to evaluate, test and deploy advanced technologies across a range of operational and strategic priorities, inc.
SLB (SLB) closed the most recent trading day at $46.38, moving 1.32% from the previous trading session.
NOV provides a conservative balance sheet with a current ratio of roughly 2.4x and low debt levels. SLB N.V. leverages a massive global footprint to generate substantial free cash flow nearing $4.8 billion.
In the closing of the recent trading day, SLB (SLB) stood at $46.61, denoting a -2.47% move from the preceding trading day.
The Federal Reserve indicated the possibility of a rate hike this year after its latest meeting, which could have implications for income-seeking investors.
SLB (NYSE:SLB | SLB Price Prediction) and NVIDIA (NASDAQ:NVDA) have collaborated for roughly two decades, and their partnership just took center stage on CNBC.
SLB N.V. is evolving from legacy oilfield services into digital, AI-enabled workflows and data center infrastructure, driving future growth. Q1 2026 faced Middle East disruptions, with organic revenue down 3% YoY, but ChampionX acquisition and digital/data center segments offset declines. SLB's forward P/E of 18.6 is below its normal valuation, offering an attractive entry point amid normalization in the Middle East and robust digital/data center momentum.
SLB launches a Digital Marketplace offering AI tools and applications, expanding its digital ecosystem and strengthening its software growth strategy.
SLB N.V. (SLB) Analyst/Investor Day Transcript
Oilfield services provider SLB said on Wednesday that it expects to incur an additional $10 billion in annual digital spends by 2030.
SLB (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
June 15, 2026 â (Maple Hill Syndicate) â Oil and gasoline prices will âdrop like a rock,â President Trump has said.When? âAs soon as the war is over.â
In the closing of the recent trading day, SLB (SLB) stood at $53.71, denoting a -4.4% move from the preceding trading day.
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced the launch of the SLB Digital Marketplace, a curated digital destination designed to help energy companies rapidly discover and deploy specialized AI agents, domain models, skills, tools, data connectors and digital applications within their existing digital environments. The SLB Digital Marketplace extends the company's open platform strategy to its Tela™ agentic AI assistant by enabling SLB, partners, i.
U.S. oilfield services firm SLB has signed a long-term agreement with Venezuela's state oil company PDVSA to help modernize and revive the OPEC nation's oil and gas sector, the company said in a statement on Wednesday.
SLB partners with Qualcomm to bring edge AI to energy operations, enabling faster decision-making and greater automation in the field.
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) will host an Investor Day on Wednesday, June 17, 2026, in New York, where leadership will outline their vision for SLB's Digital business as digital technologies and AI continue to reshape the energy industry. The presentation will highlight SLB's integrated digital strategy and portfolio, scalable growth opportunities powered by AI, and financial profile and outlook. Olivier Le Peuch, chief executive officer, SLB, will present at 9:00 a.m. U.S. Eastern.
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced a memorandum of understanding with Qualcomm Technologies, Inc. to enable edge AI solutions for the energy industry, supporting real-time operational decision-making across wells, facilities and production systems. The collaboration combines Qualcomm Technologies' low-power edge computing and AI processing capabilities, with SLB's Agora™ edge AI and IoT solutions developed for remote and operationally comp.
SLB's OneSubsea secures a BP contract for the Thunder Horse project, extending momentum for its subsea boosting technology across multiple offshore projects.
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced that its OneSubsea™ joint venture has been awarded a contract by bp to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of Gulf of America. This engineering, procurement and construction (EPC) contract for Thunder Horse follows recent subsea boosting contract awards for bp's Kaskida and Tiber developments. All three projects leverage the same supplier-.
SLB (SLB) reached $58.01 at the closing of the latest trading day, reflecting a +2.04% change compared to its last close.
If you put $10,000 into the VanEck Oil Services ETF (NYSEARCA:OIH) at the closing bell on December 31, 2025, you were sitting on roughly $15,100 five months later.
Zacks.com users have recently been watching SLB (SLB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
An Exxon senior vice president just told Tom Bilyeu's Impact Theory podcast that physical Brent cargoes are heading to $150 to $160 per barrel in the coming weeks as global inventories approach all-time lows.
SLB agrees to acquire Tachyus to add AI-powered reservoir optimization tools, expanding its digital portfolio and strengthening recovery-focused solutions.
