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SLB Beats Estimates on North America and Middle East

SLB posted a stronger than expected third-quarter profit driven by resilient oilfield activity in North America and a recovery in the Middle East. Revenue reached nine billion four hundred fifty million dollars. The company also reported growth in its digital and data center solutions.

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The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS

SLB LTD reported third-quarter profit that beat Wall Street estimates on Friday, driven by resilient North American drilling and a rebound in the Middle East. Total revenue reached $9.45B, topping the $9.28B estimate.
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