SLB Stock Q3 Beat, $4B Buybacks & Oil Swoon: Will Schlumberger (SLB) Rebound?
SLB N.V. shares traded near $33 on Oct. 17, 2025, down over 20% from a year ago despite beating Q3 earnings estimates with $0.69 EPS and $8.93 billion revenue. The company closed a $7.7 billion merger with ChampionX in July, adding $595 million to Q3 revenue. Oil prices fell to $61 Brent, pressuring international revenue, which dropped 7% year-over-year. SLB plans at least $4 billion in shareholder payouts for 2025.