SLB N.V.'s Stock Analysis

Schlumberger Reports Third-Quarter 2025 Financial Results

Schlumberger Limited announced its financial results for the third quarter of 2025, highlighting a revenue of $8.93 billion, which reflects a 4% sequential increase due to the acquisition of ChampionX, contributing $579 million in revenue. However, excluding this acquisition, the company's global revenue decreased by 2% sequentially and 9% year-on-year. The international revenue declined slightly by 1% sequentially and 9% year-on-year, while North America experienced a 7% sequential decline and a 9% year-on-year decrease. Digital revenue showed growth, increasing 11% sequentially, driven by strong performance in Digital Operations and the impact of ChampionX.

The company has continued its share repurchase program, buying back 3.2 million shares for $114 million in the third quarter, totaling 60 million shares repurchased for $2.41 billion in the first nine months of 2025. Schlumberger's Board approved a quarterly cash dividend of $0.285 per share, payable on January 8, 2026. The company anticipates revenue growth in the fourth quarter, driven by international markets and a full quarter of contributions from ChampionX, while its Digital division remains a key area of growth and profitability.

Oct 17, 2025 07:03:18

Schlumberger Limited Board Member Resigns Without Disagreement

On October 12, 2025, Ms. Mamatha Chamarthi resigned from the Board of Directors of Schlumberger Limited. The resignation was not due to any disagreement with the company, indicating a smooth transition in the board's composition.

Oct 15, 2025 06:01:36

Schlumberger Elects New Board Member and Amends By-Laws

On October 10, 2025, Schlumberger Limited appointed Ms. Mamatha Chamarthi to its Board of Directors, effective immediately. Ms. Chamarthi, who currently serves as the Senior Vice President and Chief Digital Officer at The Goodyear Tire & Rubber Company, will also be part of the Board’s Audit Committee and Energy Innovation and Technology Committee. There are no reportable transactions involving Ms. Chamarthi. She will serve until the next annual general meeting, where she will be subject to re-election and will receive compensation per the company’s director compensation program.

Additionally, on the same date, the Board adopted Amended and Restated By-Laws to reflect the company’s new name following an amendment to its Articles of Incorporation. The new By-Laws took effect immediately upon adoption. The specifics of the By-Laws can be found in the accompanying Exhibit 3 of the report.

Oct 10, 2025 16:05:46

Schlumberger Limited Changes Company Name to SLB N.V.

On October 7, 2025, Schlumberger Limited held its Special General Meeting of Shareholders, where a significant proposal was approved. The shareholders voted in favor of amending the Company’s Articles of Incorporation to change its name from Schlumberger N.V. to SLB N.V., with approximately 82.15% of the votes supporting this change.

The approved amendment also allows for the use of the names 'SLB Limited' and 'SLB Ltd.' in international transactions. This change became effective immediately on October 7, 2025, following its execution before a civil notary in Curaçao.

Oct 07, 2025 17:21:31

Schlumberger Reports Second-Quarter 2025 Financial Results

Schlumberger Limited announced its second-quarter 2025 results, reporting steady revenue and slightly higher adjusted EBITDA and margins. The company experienced a sequential increase in international revenue, driven by growth in regions such as the Middle East, Asia, Europe, and North Africa, despite facing regional slowdowns in some key markets. Production Systems revenue grew by 3%, marking 17 consecutive quarters of year-on-year growth, driven by strong sales in artificial lift and midstream production systems. The company also noted a focus on production and recovery efforts as customers aim to maximize asset value in a capital-disciplined environment.

Additionally, Schlumberger completed the acquisition of ChampionX, which is expected to enhance its portfolio in the production and recovery market. The company declared a quarterly cash dividend of $0.285 per share, payable on October 9, 2025. For the second quarter of 2025, cash flow from operations was $1.14 billion, and free cash flow was $622 million. The adjusted EBITDA for the quarter was $2.051 billion, with an adjusted EBITDA margin of 24.0%. The company continues to adapt to market conditions while managing costs and maintaining a diversified portfolio across various geographical areas.

Jul 18, 2025 07:05:41

Schlumberger Completes Acquisition of ChampionX Corporation

Schlumberger Limited has finalized its acquisition of ChampionX Corporation in an all-stock transaction, where ChampionX shareholders received 0.735 shares of Schlumberger common stock for each share of ChampionX. This merger positions ChampionX as a wholly owned subsidiary of Schlumberger, allowing former ChampionX shareholders to hold approximately 9% of Schlumberger's outstanding shares. The integration aims to enhance Schlumberger’s portfolio with ChampionX’s production chemicals and technologies, driving innovation and performance in oil and gas production.

