Tag: $SLB

Texas-based company has signed new contracts and recruited hundreds of staff despite the war in Ukraine

Top oilfield service firms SLB  and Halliburton posted higher quarterly profits on Friday, helped by demand from international customers for their drilling equipment and services.

SLB 0.26% revenue in the first quarter beat Wall Street estimates, getting a boost from strength in the oil-services company’s international segment.

Top oilfield services company SLB said on Tuesday it will buy smaller rival ChampionX in an all-stock deal valued at $7.75 billion, amid growing consolidation in the North American energy sector.

Shares of SLB were trading higher after the oil services provider formerly known as Schlumberger topped earnings estimates and raised its quarterly dividend.

SLB -1.02%, the oil services provider formerly known as Schlumberger, was falling early Friday after it produced a third-quarter miss on revenue.

Shares of SLB SLB –0.17% dropped in early Friday after second-quarter revenue at the oil-field services company formerly known as Schlumberger came in below expectations.