SLB Stock Rises on Earnings Beat as Strong Activity Offsets Middle East Disruption

Dow Jones

Jul 24

Shares of SLB rose Friday after the oilfield services company surpassed Wall Street's expectations with its second-quarter earnings as offshore drilling activity offset ongoing weakness in the Middle East.

SLB stock advanced 2.3% to $48.30 in premarket trading on Friday after ending Thursday down nearly 1%. Shares have risen 23% this year.

The company posted adjusted earnings of 55 cents a share, down from 74 cents a year ago but above Wall Street expectations of 51 cents. Revenue grew 5% to $8.97 billion, beating the analyst consensus call for $8.67 billion, according to FactSet.

SLB CEO Oliver Le Peuch said in an earnings release that second-quarter earnings were bolstered by broad sequential revenue growth in international markets which "more than offset the impact of continued disruptions in the Middle East."

The performance was led by offshore drilling activity in Latin America along with Europe, Africa, and Asia. SLB also reported an uptick in demand in the U.S. for production and oil recovery.

Write to Kit Norton at kit.norton@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

July 24, 2026 07:37 ET (11:37 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2653081949"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653081949\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653081949?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 19:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653081949","market":"other","top_or_hot":-1,"title":"SLB Stock Rises on Earnings Beat as Strong Activity Offsets Middle East Disruption","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Shares of SLB rose Friday after the oilfield services company surpassed Wall Street's expectations with its second-quarter earnings as offshore drilling activity offset ongoing weakness in the Middle East. \n</p>\n<p>\n  SLB stock advanced 2.3% to $48.30 in premarket trading on Friday after ending Thursday down nearly 1%. Shares have risen 23% this year. \n</p>\n<p>\n  The company posted adjusted earnings of 55 cents a share, down from 74 cents a year ago but above Wall Street expectations of 51 cents. Revenue grew 5% to $8.97 billion, beating the analyst consensus call for $8.67 billion, according to FactSet. \n</p>\n<p>\n  SLB CEO Oliver Le Peuch said in an earnings release that second-quarter earnings were bolstered by broad sequential revenue growth in international markets which \"more than offset the impact of continued disruptions in the Middle East.\" \n</p>\n<p>\n  The performance was led by offshore drilling activity in Latin America along with Europe, Africa, and Asia. SLB also reported an uptick in demand in the U.S. for production and oil recovery. \n</p>\n<p>\n  Write to Kit Norton at kit.norton@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 24, 2026 07:37 ET (11:37 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SLB Stock Rises on Earnings Beat as Strong Activity Offsets Middle East Disruption</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSLB Stock Rises on Earnings Beat as Strong Activity Offsets Middle East Disruption\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-24 19:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Shares of SLB rose Friday after the oilfield services company surpassed Wall Street's expectations with its second-quarter earnings as offshore drilling activity offset ongoing weakness in the Middle East. \n</p>\n<p>\n  SLB stock advanced 2.3% to $48.30 in premarket trading on Friday after ending Thursday down nearly 1%. Shares have risen 23% this year. \n</p>\n<p>\n  The company posted adjusted earnings of 55 cents a share, down from 74 cents a year ago but above Wall Street expectations of 51 cents. Revenue grew 5% to $8.97 billion, beating the analyst consensus call for $8.67 billion, according to FactSet. \n</p>\n<p>\n  SLB CEO Oliver Le Peuch said in an earnings release that second-quarter earnings were bolstered by broad sequential revenue growth in international markets which \"more than offset the impact of continued disruptions in the Middle East.\" \n</p>\n<p>\n  The performance was led by offshore drilling activity in Latin America along with Europe, Africa, and Asia. SLB also reported an uptick in demand in the U.S. for production and oil recovery. \n</p>\n<p>\n  Write to Kit Norton at kit.norton@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 24, 2026 07:37 ET (11:37 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SLB","symbol_name":"斯伦贝谢","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653081949","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653081949","pubTimestamp":1784893020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of SLB rose Friday after the oilfield services company surpassed Wall Street's expectations with its second-quarter earnings as offshore drilling activity offset ongoing weakness in the Middle ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SLB":"斯伦贝谢"},"translate_title":"由于强劲的活动抵消了中东的干扰，SLB 股价因盈利超出预期而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SLB":1.5},"content_text":"Shares of SLB rose Friday after the oilfield services company surpassed Wall Street's expectations with its second-quarter earnings as offshore drilling activity offset ongoing weakness in the Middle East. \n\n\n  SLB stock advanced 2.3% to $48.30 in premarket trading on Friday after ending Thursday down nearly 1%. Shares have risen 23% this year. \n\n\n  The company posted adjusted earnings of 55 cents a share, down from 74 cents a year ago but above Wall Street expectations of 51 cents. Revenue grew 5% to $8.97 billion, beating the analyst consensus call for $8.67 billion, according to FactSet. \n\n\n  SLB CEO Oliver Le Peuch said in an earnings release that second-quarter earnings were bolstered by broad sequential revenue growth in international markets which \"more than offset the impact of continued disruptions in the Middle East.\" \n\n\n  The performance was led by offshore drilling activity in Latin America along with Europe, Africa, and Asia. SLB also reported an uptick in demand in the U.S. for production and oil recovery. \n\n\n  Write to Kit Norton at kit.norton@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 24, 2026 07:37 ET (11:37 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}