SLB (NYSE:SLB) Issues Quarterly Earnings Results, Misses Expectations By $0.08 EPS

SLB (NYSE:SLB) announced its quarterly earnings results on Friday. The oil and gas company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.08), FiscalAI reports. SLB had a net margin of 9.45% and a return on equity of 17.45%. During the same period last year, the company earned $0.72 earnings per share. The business’s quarterly revenue was up 2.7% on a year-over-year basis.

SLB Stock Performance

NYSE SLB traded up $1.23 during trading hours on Friday, reaching $55.97. The company’s stock had a trading volume of 12,509,130 shares, compared to its average volume of 19,808,656. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.36. The business has a 50-day simple moving average of $50.15 and a 200 day simple moving average of $43.51. SLB has a 52 week low of $31.64 and a 52 week high of $56.27. The stock has a market cap of $84.10 billion, a PE ratio of 23.56, a PEG ratio of 3.73 and a beta of 0.69.

Analyst Ratings Changes

Several brokerages have recently weighed in on SLB. Susquehanna raised their target price on SLB from $56.00 to $60.00 and gave the company a “positive” rating in a research note on Tuesday, April 7th. BMO Capital Markets raised their target price on SLB from $53.00 to $55.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Evercore set a $54.00 target price on SLB and gave the company an “outperform” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. raised their target price on SLB from $43.00 to $54.00 and gave the company an “overweight” rating in a research note on Monday, January 26th. Finally, Jefferies Financial Group raised their target price on SLB from $51.00 to $58.00 and gave the company a “buy” rating in a research note on Sunday, February 1st. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $54.27.

Trending Headlines about SLB

Here are the key news stories impacting SLB this week:

• Positive Sentiment: SLB is expanding its digital footprint via a partnership in Bahrain to deploy physics-informed AI for real‑time production optimization, which could deepen customer ties and recurring software/service revenue. AI Partnership
• Positive Sentiment: Reports say SLB is a likely bidder for S&P Global’s subsurface oil software business — a strategic move that would strengthen SLB’s software/subsurface portfolio and long‑term margins if completed. Acquisition Report
• Neutral Sentiment: Company‑reported Q1 results: EPS $0.52 and revenue $8.72B (up ~2.7% YoY, down sequentially). That EPS beat Zacks’ $0.51 estimate but sat below some sell‑side consensus — creating mixed signals for near‑term sentiment. Zacks Q1
• Neutral Sentiment: SLB published its first‑quarter release with detailed figures (revenue, margins, GAAP net income), useful for modeling but not changing guidance materially. Press Release
• Neutral Sentiment: SLB filed an 8‑K describing its regulatory approach and provided investor information; procedural transparency but limited immediate market impact. 8‑K Disclosure
• Negative Sentiment: Major outlets report Q1 profit declined and management warned of a “challenging start” as the war in Iran disrupted operations and demand in a key oil‑producing region — a near‑term headwind to activity and revenue visibility. WSJ: Iran Disruptions
• Negative Sentiment: Coverage notes the stock dropped after earnings as markets focused on the profit decline and Middle East uncertainty; operational disruptions remain the key downside risk for near‑term organic growth. Reuters: Profit Falls

Insider Activity at SLB

In other news, insider Dianne B. Ralston sold 18,617 shares of SLB stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $49.50, for a total transaction of $921,541.50. Following the sale, the insider owned 224,097 shares of the company’s stock, valued at approximately $11,092,801.50. The trade was a 7.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Abdellah Merad sold 60,000 shares of SLB stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $49.70, for a total value of $2,982,000.00. Following the sale, the executive vice president directly owned 140,602 shares in the company, valued at approximately $6,987,919.40. This trade represents a 29.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 156,902 shares of company stock valued at $7,796,666. Company insiders own 0.16% of the company’s stock.

Institutional Investors Weigh In On SLB

A number of hedge funds have recently made changes to their positions in SLB. Bison Wealth LLC bought a new stake in SLB during the fourth quarter worth approximately $238,000. Brighton Jones LLC raised its holdings in SLB by 21.4% during the fourth quarter. Brighton Jones LLC now owns 6,611 shares of the oil and gas company’s stock worth $253,000 after purchasing an additional 1,166 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in SLB during the fourth quarter worth approximately $190,000. Headlands Technologies LLC bought a new stake in SLB during the second quarter worth approximately $182,000. Finally, Virtus Investment Advisers LLC bought a new stake in SLB during the fourth quarter worth approximately $163,000. Institutional investors own 81.99% of the company’s stock.

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.