SLB · NYSE · Oil & Gas Equipment & Services

SLB (SLB)

Supplies technology, services, and software from reservoir evaluation through oil and gas production.

$52.30
vs last close+0.54 (+1.03%)
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SLB N.V.SLB
Energy

Sells equipment, field services, and digital tools for reservoir evaluation, well construction, and oil-and-gas production. Revenue comes from technology and project work across more than 100 countries, with most generated outside the United States and demand tied to operators' exploration, development, and production spending.

Provides oilfield technology and services across four divisions. Reservoir Performance evaluates formations and improves recovery; Well Construction supplies drilling, measurement, fluids, and wellbore tools; Production Systems spans subsea and surface equipment, completions, artificial lift, valves, and production chemicals; Digital sells exploration data, software platforms, and automated operations.

Combines subsurface expertise, field execution, manufactured equipment, and software across the life of a well. ChampionX's chemicals and artificial-lift businesses now sit mainly within Production Systems, while OneSubsea extends the equipment portfolio offshore. Smaller operations build modular data-center infrastructure, run integrated field projects, and develop carbon-capture systems. Operations span more than 100 countries, with most revenue generated outside the United States. Demand remains tied to oil and gas operators' exploration, development, and production spending.

Company facts

CEOOlivier Le Peuch
ListedFeb 2, 1962
ExchangeNYSE
HeadquartersHouston, TX
CountryUnited States
Employees109,000
CIK0000087347
ISINAN8068571086

Market cap$76.82B
EPS (ttm)$2.05
P/E (ttm)25.25
ROE11.8%
P/B2.95
P/S2.11
Dividend yieldDiv yield2.26%
Beta0.75vs XLE 0.96

Price target$64.00+23.6%Average of 66 analysts
ConsensusBuy56 of 66 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026UBSReiterate
Rating: Target: $72
Rating: BuyTarget: $75
Sep 9, 2026UBSReiterate
Rating: Target: $66
Rating: BuyTarget: $72
Jul 27, 2026Evercore ISIReiterate
Rating: Target: $64
Rating: OutperformTarget: $66
Jul 27, 2026SusquehannaReiterate
Rating: Target: $55
Rating: PositiveTarget: $62
Jul 27, 2026Piper SandlerReiterate
Rating: Target: $59
Rating: OverweightTarget: $64

Next report
Oct 16, 26
in 24 days
EPS estimate
$0.62
Revenue estimate
$9.27B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$0.92$0.72$0.74$0.69$0.78$0.52$0.55Pending
Estimate$0.90$0.73$0.72$0.66$0.74$0.51$0.51$0.62
Surprise+2.2%−1.9%+2.5%+5.0%+5.1%+2.4%+7.6%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$9.28B$8.49B$8.55B$8.93B$9.75B$8.72B$8.97BPending
Estimate$9.18B$8.60B$8.50B$8.92B$9.55B$8.63B$8.67B$9.27B
Surprise+1.1%−1.3%+0.6%+0.1%+2.0%+1.1%+3.5%
Estimate$0.62
ReportedDue Oct 16, 2026
Estimate$9.27B
ReportedDue Oct 16, 2026
View details

Debt to equity49.10%
Current ratio143.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$9.16B$9.28B$8.49B$8.55B$8.93B$9.75B$8.72B$8.97B
Net income$1.19B$1.10B$797.0M$1.01B$739.0M$800.0M$752.0M$786.0M
Net margin12.9%11.8%9.4%11.9%8.3%8.2%8.6%8.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$1.65B$1.69B$1.34B$1.35B$1.32B$1.46B$1.03B$1.07B
YoY growth+13.4%+11.6%−4.2%−15.7%−20.0%−13.7%−23.1%−20.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $4.07B · Total debt $12.80B · Total assets $55.53B · Shareholders' equity $26.07B

Revenue
$8.97B
Operating income
$1.07B
Net income
$786.0M
View details

Dividend yield
2.26%
Next ex-date
Dec 2, 26
estimated · in 71 days
Annual dividend
$1.17
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Feb '25Jun '25Sep '25Dec '25Feb '26Jun '26Sep '26
Dividend$0.275$0.285$0.285$0.285$0.285$0.295$0.295$0.295
Annual yield2.57%2.72%3.37%3.23%3.04%2.23%2.04%2.01%
Ex-dateDec 4Feb 5Jun 4Sep 3Dec 3Feb 11Jun 3Sep 2
Payment dateJan 9Apr 3Jul 10Oct 9Jan 8Apr 2Jul 9Oct 8
View details

Institutions93.48%1.39B shares
1,803 holders · as of Jun 30, 2026
Insiders3.99%59.22M shares
26 holders · as of Sep 1, 2026
Other2.53%37.48M shares
remainder

1.48B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.83%116.15Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.58%97.67Mas of Jun 30, 2026
State Street CorpInstitution
6.15%91.22Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.06%75.13Mas of Jun 30, 2026
Price T Rowe Associates Inc /MD/Institution
4.15%61.62Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 1, 2026Olivier le Peuchdirector, officer: Chief Executive Officer−35,000$60.00
Aug 31, 2026Olivier le Peuchdirector, officer: Chief Executive Officer−5,000$60.00
Aug 27, 2026Olivier le Peuchdirector, officer: Chief Executive Officer−5,000$55.00
Aug 26, 2026Olivier le Peuchdirector, officer: Chief Executive Officer−25,000$52.55
May 27, 2026Olivier le Peuchdirector, officer: Chief Executive Officer−25,000$56.99
View details

  • Halliburton

    Second-largest OFS firm; broadest rival in drilling, completions, digital.

  • Baker Hughes

    Full-spectrum OFS major; direct rival in drilling, subsea, lift, and digital.

  • TechnipFMC

    Pure-play subsea leader; duopoly rival to OneSubsea in deepwater systems.

  • Weatherford International

    Global OFS mid-tier; drilling, tubular running, artificial lift, intervention.

  • NOV

    Rig-equipment maker; overlaps in drilling fluids, drill bits, and subsea kit.

Compare

CompanyPriceChange
SLB$52.30+1.03%$76.82B25.218.42.1+5.0%
Halliburton$33.21−0.55%$27.89B17.513.11.2+3.7%
Baker Hughes$57.28−0.96%$57.41B18.621.32.1−2.4%
TechnipFMC$71.35+0.06%$27.97B24.820.82.7+9.0%
Weatherford International$85.04+3.45%$5.89B16.214.01.2−8.2%
NOV$20.47+1.56%$7.18B77.519.20.8−2.5%
Median18.619.21.2−2.4%