SLB (SLB) Set to Announce Quarterly Earnings on Friday

SLB (NYSE:SLB) is projected to issue its Q3 2026 results before the market opens on Friday, October 23rd. Analysts expect SLB to post earnings of $0.6170 per share and revenue of $9.27 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, October 23, 2026 at 9:30 AM ET.

SLB (NYSE:SLB) last released its quarterly earnings data on Saturday, July 25th. The oil and gas company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.04. The firm had revenue of $8.97 billion during the quarter, compared to the consensus estimate of $8.67 billion. SLB had a return on equity of 14.05% and a net margin of 8.53%. SLB’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the business posted $0.74 EPS. On average, analysts expect SLB to post $2.48 EPS for the current fiscal year and $3.19 EPS for the next fiscal year.

SLB Stock Performance

Shares of SLB stock opened at $50.06 on Wednesday. The stock has a market cap of $74.30 billion, a PE ratio of 19.33, a P/E/G ratio of 2.70 and a beta of 0.83. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.05 and a current ratio of 1.44. SLB has a 1 year low of $33.12 and a 1 year high of $60.46. The stock has a fifty day moving average price of $52.66 and a 200 day moving average price of $52.13.

SLB Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Wednesday, September 2nd were issued a $0.2950 dividend. This represents a $1.18 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 2nd. SLB’s dividend payout ratio is 57.00%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SLB. JPMorgan Chase & Co. lifted their price objective on SLB from $61.00 to $62.00 and gave the stock an “overweight” rating in a research report on Monday, July 27th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SLB in a report on Tuesday, September 1st. TD Cowen increased their target price on SLB from $62.00 to $64.00 in a report on Wednesday, August 5th. Barclays dropped their price target on SLB from $67.00 to $66.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Finally, Capital One Financial cut their price target on SLB from $64.00 to $63.00 and set an “overweight” rating for the company in a report on Tuesday, August 18th. Twenty-four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, SLB has an average rating of “Moderate Buy” and a consensus price target of $62.27.

SLB Company Profile

SLB, formerly known as Schlumberger, is a global energy technology company that provides products, services and digital solutions to the oil and gas industry. Its offerings support the exploration, development and production of hydrocarbon resources across the life cycle of an oil or gas field.

The company provides reservoir characterization, drilling and well-construction services, well completion and production technologies, and equipment for subsea and surface operations. SLB also develops software, data and automation solutions designed to help energy companies improve operational efficiency, manage reservoirs and reduce emissions.