SLB Ltd

SLB: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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SLB Earnings: Parts in Motion Following Acquisition, but Results as Expected With Puts and Takes

Joshua Aguilar

Oct 17, 2025

Following the July 16, 2025, completed acquisition of ChampionX, SLB reported fully integrated revenue of $8.9 billion and adjusted EBITDA of $2.1 billion. Production systems revenue grew 14% year on year, helped by ChampionX, though digital grew a meager 3% year on year. The stock declined 2%.

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SLB Ltd

SLB Earnings: Parts in Motion Following Acquisition, but Results as Expected With Puts and Takes

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