Recent Updates — SLB
SLB reported third-quarter 2026 revenue of $9.45 billion, a 5% sequential increase and 6% year-on-year growth. GAAP diluted EPS was $0.49, down 6% sequentially and 2% year on year, while adjusted EBITDA rose 9% to $2.07 billion. The company also announced that its Board of Directors approved a quarterly cash dividend of $0.295 per share, payable January 7, 2027, to shareholders of record on December 2, 2026.
SLB operates in the oilfield services and energy technology industry.
On October 5, 2026, the Board of Directors elected Ms. Jing Ulrich as a director, effective immediately. She will serve on the Audit and Finance Committees. Ms. Ulrich previously served as Vice Chairman of Investment Banking at JPMorgan Chase & Co. from 2021 to July 2026. SLB Limited is an energy technology company providing products and services for oil and gas exploration and production.
SLB Limited announced on August 31, 2026, that it has signed an agreement to acquire Kelvion, a global provider of thermal management and heat exchange technologies, from Apollo-managed funds and Triton for approximately $3.4 billion in cash plus the assumption of roughly $0.7 billion in debt. The transaction values Kelvion at approximately 11 times estimated 2026 EBITDA before synergies or 8.5 times including expected annual run-rate synergies, with SLB targeting $120 million in annual EBITDA synergies within three years. Kelvion is projected to generate 2026 revenue of $2.3 billion to $2.4 billion and adjusted EBITDA of $350 million to $400 million. The deal, expected to close in the first half of 2027 subject to regulatory approvals, aims to expand SLB's Data Center Solutions business by adding critical cooling technologies to its modular infrastructure offerings. SLB Limited is a global energy technology company that provides equipment and services for oil and gas exploration, production, and processing.
SLB reported second-quarter 2026 revenue of $8.97 billion, a 5% year-on-year increase, and GAAP net income of $786 million. The company announced a quarterly cash dividend of $0.295 per share, payable on October 8, 2026, to stockholders of record on September 2, 2026. SLB operates in the energy services industry, providing technology and solutions for oil and gas exploration and production.
SLB announced it will host its 2026 Digital Investors Day in New York on June 17, 2026. The event will feature presentations from Chief Executive Officer Olivier Le Peuch and Chief Financial Officer Stephane Biguet. Presentations will be made available on the company's website. SLB is an energy technology company providing services to the oil and gas industry.