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SLB is ready to expand its operations in Venezuela, contingent on obtaining necessary licenses and compliance measures. The company has received numerous inquiries from clients following discussions with the White House about potential investments after the recent political changes in Venezuela. SLB is currently the only international service company operating in the country, while Halliburton also aims to re-enter once legal and commercial terms are established. Chevron remains the only U.S. oil major producing crude in Venezuela, with significant joint ventures in place.
SLB CEO says expects deepwater oilfield service activity to inflect toward the end of 2026
Slb says 2026 international markets revenue is expected to trend upward over the year, resulting in a slight year-over-year increase
SLB N.V. reported its earnings for Q4 and the full year ending December 31, 2025. Q4 sales reached USD 9,745 million, up from USD 9,284 million year-over-year, but net income fell to USD 824 million from USD 1,095 million. Diluted EPS from continuing operations was USD 0.55, down from USD 0.77. For the full year, sales were USD 35,708 million, down from USD 36,289 million, with net income at USD 3,374 million compared to USD 4,461 million. Diluted EPS for the year was USD 2.35, down from USD 3.11.
Earnings Flash (SLB) SLB Reports Q4 Revenue $9.75B, vs. FactSet Est of $9.55B
