Sign in Subscribe

slb

SLB's Margin Problem and Liberty's $505 Million Power Bet: OFS Repricing at $95 WTI

SLB's Margin Problem and Liberty's $505 Million Power Bet: OFS Repricing at $95 WTI

SLB's Q1 margin compression hit 346 basis points year-over-year, mostly masked by ChampionX. Liberty Energy committed $505 million to Bergen Engines for data center power generation. Two different answers to the same OFS pricing problem at $95 WTI.

SLB Q1 2026: Middle East Bleeds the Legacy Business While ChampionX and Digital Hold the P&L Together

SLB Q1 2026: Middle East Bleeds the Legacy Business While ChampionX and Digital Hold the P&L Together

SLB | NYSE | Source data: Q1 2026 earnings release, 8-K filed April 24, 2026 (SEC accession 0001193125-26-174940), prior 10-Q/10-K filings. WTI/Henry Hub quarterly context per FRED daily price series. Executive Summary SLB entered 2026 as a structurally different company than it was twelve months

The Services Trifecta Closes: SLB Confirms What BKR and HAL Already Said

The Services Trifecta Closes: SLB Confirms What BKR and HAL Already Said

SLB's Q1 2026 results, filed Friday morning, closed the loop on the week's defining earnings narrative. Three of the world's largest oilfield services companies have now reported the same quarter, and the pattern across all three is impossible to dismiss. SLB reported Q1 revenue