Citable filing context
SLB's research view summarizes recent SEC filing context, starting with earnings from Jul 24, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 24, 2026 | earnings | SLB reported second-quarter 2026 revenue of $8.97 billion and declared a quarterly cash dividend of $0.295 per share. |
| Jun 10, 2026 | other | SLB announced it will host its 2026 Digital Investors Day on June 17, 2026, in New York. |
| May 12, 2026 | debt_offering | Schlumberger Investment S.A. issued $2 billion in senior notes due 2031, 2033, and 2036. |
| Jul 24, 2026 | Guidance: capital_investment | not reported to 2.50 |
| Mar 11, 2026 | Guidance: eps_impact | 0.06 to 0.09 |
| Jan 23, 2026 | Guidance: capital_investment | not reported to not reported |
| Jul 29, 2026 | mda_quarterly | SLB reported second-quarter 2026 revenue of $9.0 billion, a 3% sequential increase driven by robust international offshore activity in Latin America, Europe, Africa, and Asia. This growth successfully offset a 13% sequential revenue decline in the Middle East, where ongoing regional conflict caused significant operational disruptions, particularly impacting the Reservoir Performance and Well Construction divisions. Digital revenue grew 9% sequentially to $697 million, bolstered by a 25% surge in Digital Exploration data licenses and improved margins. Production Systems revenue rose 7% to $3.8 billion, supported by strong demand for SLB OneSubsea, artificial lift, and valves, alongside contributions from the ChampionX acquisition. Conversely, Reservoir Performance and Well Construction faced margin pressure and revenue contraction due to the Middle East instability. Liquidity remains stable, with $4.1 billion in cash and short-term investments and $5.0 billion in available credit facilities. During the quarter, SLB issued $2.0 billion in senior notes and continued its capital allocation strategy, including a 3.5% dividend increase and ongoing share repurchases. Management expects full-year 2026 capital expenditures of approximately $2.5 billion, maintaining a focus on balancing shareholder returns with strategic investments despite geopolitical headwinds and pricing pressures in select markets. |
| Apr 29, 2026 | mda_quarterly | First-quarter 2026 revenue reached $8.7 billion, a 3% year-over-year increase, though revenue declined 7% excluding the ChampionX acquisition. This organic decline was driven by 7% and 8% drops in international and North American markets, respectively. Geopolitical disruptions in the Middle East—which accounts for 70% of the region's $2.7 billion revenue—severely impacted the Well Construction and Reservoir Performance divisions, necessitating the demobilization of operations. Conversely, Production Systems revenue grew 23% to $3.5 billion, bolstered by ChampionX’s production chemicals and artificial lift businesses. Digital revenue rose 9% to $640 million, supported by Digital Operations. SLB anticipates a broad-based upstream recovery in 2027 and 2028, forecasting increased investment in deepwater offshore markets and short-cycle projects in North and Latin America as countries diversify supply. Financially, the company reported net debt of $8.2 billion and negative free cash flow of $23 million for the quarter. Full-year 2026 capital investments are projected at $2.5 billion. The company continues its $10 billion share repurchase program, having cumulatively repurchased $6.3 billion of common stock as of March 31, 2026. |
Source: SEC EDGAR filing text and events; period Jul 24, 2026; filed Jul 24, 2026.
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