The acquisition is expected to create annual pretax synergies of around $400 million within the first three years through revenue growth and cost savings. Schlumberger continues to focus on returning $4 billion to shareholders in 2025. The merger is seen as a strategic move to strengthen Schlumberger’s presence in the production and recovery sector, aligning with its capital-light growth strategy and enhancing its ability to provide integrated production solutions.

Jul 16, 2025 16:06:47

Schlumberger to Acquire ChampionX in All-Stock Merger Deal

Schlumberger Limited has entered into a Merger Agreement to acquire ChampionX Corporation in an all-stock transaction, with the merger expected to close on July 16, 2025. The U.K. Competition and Markets Authority has cleared the merger, which is the final regulatory condition needed for completion. Until the merger is finalized, both companies will continue to operate independently.

Investors are advised to review the registration statement and proxy statement/prospectus filed with the SEC for important details regarding the transaction. The definitive proxy statement/prospectus was declared effective on May 15, 2024, and has been mailed to ChampionX stockholders. Additional documents related to the merger will also be available on the SEC website and the investor relations pages of both Schlumberger and ChampionX.

Jul 15, 2025 09:09:17

SLB Reports Flat Revenue and Adjusted EBITDA in Q2

SLB has provided an operational update indicating that market uncertainty has led customers to adopt a cautious approach towards short-cycle activities. The company reported a decline in rig counts in Saudi Arabia and lower activity levels in Latin America, which have impacted performance. While well construction margins have declined, other divisions have remained steady or shown improvement.

In terms of financials, SLB's revenue and adjusted EBITDA remained flat from Q1 to Q2. The company has committed to a minimum of $4 billion in returns to shareholders for the full year 2025. This commitment may influence investor sentiment and stock performance as the company navigates current market challenges.

Jun 24, 2025 09:02:18

SLB Reports Q1 2025 Results, Commits $4 Billion to Shareholders

SLB announced its first-quarter 2025 results, reporting revenue of $8.49 billion, a 3% decrease year-on-year. The company’s GAAP earnings per share (EPS) were $0.58, down 22% from the previous year, while adjusted EPS, excluding charges and credits, was $0.72, a 4% decrease year-on-year. Net income attributable to SLB fell 25% to $797 million, and adjusted EBITDA decreased by 2% to $2.02 billion. However, cash flow from operations increased by $333 million year-on-year to $660 million, and the board approved a quarterly cash dividend of $0.285 per share, payable on July 10, 2025, to stockholders of record on June 4, 2025. SLB is committed to returning a minimum of $4 billion to shareholders in 2025 through dividends and share repurchases.

Despite a decline in revenue, SLB's adjusted EBITDA margin improved slightly year-on-year, driven by cost reduction initiatives and growth in its digital business. The company reported a mixed performance across its divisions, with Production Systems revenue increasing by 4% due to strong demand, while Well Construction revenue fell by 12% due to lower drilling activity in key regions. SLB's digital revenue grew 17% year-on-year, reflecting increased adoption of digital technologies by customers. The company also highlighted ongoing contract awards and technology innovations aimed at enhancing operational efficiency and customer value.

Apr 25, 2025 07:09:20

SLB Reports $9.28 Billion Revenue with Increased Dividend and Buyback

SLB announced a fourth-quarter revenue of $9.28 billion, showing a slight increase of 1% from the previous quarter and 3% year-over-year. The company also reported a 3.6% increase in its quarterly cash dividend to $0.285 per share and initiated $2.3 billion in accelerated share repurchases, reflecting a commitment to return value to shareholders. Additionally, full-year revenue reached $36.29 billion, marking a 10% increase from the prior year, alongside a 12% growth in adjusted EBITDA, indicating solid financial performance despite some challenges in specific regions.

Conversely, SLB's fourth-quarter GAAP EPS decreased by 7% sequentially, remaining flat year-on-year, while net income attributable to the company fell by 8% from the previous quarter and 2% compared to the same period last year. The North America segment showed a decline in full-year revenue by 1%, and the Latin America region experienced a 3% sequential decline in revenue due to reduced drilling activity in Mexico. These factors highlight some operational challenges amidst the overall positive financial metrics.

Jan 17, 2025 07:08:29