Earnings Highlights SLB

SynMax Research:

Schlumberger (SLB)

SLB acquired ChampionX in Q3 2025.  Excluding the impact of the acquisition, SLB's third-quarter 2025 global revenue decreased 2% sequentially and 9% year on year.  International third-quarter 2025 revenue decreased 1% sequentially and 9% year on year.  North America third-quarter 2025 revenue decreased 7% sequentially and 9% year on year.

Looking ahead into 2026, it is more likely that the international markets will lead an activity rebound when supply and demand rebalance, supported by sustained investment for oil capacity, gas expansion projects and a constructive outlook for deepwater.

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