Schlumberger Stock News

Geothermal technology is in the early stages of its own shale revolution, Morgan Stanley says.

Top oilfield services companies are counting on a recovery in Middle East activity after months of disruptions to support growth next year, but rising operating costs and renewed flare-ups ​are tempering the near-term outlook.

SLB beat Wall Street estimates for third-quarter profit ​on Friday, as resilient demand ‌across key markets such as North America helped the top US oilfield ​services firm ride out weakness ​in the Middle East due ⁠to the war in Iran.

The company beats earnings estimates as its emerging data center business surges 76% year over year.

SLB reported higher third-quarter revenue as business in the Middle East began to gradually recover, following a challenging start to the year.

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the third-quarter 2026. Third-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Sept. 30,2026 Jun. 30,2026 Sept. 30,2025 Sequential Year-on-year Revenue $9,449 $8,972 $8,928 5%   6% Income before taxes - GAAP basis $1,019 $1,018 $1,000 0%   2% Income before taxes margin - GAAP basis 10.8...

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced a 15-year agreement with TotalEnergies to use the DrillPlan™ coherent well planning and engineering solutions. The agreement will support TotalEnergies' transition to a digital planning environment, connecting subsurface insights with well planning and engineering. Enabled by SLB's DrillPlan solutions and...