SLB Limited (SLB)

Over the past six months, SLB's stock has demonstrated strong performance, outperforming the broader market. As of early February 2026, the stock was up 13.48% over the past 30 days and 21.32% over the past 12 months. Year-to-date in 2026, SLB had surged 29.2%. This performance was significantly boosted by stronger-than-expected financial results. The successful integration of the ChampionX acquisition and strategic positioning to benefit from potential growth in regions like Venezuela have further lifted investor confidence. Analysts generally hold a "Strong Buy" consensus rating for SLB.

SLB anticipates demand impacted by seasonality and a decline in digital sales through March, followed by an activity rebound in the second quarter and further acceleration of growth in the second half of the year, particularly in international markets. In 2025, demand softened due to an oversupply in oil markets and tariff announcements. The company's focus on production optimization, recovery, and digital efficiency, along with rising demand for intervention services, indicates a strategic shift towards more resilient demand segments.

SLB N.V., formerly Schlumberger Limited, is a global oilfield services company providing technology and services to the energy industry. It operates in the oilfield services and equipment suppliers industry, offering technology, drilling, evaluation, well-construction, and production systems. SLB is also involved in carbon management and developing new energy systems like carbon solutions, hydrogen, geothermal, energy storage, and critical minerals. The company is headquartered in Houston, Texas, with executive offices in Paris, London, and The Hague.

SLB has a significant global presence, operating in over 100 countries. It has a long history in regions like Saudi Arabia, Kuwait, and the UAE. In Central and South America, SLB operates in 12 countries, including Mexico since 1936. The company is also driving digital innovation in Brazil and leading CCUS and EOR efforts in Trinidad and Tobago.

SLB rebranded in 2022, changing its name from Schlumberger to SLB, emphasizing its focus as a technology company driving energy innovation. This rebrand highlights the company's commitment to delivering solutions in new energy systems, industrial decarbonization, and digital at scale. While known for innovation and expansion through acquisitions, it has faced past legal challenges.

SLB N.V. has a substantial institutional ownership base, with 2248 institutional owners and shareholders holding a total of 1,431,778,277 shares. The top 10 institutional investors collectively own 45% of SLB N.V., with the top three holding approximately 24% of the company. Overall, institutional investors own about 77% of SLB N.V.'s shares, while retail investors and insiders own approximately 23%.