These Analysts Cut Their Forecasts On SLB Following Q2 Results

Schlumberger N.V. (NYSE:SLB) reported better-than-expected second-quarter 2025 results on Friday.

Revenue fell 6% year over year to $8.55 billion, topping the consensus estimate of $8.47 billion. Adjusted earnings per share declined 13% to 74 cents, which aligns with analyst expectations.

“Looking ahead, assuming commodity prices stay range bound, we remain constructive for the second half of the year. This is supported by our position in key markets, the depth of our diversified portfolio, and our increased exposure to the growing production and recovery market through the acquisition of ChampionX. We will also continue to manage costs in line ...