Schlumberger (SLB) Watchlist

tz-plus logo SLB Increases Revenue Thanks to Recovery in the Middle East and Booming Data Center Business!

L. Kulikov
Reading Time: 3 minutes

The oilfield service provider SLB reports increasing revenues for the third quarter, driven by a recovery in the Middle East and a rapidly growing business in data centers. Revenue exceeds expectations. CEO Olivier Le Peuch is optimistic for 2027. Results above expectations SLB reports third-quarter revenue of $9.45 billion, an increase of 5.8%, above the expected $9.27 billion. The adjusted earnings per share reach 64 cents, surpassing the analyst estimate of 62 cents. Regionally, North America was a strong support, where revenue jumped 24%...

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