SLB N.V.'s Stock Analysis

Schlumberger Issues $2 Billion in Senior Notes with Various Maturities

On May 7, 2026, Schlumberger Investment S.A. issued a total of $2 billion in Senior Notes, divided into three tranches: $500 million in 4.550% Notes due 2031, $500 million in 4.800% Notes due 2033, and $1 billion in 5.150% Notes due 2036. These notes are fully guaranteed by SLB Limited and were sold under a registration statement filed with the SEC on April 30, 2026. The issuance was facilitated through an underwriting agreement with several financial institutions acting as underwriters.

The notes are governed by an Indenture that has undergone several amendments, with the latest being a Sixth Supplemental Indenture dated May 7, 2026. Details about the terms of the notes and related agreements are available in the prospectus supplement and the base prospectus filed with the SEC. This filing serves to incorporate certain items into the existing registration statement, ensuring compliance with SEC regulations.

May 12, 2026 17:09:58

Schlumberger Issues $2 Billion in Senior Notes for Investors

On May 7, 2026, Schlumberger Investment S.A. issued a total of $2 billion in Senior Notes, consisting of $500 million due in 2031 at a 4.550% interest rate, $500 million due in 2033 at a 4.800% interest rate, and $1 billion due in 2036 at a 5.150% interest rate. These notes are fully guaranteed by SLB Limited and were sold under a registration statement filed with the SEC on April 30, 2026.

The issuance was facilitated through an underwriting agreement with J.P. Morgan Securities LLC, HSBC Securities (USA) Inc., and Standard Chartered Bank. The notes are governed by an Indenture, which has undergone several amendments, the latest being a Sixth Supplemental Indenture dated May 7, 2026. Additional details regarding the terms of the notes and the agreements can be found in the prospectus supplement and base prospectus filed with the SEC.

May 12, 2026 17:09:58

Schlumberger Reports First-Quarter 2026 Financial Results

Schlumberger Limited reported first-quarter 2026 revenue of $8.72 billion, reflecting a 3% year-on-year increase primarily due to the acquisition of ChampionX, which contributed $838 million in revenue. However, excluding this acquisition, global revenue decreased by 7%, with North America and international revenues declining by 8% and 7%, respectively, largely impacted by geopolitical disruptions in the Middle East. Notably, Production Systems revenue increased by 23% year-on-year, driven by production chemicals and artificial lift, while Digital revenue grew by 9% year-on-year, underscoring continued momentum in digital operations.

During the quarter, Schlumberger repurchased 9.2 million shares for $451 million and declared a quarterly cash dividend of $0.295 per share, payable on July 9, 2026. The company is also pursuing strategic acquisitions, including the subsea business of Envirex Group AS and the geoscience software portfolio of S&P Global Energy, aimed at enhancing its digital capabilities. Despite challenges from the Middle East conflict, Schlumberger anticipates increased investment in energy projects and aims to return over $4 billion to shareholders in 2026.

Apr 24, 2026 07:15:29

Schlumberger Annual Meeting Approves Key Shareholder Proposals

The Annual General Meeting of Shareholders for Schlumberger Limited was held on April 8, 2026, where all director nominees were elected and all proposals passed. Key approvals included the advisory resolution for executive compensation, which received 95.2% support, and the approval of financial statements and dividends, with 99.8% of votes in favor.

Additionally, the appointment of PricewaterhouseCoopers LLP as the independent auditors for 2026 was ratified with 92.8% approval, and the amendment to the 2017 SLB Omnibus Stock Incentive Plan was approved with 97.6% of votes cast in favor. These outcomes reflect strong shareholder support for the company's governance and financial management.

Apr 08, 2026 16:05:17

Schlumberger Reports Lower Q1 Revenue Due to Middle East Situation

Schlumberger Limited has suspended travel and begun to demobilize operations in several Middle Eastern countries due to safety concerns amid ongoing regional instability. The company has activated crisis response teams to monitor the situation and plans to resume operations as conditions improve. The safety of employees is prioritized, and Schlumberger is collaborating with local authorities and customers in this regard.

As a result of these disruptions, Schlumberger anticipates that its revenue for the first quarter will be lower than expected, with an estimated impact of 6-9 cents per diluted share on earnings. Despite these short-term challenges, the company expresses confidence in the resilience of its global business operations, drawing on its extensive experience in navigating geopolitical crises throughout its history.

Mar 11, 2026 08:13:07

Schlumberger Reports Q4 2025 Results and Increases Dividend

Schlumberger Limited announced its fourth-quarter and full-year 2025 financial results, highlighting a revenue increase of 9% sequentially in Q4, totaling $9.75 billion. This growth was driven by a full quarter of contributions from the recently acquired ChampionX, which added $879 million in revenue. Excluding ChampionX, revenues showed a 6% sequential increase in North America and a 7% increase internationally. The company generated $6.5 billion in cash flow from operations and returned $4 billion to shareholders in 2025, with plans to exceed this amount in 2026.

Additionally, Schlumberger has approved a 3.5% increase in its quarterly dividend to $0.295 per share, effective April 2, 2026. The company continues to emphasize growth in its Digital and Data Center Solutions businesses, reporting a 121% year-over-year growth in Data Center Solutions. Overall, Schlumberger's strategic focus on production and recovery services, along with the integration of ChampionX, positions it to capture further market opportunities in 2026.

Jan 23, 2026 07:06:21

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