The AI-Driven Enterprise Institute released new research that breaks down how well S&P 500 companies are adopting AI compared to their peers. Nvidia, Amazon, Meta and Schlumberger had the top overall company scores.
Global energy technology company SLB (NYSE: SLB) today announced an expanded collaboration with VÃ¥r Energi to scale well planning and integrated field develop
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced an expanded collaboration with Vår Energi to scale well planning and integrated field development planning across its Norwegian Continental Shelf operations. With collaborative well planning already reducing cycle times from months to days and integrated field development planning expected to support similar benefits, the expanded deployment is designed to support faster, more consistent decision-making a.
As artificial intelligence (AI) valuations skyrocket, high-net-worth investors are hunting for defensive opportunities outside the booming tech sector.
SLB (SLB) closed the most recent trading day at $57.98, moving +1.22% from the previous trading session.
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on July 24, 2026, to discuss the results for the second quarter ending June 30, 2026. The conference call is scheduled to begin at 9:30 a.m. U.S. Eastern time and a press release regarding the results will be issued at 7:00 a.m. U.S. Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 715-9871 within North America or +1 (646) 307-1963 outside of North America approxim.
Recently, Zacks.com users have been paying close attention to SLB (SLB). This makes it worthwhile to examine what the stock has in store.
On May 18, 2026, SLB Ltd (SLB) shares rose 3.2% today, bringing the current price to $57.15. The stock has experienced a strong performance in the past year, wi
On May 12, 2026, SLB Ltd (SLB) shares rose 4.5% today, bringing the current price to $55.64. The stock has experienced a 52-week range of $31.64 to $57.20, show
On May 11, 2026, SLB Ltd (SLB) shares rose 3.1% to a current price of $54.93. This move comes in the context of a 52-week range that has seen the stock hit a hi
On April 25, SLB NYSE: SLB reported one of its more difficult quarters in years. Yet that may be the least important thing about this oilfield services leader, formerly known as Schlumberger.
APA Corporation was the top contributor during the quarter. SLB Limited advanced during the quarter as investors grew more confident. Fiserv declined over the quarter despite reporting inline earnings results.
SLB N.V. remains a soft Buy despite near-term headwinds, supported by resilient technology-driven segments and solid Q1 2026 results. Digital and Production Systems segments are delivering high-margin growth, offsetting declines in Reservoir Performance and Well Construction due to geopolitical disruptions. Q1 2026 revenue beat expectations at $8.72 billion, with profitability in line, though some segments face pricing and activity pressures from the Iran conflict.
CLB's Q1 earnings meet estimates but fall Y/Y as a revenue miss and Middle East disruptions weigh on both key segments.
U.S. Fund A Shares (without sales charge*) posted a return of 1.17% in first quarter 2026. Leading contributors in the First Eagle U.S. Fund this quarter included gold bullion, Exxon Mobil Corporation, Noble Corporation PLC Class A, IPG Photonics Corporation and SLB Limited. The leading detractors in the quarter were Workday, Inc. Class A, Oracle Corporation, Salesforce.com, Inc., Meta Platforms, Inc. Class A and Universal Health Services, Inc, Class B.
Recently, Zacks.com users have been paying close attention to SLB (SLB). This makes it worthwhile to examine what the stock has in store.
Goldman Sachs raised its Q4 2026 Brent crude forecast to $90 per barrel on April 27, 2026, up from a prior $80 forecast, citing extreme inventory draws from the prolonged closure of the Strait of Hormuz tied to the ongoing US-Iran conflict.
Jason Brown (@brownreport) breaks down today's Big 3 trades as stocks hover near all-time highs. He points to Ciena (CIEN) as a nice sleeper play for AI with first quarter revenue rising to $1.4 billion, notes new AI driven opportunities for SLB (SLB), and says Adobe (ADBE) had great earnings but continues to sell-off with the forced takeover of AI.
Examine SLB's (SLB) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
SLB NV (NYSE:SLB) reported lower first-quarter earnings on Friday.
SLB N.V. faces significant near-term headwinds from the ongoing Iran conflict, impacting regional operations and creating supply chain disruptions. SLB's growth outlook is supported by potential shifts in exploration to Latin America, modular data center expansion, and a strategic Nvidia partnership. Despite margin pressure in eFY26, SLB's strong balance sheet, share repurchases, and 2.10% dividend yield offer an appealing risk/reward profile.