SLB's third-quarter revenue climbed 6% to $9.45 billion, while net income attributable to SLB edged down 1%, giving the oilfield services company a mixed result in its latest report.
The earnings release was attached to SLB's Oct. 23 Form 8-K filing with the Securities and Exchange Commission. Net income attributable to SLB was $735 million, compared with $739 million a year earlier. Consolidated net income rose to $780 million from $774 million. GAAP diluted earnings per share declined to $0.49 from $0.50.
North American revenue increased 24% to $2.40 billion. International revenue rose 1% to $6.99 billion.
ChampionX contributed $956 million in the quarter, up from $579 million a year earlier, when results included two months of its contribution. On a comparable basis excluding the acquisition’s impact, revenue increased 2%, led by a 13% gain in North America while international revenue was unchanged.
Diluted EPS was $0.64 after excluding charges and credits, down 7% from the year-earlier quarter. SLB classifies the measure as non-GAAP.
The Oct. 22 authorization sets a $0.295-per-share dividend payment for Jan. 7, 2027, to shareholders on the Dec. 2 record date.
