Brief: Slb Expects Q4 2026 Adjusted EBITDA Margin To Be In Line With Q4 2025 -Conf Call

SLB

24/07/2026 16:21

July 24 (Reuters) - Slb NV SLB.N:
SLB CEO SAYS ACTIVITY RESUMED IN SEVERAL COUNTRIES IN THE MIDDLE EAST IN Q2 BUT OPERATIONS IN IRAQ REMAINED CONSTRAINED -CONF CALL
SLB SAYS IT TOOK SOME TEMPORARY COST ACTIONS TO ALLEVIATE IMPACT OF IRAN WAR IN Q2 -CONF CALL
SLB SAYS IMPACT OF IRAN WAR ON Q2 EPS WAS ON THE LOWER END OF ITS PREVIOUS GUIDANCE OF 6-8 CENTS PER SHARE -CONF CALL
SLB EXPECTS 2H26 FREE CASH FLOW TO BE MATERIALLY HIGHER THAN THE FIRST HALF OF THE YEAR-CONF CALL
SLB EXPECTS GLOBAL REVENUE TO GROW BETWEEN 3%-4% SEQUENTIALLY IN Q3 WITH MIDDLE EAST REVENUE RECOVERING GRADUALLY UNDER BASE CASE SCENARIO
SLB SAYS FREQUENCY OF ENGAGING WITH CUSTOMERS IN THE MIDDLE EAST HAS BEEN INCREASING IN RECENT WEEKS -CONF CALL
SLB EXPECTS A RANGE-BOUND COMMODITY ENVIRONMENT THAT IS CONSTRUCTIVE OF UPSTREAM INVESTMENT -CONF CALL
SLB SEES HIGHER EXPLORATION SPENDING AND UPSTREAM CAPEX IN 2H26, LED BY AFRICA -CONF CALL
SLB SAYS CAN EXPECT MORE AWARDS OVER THE COMING WEEKS AND MONTHS THAT WOULD SOLIDIFY CO'S MARKET POSITION IN THE MIDDLE EAST -CONF CALL
SLB SAYS IT IS SECURING CONTRACTS AND ADDITIONAL WORK BEYOND WHAT IT ALREADY HAD IN THE LAST TWO YEARS IN VENEZUELA -CONF CALL
SLB EXPECTS Q3 REVENUE IN CORE DIVISIONS TO GROW BY LOW SINGLE DIGITS ON A SEQUENTIAL BASIS -CONF CALL
SLB SAYS IF THERE IS SIGNIFICANT ESCALATION IN THE CONFLICT, Q3 MIDDLE EAST REVENUE WILL BE $150 MILLION LOWER THAN BASE CASE -CONF CALL
SLB EXPECTS Q4 REVENUE TO SURPASS $10 BILLION, REPRESENTING 5% YOY GROWTH -CONF CALL
SLB EXPECTS Q4 2026 ADJUSTED EBITDA MARGIN TO BE IN LINE WITH Q4 2025 -CONF CALL

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