SLB releases transcript of Q2 2026 earnings call

Reuters2026/07/24 14:28

By:Reuters

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SLB published prepared remarks from its second-quarter 2026 earnings call hosted from London, attended by CEO Olivier Le Peuch and CFO Stephane Biguet.
Second-quarter revenue totaled USD 9 billion, up 3% sequentially, despite Middle East revenue falling 13% to USD 1.66 billion.
Third-quarter base case targets 3%-4% sequential revenue growth, about 75 basis points of adjusted EBITDA margin expansion, assuming gradual Middle East recovery.
Downside scenario models flat Middle East revenue, cutting third-quarter revenue by about USD 150 million, creating about a USD 75 million adjusted EBITDA headwind.
Data Center Solutions revenue rose 33% sequentially; management expects it to exit 2027 above a USD 2 billion annualized revenue run rate.

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 July 24, 2026, and is solely responsible for the information contained therein.

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SLB releases transcript of Q2 2026 earnings call

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