SLB (SLB) Expected to Announce Earnings on Friday

SLB (NYSE:SLB) is expected to post its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect the company to post earnings of $0.51 per share and revenue of $8.6653 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 24, 2026 at 9:30 AM ET.

SLB (NYSE:SLB) last posted its quarterly earnings data on Saturday, April 25th. The oil and gas company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. The business had revenue of $8.72 billion during the quarter, compared to the consensus estimate of $8.76 billion. SLB had a return on equity of 15.54% and a net margin of 9.26%.The company’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 earnings per share. On average, analysts expect SLB to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

SLB Stock Down 1.0%

Shares of NYSE:SLB opened at $47.07 on Friday. The firm has a fifty day moving average price of $52.02 and a 200 day moving average price of $50.25. SLB has a 1-year low of $31.64 and a 1-year high of $58.82. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.34 and a quick ratio of 0.98. The stock has a market cap of $70.38 billion, a P/E ratio of 20.56, a P/E/G ratio of 1.95 and a beta of 0.72.

SLB Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Wednesday, June 3rd were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, June 3rd. SLB’s dividend payout ratio (DPR) is 51.53%.

Insider Buying and Selling

In other SLB news, EVP Steve Matthew Gassen sold 53,379 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $56.18, for a total value of $2,998,832.22. Following the completion of the sale, the executive vice president owned 47,421 shares of the company’s stock, valued at $2,664,111.78. This trade represents a 52.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director La Chevardiere Patrick De sold 2,000 shares of SLB stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $54.33, for a total transaction of $108,660.00. Following the sale, the director directly owned 16,953 shares in the company, valued at $921,056.49. This trade represents a 10.55% decrease in their position. The SEC filing for this sale provides additional information. 0.16% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SLB

A number of institutional investors have recently modified their holdings of the stock. Hancock Whitney Corp lifted its holdings in SLB by 1.6% during the 3rd quarter. Hancock Whitney Corp now owns 23,186 shares of the oil and gas company’s stock worth $797,000 after buying an additional 356 shares during the last quarter. Wealth Watch Advisors INC boosted its stake in SLB by 27.1% during the 4th quarter. Wealth Watch Advisors INC now owns 1,787 shares of the oil and gas company’s stock valued at $69,000 after purchasing an additional 381 shares during the period. Scotia Capital Inc. grew its holdings in SLB by 0.5% in the 3rd quarter. Scotia Capital Inc. now owns 95,933 shares of the oil and gas company’s stock worth $3,297,000 after buying an additional 495 shares in the last quarter. GeoWealth Management LLC grew its stake in shares of SLB by 8.5% in the fourth quarter. GeoWealth Management LLC now owns 6,564 shares of the oil and gas company’s stock worth $252,000 after purchasing an additional 512 shares in the last quarter. Finally, Fiduciary Trust Co increased its stake in SLB by 1.3% during the 3rd quarter. Fiduciary Trust Co now owns 41,706 shares of the oil and gas company’s stock valued at $1,433,000 after buying an additional 519 shares during the period. Institutional investors and hedge funds own 81.99% of the company’s stock.

Wall Street Analyst Weigh In

SLB has been the subject of several recent analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $54.00 price target on shares of SLB in a report on Wednesday. Stifel Nicolaus increased their price target on shares of SLB from $61.00 to $64.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Sanford C. Bernstein lifted their price objective on SLB from $56.10 to $71.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Evercore reiterated an “outperform” rating and issued a $64.00 price target on shares of SLB in a report on Monday, April 27th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $65.00 price objective on shares of SLB in a research note on Sunday, April 26th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, SLB has an average rating of “Moderate Buy” and a consensus target price of $60.30.

Key SLB News

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB announced a new alliance with Liberty Energy to provide modular natural-gas power and infrastructure for data centers, giving the company exposure to the rapidly growing AI power market and a potentially new high-margin revenue stream. Article Title
• Positive Sentiment: Some analysts and commentators are increasingly bullish on SLB’s digital business, arguing that its AI-related and software-like offerings could support a higher valuation multiple over time. Article Title
• Positive Sentiment: Several pieces noted that SLB still appears to trade at a discount to fair value based on cash flow and valuation models, which may appeal to value-oriented investors if the new growth initiatives gain traction. Article Title
• Neutral Sentiment: Zacks flagged SLB as a trending stock, reflecting elevated investor interest rather than a specific new fundamental catalyst. Article Title
• Neutral Sentiment: Market coverage also highlighted that SLB’s stock has had a mixed recent run, with its longer-term returns still solid but recent trading weaker, keeping attention on upcoming earnings and management commentary. Article Title

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.