SLB (NYSE:SLB) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• Q1 results: SLB reported $0.52 EPS, beating estimates by $0.01 while revenue of $8.72 billion slightly missed forecasts and EPS fell from $0.72 year‑over‑year amid a "challenging start" tied to Middle East disruptions.
• Dividend set: The company declared a $0.295 quarterly dividend (annualized $1.18, ~2.1% yield) with record/ex‑dividend date on June 3 and a payout ratio near 50%, signaling steady cash returns to shareholders.
• Market and strategic outlook: Shares rose about 2.7% to $56.20, analysts rate the stock a "Moderate Buy" (consensus target ~$54.27), and reports of a potential acquisition of S&P Global’s subsurface software business could boost SLB’s digital/recurring revenue profile.

SLB (NYSE:SLB - Get Free Report) posted its quarterly earnings results on Friday. The oil and gas company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.51 by $0.01, FiscalAI reports. The firm had revenue of $8.72 billion for the quarter, compared to analyst estimates of $8.76 billion. SLB had a net margin of 9.45% and a return on equity of 17.45%. SLB's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 earnings per share.

SLB Stock Up 2.7%

Shares of NYSE:SLB opened at $56.20 on Friday. The company has a market capitalization of $84.44 billion, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 3.76 and a beta of 0.69. The company has a 50 day moving average of $50.27 and a two-hundred day moving average of $43.66. SLB has a 52-week low of $31.64 and a 52-week high of $56.90. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.36.

SLB Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Wednesday, June 3rd will be given a $0.295 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.18 annualized dividend and a yield of 2.1%. SLB's dividend payout ratio (DPR) is 49.79%.

Insider Buying and Selling at SLB

In other news, insider Dianne B. Ralston sold 18,617 shares of the company's stock in a transaction on Monday, January 26th. The shares were sold at an average price of $49.50, for a total value of $921,541.50. Following the completion of the transaction, the insider directly owned 224,097 shares in the company, valued at approximately $11,092,801.50. This represents a 7.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Stephane Biguet sold 61,017 shares of the firm's stock in a transaction on Monday, January 26th. The shares were sold at an average price of $49.70, for a total transaction of $3,032,544.90. Following the sale, the chief financial officer directly owned 155,548 shares of the company's stock, valued at approximately $7,730,735.60. The trade was a 28.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 156,902 shares of company stock valued at $7,796,666. 0.16% of the stock is owned by company insiders.

Hedge Funds Weigh In On SLB

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wilkerson Advisory Group LLC purchased a new stake in shares of SLB during the fourth quarter worth about $36,000. Swiss RE Ltd. acquired a new stake in SLB during the 4th quarter valued at approximately $45,000. Palisade Asset Management LLC acquired a new stake in SLB during the 3rd quarter valued at approximately $46,000. Wealth Watch Advisors INC purchased a new stake in SLB during the 3rd quarter worth approximately $48,000. Finally, Kelleher Financial Advisors purchased a new stake in SLB during the 3rd quarter worth approximately $68,000. 81.99% of the stock is owned by hedge funds and other institutional investors.

SLB News Summary

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB declared a quarterly dividend of $0.295 per share (annualized yield ~2.1%), with record/ex-dividend dates set — supports income investors and signals confidence in cash flow.
• Positive Sentiment: Company highlighted digital revenue growth and contributions from ChampionX, which helped Q1 results and underpins higher-margin service mix. SLB Q1 Earnings Beat on Digital Growth & ChampionX Contributions
• Positive Sentiment: SLB and peers say the Iran/region conflict is tightening supply and should push higher exploration and production spending — a potential multi-quarter demand tailwind for SLB’s services. SLB, Baker Hughes see oil exploration spending rising as Iran war disrupts supply
• Positive Sentiment: Market reports that SLB is seen as a potential acquirer of S&P Global’s subsurface oil software business — a strategic move that could expand software/digital recurring revenue (rumor-driven upside). SLB Seen Acquiring S&P Global’s Subsurface Oil Software Business
• Neutral Sentiment: Full Q1 earnings call transcript is available — useful for investors to assess management tone and any updated guidance. SLB N.V. (SLB) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: SLB filed an 8-K updating its regulatory approach — routine disclosure that may matter to institutional holders but is not an immediate earnings driver. Schlumberger Highlights Regulatory Approach in Latest 8-K Disclosure
• Negative Sentiment: Reported EPS was down year-over-year and some outlets note SLB missed the consensus cited by certain providers, with management calling it a “challenging start” as Middle East disruptions hit operations — this raises short-term outlook risk. Oilfield services provider SLB posts lower quarterly profit on Iran war hit
• Negative Sentiment: Headline coverage emphasized a Q1 profit decline and management caution, which initially pressured shares in some outlets despite the subsequent rally — highlights execution and regional-risk sensitivity. SLB Stock Tumbles on Earnings as CEO Cites ‘Challenging Start to the Year'

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SLB. Susquehanna increased their price objective on shares of SLB from $56.00 to $60.00 and gave the stock a "positive" rating in a research report on Tuesday, April 7th. Evercore set a $54.00 target price on shares of SLB and gave the company an "outperform" rating in a report on Tuesday, January 6th. Wall Street Zen cut shares of SLB from a "buy" rating to a "hold" rating in a research report on Saturday, March 14th. Weiss Ratings upgraded SLB from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday. Finally, Sanford C. Bernstein increased their price target on SLB from $52.30 to $56.10 and gave the company an "outperform" rating in a report on Thursday, March 12th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $54.27.

About SLB

SLB NYSE: SLB, historically known as Schlumberger, is a leading global provider of technology, integrated project management and information solutions for the energy industry. Founded by Conrad and Marcel Schlumberger in 1926, the company develops and supplies products and services used across the exploration, drilling, completion and production phases of oil and gas development. Its offerings are intended to help operators characterize reservoirs, drill and complete wells, optimize production and manage field operations throughout the asset lifecycle.

SLB's product and service portfolio spans reservoir characterization and well testing, wireline and logging services, directional drilling and drilling tools, well construction and completion technologies, production systems, and subsea equipment.