SLB (NYSE:SLB – Get Free Report) issued its quarterly earnings data on Friday. The oil and gas company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.01, FiscalAI reports. SLB had a net margin of 9.45% and a return on equity of 17.45%. The firm had revenue of $8.72 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the prior year, the business earned $0.72 EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis.
SLB Trading Up 2.7%
SLB stock opened at $56.20 on Friday. The stock has a market cap of $84.44 billion, a P/E ratio of 23.71, a PEG ratio of 3.76 and a beta of 0.69. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.33 and a quick ratio of 0.98. SLB has a 1 year low of $31.64 and a 1 year high of $56.90. The firm’s 50 day moving average price is $50.27 and its 200-day moving average price is $43.66.
SLB Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Wednesday, June 3rd will be given a dividend of $0.295 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $1.18 annualized dividend and a dividend yield of 2.1%. SLB’s dividend payout ratio (DPR) is presently 49.79%.
Key Headlines Impacting SLB
- 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’
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Wall Street Zen cut shares of SLB from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Morgan Stanley raised their target price on shares of SLB from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. The Goldman Sachs Group raised their target price on shares of SLB from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Argus upgraded shares of SLB to a “strong-buy” rating in a research note on Monday, January 26th. Finally, BMO Capital Markets raised their target price on shares of SLB from $53.00 to $55.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $54.27.
Insider Activity
In other news, CAO Howard Guild sold 13,268 shares of SLB stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $49.70, for a total transaction of $659,419.60. Following the sale, the chief accounting officer owned 22,407 shares in the company, valued at $1,113,627.90. This trade represents a 37.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Dianne B. Ralston sold 18,617 shares of SLB stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $49.50, for a total transaction of $921,541.50. Following the sale, the insider owned 224,097 shares in the company, valued at approximately $11,092,801.50. The trade was a 7.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 156,902 shares of company stock valued at $7,796,666. Company insiders own 0.16% of the company’s stock.
Institutional Investors Weigh In On SLB
Several institutional investors and hedge funds have recently modified their holdings of the stock. State Street Corp raised its position in shares of SLB by 1.0% during the fourth quarter. State Street Corp now owns 84,417,217 shares of the oil and gas company’s stock valued at $3,263,998,000 after buying an additional 799,218 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of SLB by 2.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 54,006,438 shares of the oil and gas company’s stock valued at $2,072,844,000 after buying an additional 1,458,650 shares during the last quarter. Morgan Stanley grew its holdings in shares of SLB by 1.3% in the fourth quarter. Morgan Stanley now owns 37,095,243 shares of the oil and gas company’s stock valued at $1,423,716,000 after purchasing an additional 482,533 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of SLB by 50.6% in the fourth quarter. Wellington Management Group LLP now owns 16,635,566 shares of the oil and gas company’s stock valued at $638,473,000 after purchasing an additional 5,589,585 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of SLB by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 15,732,530 shares of the oil and gas company’s stock valued at $603,831,000 after purchasing an additional 366,183 shares in the last quarter. Institutional investors own 81.99% of the company’s stock.
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.
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