SLB

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how oilfield services stocks fared in Q1, starting with SLB (NYSE:SLB). Oilfield services companies provide equipment, technology, and services enabling exploration and production activities, including drilling, completion, well intervention, and reservoir evaluation. Their fortunes closely track upstream capital spending cycles. Tailwinds include increased drilling activity during favorable commodity environments, demand for efficiency-enhancing technologies, and growing offshore and unconventional resource development. Headwinds include significant revenue volatility tied to oil and gas price swings and producer spending discipline. Intense competition pressures pricing and margins, while the energy transition may structurally reduce long-term demand. Workforce availability and technological disruption require continuous adaptation. The 26 oilfield services stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 3.8%. In light of this news, share prices of the companies have held steady as they are up 2.2% on average since the latest earnings results. What began in 1926 with two brothers logging the first electrical measurements in a well, SLB (NYSE:SLB) provides technology and services to help oil and gas companies locate reservoirs, drill wells, and produce hydrocarbons. SLB reported revenues of $8.72 billion, down 6.3% year on year. This print exceeded analysts’ expectations by 1%. Despite the top-line beat, it was still a slower quarter for the company with a miss of analysts’ EBITDA estimates. “It was a challenging start to the year as widespread disruptions in the Middle East impacted our business,” said SLB Chief Executive Officer Olivier Le Peuch. Interestingly, the stock is up 6.4% since reporting and currently trades at $58.25. Read our full report on SLB here, it’s free. Managing over 24 billion barrels of produced water annually across major U.S. shale plays, Select Water Solutions (NYSE:WTTR) provides water sourcing, recycling, disposal, and treatment services for oil and gas producers. Select Water Solutions reported revenues of $366 million, down 2.3% year on year, outperforming analysts’ expectations by 6.8%. The business had an incredible quarter with a beat of anal...

HOUSTON, May 26, 2026--(BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on July 24, 2026, to discuss the results for the second quarter ending June 30, 2026. The conference call is scheduled to begin at 9:30 a.m. U.S. Eastern time and a press release regarding the results will be issued at 7:00 a.m. U.S. Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 715-9871 within North America or +1 (646) 307-1963 outside of North America approximately 10 minutes prior to the start of the call and the access code is 3440360. A webcast of the conference call will be broadcast simultaneously at https://events.q4inc.com/attendee/157027565 on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until July 31, 2026, and can be accessed by dialing +1 (800) 770-2030 within North America or +1 (609) 800-9909 outside of North America and giving the access code 3440360. About SLB SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260526437194/en/ Contacts InvestorsJames R. McDonald – SVP of Investor Relations & Industry AffairsJoy V. Domingo – Director of Investor RelationsSLBTel: +1 (713) [email protected] MediaJosh Byerly – SVP of CommunicationsMoira Duff – Director of External CommunicationsSLBTel: +1 (713) [email protected]

What a time it’s been for SLB. In the past six months alone, the company’s stock price has increased by a massive 53.6%, reaching $55.78 per share. This performance may have investors wondering how to approach the situation. Is now the time to buy SLB, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it’s free. We’re happy investors have made money, but we're swiping left on SLB for now. Here is one reason why SLB doesn't excite us and a stock we'd rather own. While energy gross margins can be distorted by commodity prices, hedging, and short-term cost swings, sustained margins across a full cycle reflect a producer’s underlying asset quality, infrastructure position, and cost structure. SLB, which averaged 21.5% gross margin over the last five years, exhibiting bottom-tier unit economics in the sector. It means the company will struggle at higher commodity prices than peers with better gross margins. SLB isn’t a terrible business, but it doesn’t pass our bar. Following the recent rally, the stock trades at 19.8× forward P/E (or $55.78 per share). Beauty is in the eye of the beholder, but we don’t really see a big opportunity at the moment. We're fairly confident there are better investments elsewhere. We’d recommend looking at the Amazon and PayPal of Latin America. WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best stocks don't just beat the market once. They do it again. And again. Robust revenue growth, rising free cash flow, returns on capital that leave their competition in the dust. The market has already rewarded these businesses. But our AI platform says the party isn't over. Find out which 9 stocks made the cut this week - FREE. Get Our Top 9 Market-Beating Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.

Oilfield services and equipment stocks delivered strong Q1 results, mainly driven by stable North Am

