SLB's Q1 2026: Resilient Despite Middle East Disruptions

SLBs Q1 2026 earnings exceeded expectations, with revenue at $8.72 billion, down 6.3% from last year, and EPS at $0.52, meeting targets. Adjusted EBITDA surged by 6.9% to $1.96 billion. Despite Middle East disruptions, operating margins dipped slightly to 13.5%, while free cash flow remained steady at 1.7%. Over the past five years, SLB has shown robust growth and resilience, with EBITDA margins averaging 23% and free cash flow proving stable against oil price fluctuations. This quarters free cash flow matched last year but fell short of the five-year average, causing shares to drop 3.3%. Despite a challenging start, SLBs long-term cash generation and adaptability position it well in the energy sector. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/18220773c33f9200