SLB (NYSE:SLB) Posts Earnings Results, Beats Expectations By $0.04 EPS

SLB (NYSE:SLB) posted its quarterly earnings results on Friday. The oil and gas company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.04, FiscalAI reports. SLB had a return on equity of 18.97% and a net margin of 10.34%.The company had revenue of $9.75 billion for the quarter, compared to the consensus estimate of $9.54 billion. During the same quarter in the prior year, the business posted $0.92 EPS. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year.

Here are the key takeaways from SLB’s conference call:

• Strong quarter and cash generation: Q4 revenue rose 9% sequentially to $9.7B with adjusted EBITDA margin of 23.9%, $3.0B cash from operations and $2.3B free cash flow, reducing net debt to $7.4B.
• Digital momentum and AI rollout: Digital annual recurring revenue topped $1B (15% YoY), Q4 Digital revenue was $825M (+25% seq.) with a 34% pre-tax margin, and new products/partnerships (Tela, ADNOC) accelerate AI-driven adoption.
• ChampionX integration boosts Production Systems: An extra month of ChampionX added ~ $300M in Q4 and SLB expects ~ $1.8B incremental ChampionX revenue in 2026 plus targeted $400M of synergies (about half to be realized by end-2026).
• Subsea backlog and tender pipeline: OneSubsea booked ~ $4B in 2025 with a path to > $9B cumulative bookings over the next two years and >500 subsea trees expected to be tendered in 2026–27, supporting a deepwater rebound thesis.
• Near-term headwinds and charges: SLB expects Q1 revenue to decline high-single-digits sequentially with EBITDA margin down 150–200 bps, recorded $0.23 of Q4 net charges (including a $0.11 goodwill impairment), and notes ongoing pricing pressure and region-specific softness.

SLB Stock Down 0.7%

Shares of SLB stock opened at $49.00 on Friday. SLB has a twelve month low of $31.11 and a twelve month high of $51.67. The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 0.40. The company’s 50 day moving average is $40.14 and its 200 day moving average is $36.70. The company has a market cap of $73.20 billion, a price-to-earnings ratio of 20.67 and a beta of 0.72.

SLB Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, February 11th will be issued a dividend of $0.295 per share. The ex-dividend date of this dividend is Wednesday, February 11th. This is a positive change from SLB’s previous quarterly dividend of $0.29. This represents a $1.18 annualized dividend and a dividend yield of 2.4%. SLB’s dividend payout ratio is presently 48.10%.

Insider Buying and Selling at SLB

In related news, EVP Abdellah Merad sold 60,000 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $37.69, for a total transaction of $2,261,400.00. Following the completion of the sale, the executive vice president owned 159,371 shares in the company, valued at approximately $6,006,692.99. This represents a 27.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Stephane Biguet sold 38,447 shares of the stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $36.75, for a total value of $1,412,927.25. Following the completion of the transaction, the chief financial officer directly owned 175,690 shares in the company, valued at approximately $6,456,607.50. This represents a 17.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 103,947 shares of company stock worth $3,871,337. Insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On SLB

Several institutional investors have recently made changes to their positions in SLB. Palisade Asset Management LLC bought a new stake in SLB during the third quarter valued at approximately $46,000. Wealth Watch Advisors INC bought a new position in SLB in the third quarter worth approximately $48,000. Kelleher Financial Advisors purchased a new position in shares of SLB during the 3rd quarter worth $68,000. MUFG Securities EMEA plc bought a new stake in shares of SLB during the 2nd quarter valued at $136,000. Finally, Quarry LP increased its stake in shares of SLB by 17.3% in the 3rd quarter. Quarry LP now owns 4,338 shares of the oil and gas company’s stock worth $149,000 after purchasing an additional 640 shares in the last quarter. Institutional investors own 81.99% of the company’s stock.

More SLB News

Here are the key news stories impacting SLB this week:

• Positive Sentiment: Raised dividend and shareholder returns — SLB increased its quarterly dividend to $0.295 (3.5% raise) and said it plans to return more than $4 billion to shareholders in 2026, supporting income-seeking investors and signaling confidence in cash generation. SLB Raises Dividend 3.5%; Aims to Return More Than $4 Billion to Holders
• Positive Sentiment: Quarterly revenue and EPS modestly beat expectations — Q4 revenue (~$9.74–9.75B) topped estimates and reported EPS ($0.78) beat the consensus of $0.74, showing demand gains in Digital and Production Systems that helped offset weaker areas. SLB Q4 earnings / MarketBeat
• Positive Sentiment: Venezuela growth optionality — Management says SLB can rapidly scale operations in Venezuela if licensing and compliance permit, opening a potentially large incremental market over time. Investors view this as a material upside contingent on geopolitics/regulatory approvals. SLB is poised to rapidly increase activities in Venezuela
• Neutral Sentiment: Analyst coverage and price targets remain constructive but mixed — multiple firms maintain Buy/Outperform ratings with a median target near $52, providing support but also showing a range of views. QuiverQuant analyst/target roundup
• Neutral Sentiment: More color available from the earnings call transcript — analysts and management discuss ChampionX integration, regional recovery and margin dynamics; useful for investors assessing guidance and segment trends. SLB Q4 2025 Earnings Call Transcript
• Negative Sentiment: Profitability and cash-flow weakness — despite top-line growth, gross profit, operating profit and cash from operations declined year?over?year, and operating margin fell, raising questions about near-term earnings sustainability. That pressure helps explain cautious selling. Schlumberger Q4 results and cash/margin details
• Negative Sentiment: Insider selling noted — recent filings show several insider sales, which can weigh on sentiment even if not unusual at large firms. QuiverQuant insider activity
• Negative Sentiment: Market reaction reflects mixed messaging — some outlets highlighted sliding profit/revenue dynamics and regional struggles that management says are improving, producing short-term volatility. TipRanks: SLB earnings reaction

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SLB. Barclays cut their target price on SLB from $48.00 to $47.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Weiss Ratings reissued a “hold (c-)” rating on shares of SLB in a research report on Wednesday, October 8th. The Goldman Sachs Group restated a “buy” rating and set a $49.00 price objective on shares of SLB in a research note on Wednesday, January 14th. Evercore ISI set a $54.00 target price on shares of SLB and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Finally, TD Cowen raised their price target on shares of SLB from $56.00 to $57.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $49.84.

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.