SLB Publishes Q3 2026 Earnings Call Transcript
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- SLB's Q3 2026 earnings call on October 23 featured CEO Olivier Le Peuch and CFO Stephane Biguet.
- Quarterly revenue rose 5% sequentially to $9.45 billion, supported by a Middle East recovery and international deepwater activity.
- Management forecast fourth-quarter revenue of approximately $10 billion, up 5%–7% sequentially, assuming Middle East revenue remains flat.
- Adjusted EBITDA margins are expected to expand 100–150 basis points sequentially, supported by year-end Digital and product sales.
- For 2027, management expects mid-single-digit global oilfield services market growth; Core divisions should outperform, with Middle East normalization offering additional upside.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.
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