SLB

SchlumbergerNYSE · Oil & Gas Equipment & Services · Energy

Previous close

53.74

Change

−0.07 / −0.13%

FinDog View

Neutral

52-Week Range ?

34.65 – 60.46

P/E (TTM) ?

25.5

Forward P/E ?

17.4

Based on consensus earnings for the next 12 months

Market Cap

$78.6B

+10.30%

S&P 500 −0.91% over same period

Volume / Avg Volume

12.8M / 12.9M

0.99× average

Latest earnings analysisFY2026 Q2Reported 2026-07-24

SLB Q2 2026: revenue up 5%, EPS down 30% as margins compress

SLB's second quarter of 2026 was mixed: revenue rose 5.0% year on year to $8.97 billion, but GAAP EPS fell 30.0% to $0.52 and net income fell 22.0% to $786 million. The headline growth is flattered by ChampionX, which added $870 million of revenue; excluding it, revenue declined 5.0% year on year. I read this as a balanced quarter: sequential improvement and Digital/Data Center momentum are offset by weaker annual profitability and Middle East uncertainty.

Read the full analysis →

Revenue$8.97BYoY +5.00%

EPS (non-GAAP)$0.55Beatest. $0.52

Next-day move−1.70%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 15.31M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-07-24	$9.0B	0.55 / 0.52	−1.70%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-24	$8.7B	0.52 / 0.52	−1.64%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-01-23	$35.7B	0.78 / 0.75	+1.12%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-17	$8.9B	0.69 / —	+2.45%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-18	$8.5B	0.74 / —	+0.66%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-25	$8.5B	0.72 / —	−1.22%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-01-21

in 81 days · After hours

Consensus EPS

$0.77

Last quarter EPS $0.55

Avg. next-day move over the last 6 reports

±1.5%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 96 of its 5-year rangeExpensive

5-year range 11.3 – 25.1 · Median 16.2

Last 4 quarters: $0 in buybacks + $1.7B in dividends, 2.20% of market cap combined

P/E (TTM)

25.5

P/B

2.9

P/S

2.1

Dividend Yield

1.90%

Earnings Reaction

Over the last 6 reports, the stock moved ±1.5% on average on the first trading day after, rising 3 times

Most recent −1.70%

Volatility & Correlation

1-year beta 0.71 · Correlation with S&P 500 0.25Tracks the market

Annualized volatility 37% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 7 · $7.0MNet selling $7.0M

10-30Ralston Dianne B.Chief Legal Officer & SecSell$1.1M20,986 shares · Avg price 53.57
10-29Guild HowardChief Accounting OfficerSell$0.54M10,047 shares · Avg price 53.65
10-27Le Peuch OlivierChief Executive OfficerSell$1.3M25,000 shares · Avg price 53.17
09-01Le Peuch OlivierChief Executive OfficerSell$2.1M35,000 shares · Avg price 60.00
08-31Le Peuch OlivierChief Executive OfficerSell$0.30M5,000 shares · Avg price 60.00
08-27Le Peuch OlivierChief Executive OfficerSell$0.28M5,000 shares · Avg price 55.00
08-26Le Peuch OlivierChief Executive OfficerSell$1.3M25,000 shares · Avg price 52.55

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	9.45	+5.8%	—	—	0.74	1.03	0.49
FY2026 Q2	8.97	+5.0%	—	—	0.79	0.90	0.52
FY2026 Q1	8.72	+2.7%	—	—	0.75	0.14	0.50
FY2025 Q4	9.74	+5.0%	—	—	0.82	2.49	0.53
FY2025 Q3	8.93	−2.5%	—	—	0.74	1.27	0.50
FY2025 Q2	8.55	−6.5%	—	—	1.01	0.77	0.74
FY2025 Q1	8.49	−2.5%	—	—	0.80	0.26	0.58
FY2024 Q4	9.28	+3.3%	—	—	1.10	1.78	0.77
FY2024 Q3	9.16	+10.2%	—	—	1.19	1.99	0.83
FY2024 Q2	9.14	+12.8%	—	—	1.11	0.97	0.77
FY2024 Q1	8.71	+12.6%	—	1.65	1.07	-0.07	0.74
FY2023 Q4	8.99	+14.1%	—	1.87	1.11	2.43	0.76

Peers

Largest by market cap in the sector · Latest quarterView Energy sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
SLB	Schlumberger	$78.6B	25.5	+5.8%	—	+10.30%	Neutral
XOM	ExxonMobil	$753B	22.6	+42.3%	—	+15.05%	Neutral	Compare
CVX	Chevron Corporation	$465B	22.6	+51.4%	45.5%	+15.33%	Bullish	Compare
COP	ConocoPhillips	$184B	19.7	+43.3%	62.9%	+23.08%	Bullish	Compare
MPC	Marathon Petroleum	$124B	14.2	+53.8%	17.2%	+12.47%	Neutral	Compare
VLO	Valero Energy	$121B	15.4	+43.3%	20.4%	+3.11%	Bullish	Compare
PSX	Phillips 66	$109B	15.0	+46.4%	19.2%	+10.78%	Bullish	Compare
WMB	Williams Companies	$87.7B	29.6	+0.0%	—	+9.39%	Neutral	Compare
EOG	EOG Resources	$86.6B	12.6	+57.4%	—	+20.17%	Bullish	Compare

The View in One Line

Revenue rose sequentially to 8.97B and EPS was 0.52, but organic revenue is still negative year over year, margins are below last year and Middle East recovery is uncertain.

Updated 2026-10-30

ETFs holding it

Weights estimated at latest prices

Key Events

10-06Management Change
SLB Appoints Jing Ulrich to Board of Directors
On October 5, 2026, SLB's Board elected Jing Ulrich as a director, effective immediately; she will serve on the Audit and Finance Committees.Source ↗
05-12Capital Actions
Schlumberger Issues $2 Billion in Senior Notes
On May 7, 2026, a Schlumberger subsidiary issued $2 billion in senior notes across three tranches due 2031, 2033, and 2036, fully guaranteed by SLB.Source ↗
04-08Governance
Schlumberger Annual Meeting Approves All Proposals
At the April 8, 2026 annual meeting, all 9 directors were elected, and proposals on executive compensation, financial statements and dividends, and auditor appointment were all approved.Source ↗

Key Financial Trends

Quarterly Revenue ($B)9.4

Free Cash Flow ($B)1.0