SLB
Supplies technology, services, and software from reservoir evaluation through oil and gas production.
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Profile
Sells equipment, field services, and digital tools for reservoir evaluation, well construction, and oil-and-gas production. Revenue comes from technology and project work across more than 100 countries, with most generated outside the United States and demand tied to operators' exploration, development, and production spending.
Provides oilfield technology and services across four divisions. Reservoir Performance evaluates formations and improves recovery; Well Construction supplies drilling, measurement, fluids, and wellbore tools; Production Systems spans subsea and surface equipment, completions, artificial lift, valves, and production chemicals; Digital sells exploration data, software platforms, and automated operations.
Combines subsurface expertise, field execution, manufactured equipment, and software across the life of a well. ChampionX's chemicals and artificial-lift businesses now sit mainly within Production Systems, while OneSubsea extends the equipment portfolio offshore. Smaller operations build modular data-center infrastructure, run integrated field projects, and develop carbon-capture systems. Operations span more than 100 countries, with most revenue generated outside the United States. Demand remains tied to oil and gas operators' exploration, development, and production spending.
Company facts
Key statistics
Year to date +42.6% · Average volume (30d) 11.6M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Jul 27, 2026 | Evercore ISI | Reiterate | Outperform | $64 | $66 |
| Jul 27, 2026 | Susquehanna | Reiterate | Positive | $55 | $62 |
| Jul 27, 2026 | Piper Sandler | Reiterate | Overweight | $59 | $64 |
| Jul 27, 2026 | Barclays | Reiterate | Overweight | $64 | $67 |
| Jul 26, 2026 | Jefferies | Reiterate | Buy | $65 | $66 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 24, 2026Q2 FY26 | $0.51 | $0.55 | +7.6% | $8.67B | $8.97B | +3.5% | −1.70% |
| Apr 24, 2026Q1 FY26 | $0.51 | $0.52 | +2.6% | $8.63B | $8.72B | +1.1% | −1.64% |
| Jan 23, 2026Q4 FY25 | $0.74 | $0.78 | +5.1% | $9.55B | $9.75B | +2.0% | +1.12% |
| Oct 17, 2025Q3 FY25 | $0.66 | $0.69 | +5.0% | $8.92B | $8.93B | +0.1% | +2.45% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $8.49B | $8.55B | $8.93B | $9.75B | $8.72B | $8.97B | |
| Gross profit | $1.61B | $1.61B | $1.56B | $1.73B | $1.33B | $1.40B | |
| Operating income | $1.34B | $1.35B | $1.32B | $1.46B | $1.03B | $1.07B | |
| Net income | $797.0M | $1.01B | $739.0M | $800.0M | $752.0M | $786.0M | |
| Diluted EPS | $0.58 | $0.74 | $0.50 | $0.53 | $0.50 | $0.52 | |
| Gross margin | 18.9% | 18.9% | 17.5% | 17.7% | 15.3% | 15.5% | |
| Operating margin | 15.8% | 15.7% | 14.7% | 15.0% | 11.8% | 11.9% |
Fiscal years (4-quarter sums)FY21 $22.93B · FY22 $28.09B · FY23 $33.14B · FY24 $36.29B · FY25 $35.71B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $4.07B · Total debt $12.80B · Total assets $55.53B · Shareholders' equity $26.07B
Dividends
Raised for 5 straight years — most recently to $0.295 from $0.285 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 3, 2026 | Jun 3 | Jul 9 | $0.295 | |
| Feb 11, 2026 | Feb 11 | Apr 2 | $0.295 | raised from $0.285 |
| Dec 3, 2025 | Dec 3 | Jan 8 | $0.285 | |
| Sep 3, 2025 | Sep 3 | Oct 9 | $0.285 | |
| Jun 4, 2025 | Jun 4 | Jul 10 | $0.285 | |
| Feb 5, 2025 | Feb 5 | Apr 3 | $0.285 | raised from $0.275 |
| Dec 4, 2024 | Dec 4 | Jan 9 | $0.275 | |
| Sep 4, 2024 | Sep 4 | Oct 10 | $0.275 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 1.48B · Float 1.48B · 99.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 116.15M | 7.83% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 97.67M | 6.58% | 13F | Aug 13, 2026 |
| State Street Corp | 91.22M | 6.15% | 13F | Aug 7, 2026 |
| Vanguard Portfolio Management | 75.40M | 5.04% | 13G | Jul 31, 2026 |
| Price T Rowe Associates Inc /MD/ | 61.62M | 4.15% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 27, 2026 | Olivier le Peuch | director, officer: Chief Executive Officer | −5,000 | $55.00 |
| Aug 26, 2026 | Olivier le Peuch | director, officer: Chief Executive Officer | −25,000 | $52.55 |
| May 27, 2026 | Olivier le Peuch | director, officer: Chief Executive Officer | −25,000 | $56.99 |
| May 7, 2026 | Patrick de la Chevardiere | director | −2,000 | $54.33 |
| May 1, 2026 | Steve Matthew Gassen | officer: EVP, Geographies | −53,379 | $56.18 |
Peers
- Halliburton
Second-largest OFS firm; broadest rival in drilling, completions, digital.
- Baker Hughes
Full-spectrum OFS major; direct rival in drilling, subsea, lift, and digital.
- TechnipFMC
Pure-play subsea leader; duopoly rival to OneSubsea in deepwater systems.
- Weatherford International
Global OFS mid-tier; drilling, tubular running, artificial lift, intervention.
- NOV
Rig-equipment maker; overlaps in drilling fluids, drill bits, and subsea kit.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| SLB | $57.61 | +0.50% | $85.09B | 28.0 | 20.2 | 2.3 | +5.0% |
| Halliburton | $36.73 | +1.53% | $30.22B | 18.9 | 14.3 | 1.4 | +3.7% |
| Baker Hughes | $62.78 | +0.60% | $61.95B | 20.1 | 23.4 | 2.2 | −2.4% |
| TechnipFMC | $75.84 | +0.03% | $29.74B | 26.3 | 22.4 | 2.9 | +9.0% |
| Weatherford International | $93.79 | +0.01% | $6.72B | 18.5 | 15.3 | 1.4 | −8.2% |
| NOV | $20.79 | −0.91% | $7.48B | 80.7 | 19.8 | 0.9 | −2.5% |
| Median | 20.1 | 19.8 | 1.4 | −2.4% |