SLB (SLB) to Release Quarterly Earnings on Friday

SLB (NYSE:SLB) will likely be issuing its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect SLB to announce earnings of $0.5110 per share and revenue of $8.6672 billion for the quarter. Investors can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 24, 2026 at 9:30 AM ET.

SLB (NYSE:SLB) last issued its earnings results on Saturday, April 25th. The oil and gas company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.51 by $0.01. SLB had a return on equity of 15.54% and a net margin of 9.26%.The business had revenue of $8.72 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter last year, the firm posted $0.72 earnings per share. SLB’s revenue was up 2.7% compared to the same quarter last year. On average, analysts expect SLB to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

SLB Stock Performance

Shares of SLB stock opened at $47.72 on Thursday. The company has a market capitalization of $71.34 billion, a price-to-earnings ratio of 20.84, a P/E/G ratio of 1.88 and a beta of 0.72. SLB has a 1-year low of $31.64 and a 1-year high of $58.82. The company has a current ratio of 1.34, a quick ratio of 0.98 and a debt-to-equity ratio of 0.35. The stock’s fifty day simple moving average is $51.39 and its 200-day simple moving average is $50.49.

Insider Buying and Selling

In related news, EVP Steve Matthew Gassen sold 53,379 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $56.18, for a total transaction of $2,998,832.22. Following the transaction, the executive vice president owned 47,421 shares of the company’s stock, valued at approximately $2,664,111.78. This trade represents a 52.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director La Chevardiere Patrick De sold 2,000 shares of SLB stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $54.33, for a total transaction of $108,660.00. Following the completion of the sale, the director owned 16,953 shares of the company’s stock, valued at $921,056.49. This trade represents a 10.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.16% of the company’s stock.

Institutional Investors Weigh In On SLB

Several institutional investors and hedge funds have recently modified their holdings of SLB. Wilkerson Advisory Group LLC acquired a new position in SLB during the fourth quarter worth $36,000. Swiss RE Ltd. acquired a new stake in shares of SLB in the fourth quarter worth about $45,000. Palisade Asset Management LLC acquired a new stake in shares of SLB in the third quarter worth about $46,000. Wealth Watch Advisors INC bought a new stake in shares of SLB during the 3rd quarter worth about $48,000. Finally, Kelleher Financial Advisors bought a new stake in shares of SLB during the 3rd quarter worth about $68,000. Institutional investors and hedge funds own 81.99% of the company’s stock.

Analyst Ratings Changes

SLB has been the subject of a number of research reports. BMO Capital Markets raised their price objective on SLB from $55.00 to $63.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. Wolfe Research started coverage on SLB in a report on Wednesday, July 8th. They issued an “outperform” rating and a $62.00 target price on the stock. Susquehanna reduced their price target on shares of SLB from $65.00 to $55.00 and set a “positive” rating for the company in a research report on Wednesday, July 8th. Citigroup decreased their price target on shares of SLB from $68.00 to $63.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Finally, Sanford C. Bernstein boosted their price objective on shares of SLB from $56.10 to $71.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $60.30.

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.