SLB (SLB) to Release Quarterly Earnings on Friday

SLB (NYSE:SLB) will likely be releasing its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect the company to post earnings of $0.51 per share and revenue of $8.6653 billion for the quarter. Parties can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, July 24, 2026 at 9:30 AM ET.

SLB (NYSE:SLB) last released its earnings results on Saturday, April 25th. The oil and gas company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $8.76 billion. During the same quarter in the previous year, the company posted $0.72 earnings per share. The company’s revenue for the quarter 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 Price Performance

SLB stock opened at $46.62 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.34 and a quick ratio of 0.98. The business has a 50 day simple moving average of $51.54 and a 200-day simple moving average of $50.42. SLB has a 12 month low of $31.64 and a 12 month high of $58.82. The stock has a market capitalization of $69.70 billion, a PE ratio of 20.36, a price-to-earnings-growth ratio of 1.87 and a beta of 0.72.

SLB Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, June 3rd were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, June 3rd. SLB’s payout ratio is currently 51.53%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on SLB shares. Barclays lowered their target price on shares of SLB from $66.00 to $64.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. BMO Capital Markets raised their price objective on shares of SLB from $55.00 to $63.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Stifel Nicolaus lifted their price objective on SLB from $61.00 to $64.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Morgan Stanley reiterated an “overweight” rating and set a $54.00 target price on shares of SLB in a research report on Wednesday, July 15th. Finally, Piper Sandler increased their target price on SLB from $53.00 to $59.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given 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.

Insider Activity

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

Institutional Investors Weigh In On SLB

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp grew its stake in SLB by 1.0% in the 4th quarter. State Street Corp now owns 84,417,217 shares of the oil and gas company’s stock worth $3,263,998,000 after acquiring an additional 799,218 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of SLB by 2.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 54,006,438 shares of the oil and gas company’s stock worth $2,072,844,000 after purchasing an additional 1,458,650 shares during the last quarter. Morgan Stanley grew its position in shares of SLB by 1.3% in the fourth quarter. Morgan Stanley now owns 37,095,243 shares of the oil and gas company’s stock valued at $1,423,716,000 after purchasing an additional 482,533 shares during the period. Wellington Management Group LLP increased its stake in SLB by 50.6% in the fourth quarter. Wellington Management Group LLP now owns 16,635,566 shares of the oil and gas company’s stock valued at $638,473,000 after purchasing an additional 5,589,585 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in SLB by 2.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 15,732,530 shares of the oil and gas company’s stock worth $603,831,000 after buying an additional 366,183 shares during the last quarter. 81.99% of the stock is currently owned by hedge funds and other institutional investors.

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.