SLB NV (SLB) News & EventsSLBSLB NV

Stock Futures Lower as Oil Prices Climb to $115

Stock futures are lower as markets look to stabilize after a sharp technology-led selloff, while rising oil prices and escalating Middle East tensions keep investors on edge. Investors are increasingly demanding evidence that massive capital investments will translate into sustainable profits, with next week's results from Microsoft, Alphabet and Amazon likely to provide important signals. Telecommunications stocks are also in focus after reports that SpaceX is discussing plans to launch a nationwide wireless carrier.Oil prices are climbing to their highest levels since May, with Brent crude near $115 a barrel and West Texas Intermediate above $101, as uncertainty over efforts to resume U.S.-Iran negotiations raises concerns about further supply disruptions. Treasury yields fell sharply Thursday as investors sought safety amid the equity selloff, with the 10-year yield dropping below 5% for the first time in nearly a month.In pre-market trading, S&P 500 futures fell 0.37%, Nasdaq futures fell 0.19% and Dow futures fell 0.77%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -RingCentralup 15%Robert Halfup 8%Rithm Capitalup 5%GrafTechup 2%SLBup 2%Gorman-Ruppup 1%First Citizensup 1%Booz Allenup 1%DOWN AFTER EARNINGS -Infosysdown 8%Flagstar Bankdown 7%Deckers Outdoorsdown 7%Autolivdown 5%Bloom Energydown 4%VeriSigndown 3%American Expressdown 2%Western Digitaldown 2%

SLB Reports Q3 Operating Cash Flow of $1.51B, Free Cash Flow of $828M

SLB reports Q3 cash flow from operations $1.51B; free cash flow $828M

SLB Reports Q3 Revenue of $9.45B, Beating Expectations

Reports Q3 revenue $9.45B, consensus $9.27B. "SLB delivered solid third-quarter results with all regions growing sequentially - led by a gradual recovery in the Middle East, growth in North America land and broadening international activity in deepwater offshore basins," said SLB Chief Executive Officer Olivier Le Peuch. "In the Middle East, our business grew 13% sequentially despite late-quarter disruptions. Outside the region, growth was supported by higher activity in U.S. land, highlighted by ChampionX achieving its highest quarterly revenue since the acquisition. Strong SLB OneSubsea activity further supported growth with a steady flow of new contract awards in the international markets which increased backlog and enhanced revenue visibility into 2027," Le Peuch said.