SLB Expects Fourth-Quarter Revenue of About $10 Billion, Up 5%-7% Sequentially

Bitget2026/10/23 14:41

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SLB expects fourth-quarter 2026 revenue of approximately $10 billion, up 5%–7% sequentially, supported by deepwater activity and seasonal sales strength.
Adjusted EBITDA margin is forecast to expand 100–150 basis points sequentially from 21.9% in the third quarter.
The outlook assumes Middle East revenue stays flat sequentially at approximately $1.9 billion amid heightened regional tensions.
For 2027, global oilfield services and equipment activity is projected to grow mid-single digits, assuming stable Middle East activity without material conflict escalation.
Core divisions are expected to outperform that market growth, supported by offshore development, renewed exploration and production investments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SLB Expects Fourth-Quarter Revenue of About $10 Billion, Up 5%-7% Sequentially

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