AerCap Holdings N.V. (NYSE:AER) is one of the 10 Best European Stocks That Beat Earnings Estimates to Buy. On April 30, 2026, TD Cowen analyst Moshe Orenbuch raised the price target on AerCap Holdings N.V. (NYSE:AER) to $175 from $170 and maintained a Buy rating, citing a broad-based Q1 beat driven by higher gains on sale. The firm also noted that 2026 EPS guidance was raised to $14.50. Susquehanna analyst Christopher Stathoulopoulos lifted the price target to $170 from $165 with a Positive rating, saying a higher-for-longer fuel environment could pressure airline margins but pointing to AerCap’s portfolio management, aircraft supply constraints, and SLB opportunities as supportive of future lease revenue, with secondary market volatility continuing to support gains on sale. Truist also raised its price target to $161 from $159 and kept a Buy rating following the earnings beat, noting strong sales gains reflect supply-demand imbalance and highlight the resilience of aircraft leasing despite pressures such as higher oil prices. Pixabay/Public Domain AerCap Holdings N.V. (NYSE:AER) reported Q1 adjusted EPS of $5.39 versus $3.71 consensus and book value per share of $116.67 as of March 31, up about 20% year over year. CEO Aengus Kelly said the company delivered a “record quarter,” with strong demand for aviation assets, 286 transactions completed, and an 87% lease extension rate, while raising 2026 adjusted EPS guidance to $14.50 and announcing a $1.0B share repurchase program. AerCap Holdings N.V. (NYSE:AER) leases, finances, and manages commercial aircraft globally. While we acknowledge the potential of AER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.

Rockwell Automation clears Q2 estimates, hikes outlook as demand for warehouses, semiconductors, data centers improves.

Core Laboratories Inc. CLB reported first-quarter 2026 adjusted earnings of 6 cents per share, which were in line with the Zacks Consensus Estimate. However, the bottom line decreased from the year-ago quarter’s reported figure of 8 cents due to the underperformance of both Reservoir Description and Production Enhancement segments. This oilfield service provider reported first-quarter operating revenues of $121.8 million, missing the Zacks Consensus Estimate of $123 million and decreasing from the earlier-year quarter’s reported figure of $124 million. This can be attributed to the closure of many client offices in the Middle East that resulted in project delays and the suspension of hydrocarbon production. Core Laboratories Inc. price-consensus-eps-surprise-chart | Core Laboratories Inc. Quote During the first quarter, the company repurchased 51,781shares of common stock for a total of $0.9 million. CLB’s debt leverage ratio was at 1.20 and net debt increased by $3.9 million. Reservoir Description: Revenues in this segment increased 1.3% from the year-ago quarter to $81.9 million. Moreover, the top line beat our estimation of $81 million. Operating income decreased from $2.3 million in the year-ago period to $1.1 million and missed our estimate of $14.5 million, caused by two primary factors: the conflict in the Middle East and severe weather events across North America and the Mediterranean region, which also disrupted client operations and the demand for laboratory services in the quarter. Production Enhancement: This segment’s revenues decreased 6.6% to $39.9 million from $42.7 million in the prior-year quarter. Moreover, the top line missed our estimate of $42.05 million. Operating income decreased from $1.5 million in the year-ago period to $0.8 million. Moreover, the operating income from this segment missed our estimate of $3.7 million. The underperformance in the Production Enhancement segment can be attributed to low U.S. land drilling and completion activity and the Middle East conflict that disrupted and delayed product shipments into the region. CLB reported total costs and expenses of $119.9 million in the first quarter, increasing by 0.6% from the year-ago quarter’s level of $119.2 million. Our estimation for the metric was $115.9 million. As of March 31, 2026, the company had cash and cash equivalents of $22.8 million and long-term debt of $1...

This article first appeared on GuruFocus. Revenue: $8.7 billion, increased 3% year on year. Earnings Per Share (EPS): $0.52, excluding charges and credits, decreased by $0.20 compared to the first quarter of last year. Adjusted EBITDA Margin: 20.3%, down 346 basis points year on year. Digital Revenue: $640 million, increased 9% year on year. Production Systems Revenue: $3.5 billion, increased 23% year on year. Net Debt: Increased by $797 million to $8.2 billion. Cash Flow from Operations: $487 million. Free Cash Flow: Slightly negative at $23 million. Capital Investments: $510 million in the first quarter. Stock Repurchase: $451 million during the quarter. Warning! GuruFocus has detected 7 Warning Sign with UVE. Is SLB fairly valued? Test your thesis with our free DCF calculator. Release Date: April 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. SLB Ltd (NYSE:SLB) reported a 23% year-on-year revenue increase in Production Systems, driven by the acquisition of ChampionX, which continues to deliver accretive growth. Digital revenue increased by 9% year on year, with a notable 145% increase in automated footage drilled, reflecting strong adoption of digital and AI-powered solutions. Data Center solutions experienced a 45% growth year on year, with SLB Ltd (NYSE:SLB) serving as the modular design partner for NVIDIA DSX AI factories. SLB Ltd (NYSE:SLB) anticipates a constructive macro environment for upstream investment, driven by efforts to restore production capacity and diversify supply. The company is well-positioned to benefit from increased investment in production and recovery technologies, digital solutions, and data centers, aligning with long-term industry trends. First-quarter revenue and earnings were negatively impacted by severe disruptions in the Middle East, particularly in Qatar and Iraq, due to operational shutdowns and security conditions. Unfavorable activity mix and higher costs, especially in OneSubsea, further weighed on the quarter's performance. Reservoir Performance and Well Construction divisions saw declines due to the impact of the Middle East conflict. Company-wide adjusted EBITDA margin for the first quarter was down 346 basis points year on year, affected by high decrementals on Middle East revenue impact. SLB Ltd (NYSE:SLB) faced increased logistics and materials costs...

SLB SLB reported first-quarter 2026 earnings of 52 cents per share (excluding charges and credits), which beat the Zacks Consensus Estimate of 51 cents by 1.96%. The bottom line declined 28% from 72 cents in the year-ago quarter. The oilfield services giant recorded total quarterly revenues of $8.72 billion, which topped the Zacks Consensus Estimate of $8.63 billion. The top line increased from the year-ago quarter’s figure of $8.49 billion. The better-than-expected quarterly results were primarily driven by revenue increases in the Digital segment and contributions from the ChampionX acquisition. However, operational disruptions due to the Middle East conflict affected the Reservoir Performance and the Well Construction segments. SLB Limited price-consensus-eps-surprise-chart | SLB Limited Quote Revenues in the Digital unit totaled $640 million, up 9% from the year-ago quarter’s level of $587 million. Pre-tax operating income of $134 million increased from $125 million a year ago. The unit's revenues increased year over year, primarily driven by an 87% rise in Digital Operations and 2% growth in Platforms & Applications. Growth was partially offset by decreases in the Digital Exploration and Professional Services segment. Revenues in the Reservoir Performance unit decreased 6% year over year to $1.59 billion. Pre-tax operating income totaled $257 million, which declined 9% year over year. The figure beat the Zacks Consensus Estimate of $218 million. The decline can be primarily attributed to reduced stimulation and interventional activity due to the Middle East conflict. The Well Construction segment’s revenues fell 6% from the year-earlier quarter’s level to $2.8 billion. Pre-tax operating income declined 28% to $424 million, while the Zacks Consensus Estimate was pegged at $366 million. The segment was primarily affected by the disruptions associated with the Middle East conflict, partially mitigated by increased offshore drilling in Europe & Africa, North America and Latin America. Revenues in the Production Systems segment amounted to $3.51 billion, up from $2.84 billion a year ago. Pre-tax operating income improved 6% year over year to $497 million but missed the Zacks Consensus Estimate of $563 million. The segment benefited from the acquired ChampionX production chemicals and artificial lift businesses. SLB reported a negative free cash flow of $23 m...

SLB (SLB) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +1.31%. A quarter ago, it was expected that this world's largest oilfield services company would post earnings of $0.74 per share when it actually produced earnings of $0.78, delivering a surprise of +5.41%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. SLB, which belongs to the Zacks Technology Services industry, posted revenues of $8.72 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.09%. This compares to year-ago revenues of $8.49 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. SLB shares have added about 42.6% since the beginning of the year versus the S&P 500's gain of 3.8%. While SLB has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for SLB was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here....

Pre-market futures are off their early morning highs, but still mostly in positive territory. Cease-fire talks look promising, as Iran reportedly is sending negotiators to Pakistan and plans are for an Israel-Lebanon summit in the U.S. But the Strait of Hormuz remains closed, and even though Q1 earnings continue to come in strong, there remain plenty of question marks on the horizon. The Nasdaq is by far the outperformer among major indexes at this hour, +315 points or +1.17%, partly on strong Q1 numbers from Intel INTC yesterday after the close. The S&P 500 is +22 points, +0.31% and the small-cap Russell 2000 is +10, +0.37%. Only the blue-chip Dow is in the red currently: -70 points, -0.14%, largely on IBM’s IBM reported struggles in the software space in its earnings results yesterday. Procter & Gamble PG surpassed expectations on both top and bottom lines in its fiscal Q3 report this morning. Earnings of $1.59 per share beat the Zacks consensus by 3 cents, while revenues of $21.24 billion in the quarter outpaced estimates by +3.5%, and nicely ahead of the $19.78 billion reported in the year-ago quarter. Oilfield services major SLB SLB, formerly Schlumberger, beat estimates on its bottom line by a penny, and revenues of $8.32 billion were ahead of projections by +1.1%. But the high valuation of the stock (+42.6% year to date) is playing a factor in the stock’s -3.6% selloff ahead of the open. At 10am ET, the final print for U.S. Consumer Sentiment from the University of Michigan comes out. This highly respected metric saw an -11% drop month over month in the earlier release, to a record-low 47.6. Expectations are for this to bump up a percentage point or so, but still in relatively weak territory. Business conditions dropped -20% in the last report, while inflation expectations jumped +100 basis points (bps) to +4.8%. We look for these figures to moderate somewhat, as well, but the early stages of the Iran war were fraught with negative sentiment. We don’t expect revisions to completely erase this narrative. Q1 earnings season accelerates further next week, featuring results from Alphabet GOOGL, Amazon AMZN, Meta Platforms META and Microsoft MSFT, among many others — and these all on Tuesday afternoon. We’ll also see housing data from Case-Shiller and Housing Starts and Building Permits, along with a new Trade Balance and Leading Economic Indicators (LEI)....

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively trad