Schlumberger NV
- Exchange
- US
- Country
- USA
- IPO date
- Dec 31, 1981
- Employees
- 109,000
- Website
- www.slb.com
Composite valuation range · conservative $32–$40 / fair $43–$50 / optimistic $56–$62. At $51.53, Between the fair and optimistic ranges.
At publication $57.28 (May 26, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. SLB N.V. was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. The company was founded in 1926 and is based in Houston, Texas.
History
SLB (formerly Schlumberger) was founded in 1926 and is based in Houston, Texas, and listed via an IPO dated December 31, 1981. The company was formerly known as Schlumberger Limited and changed its name to SLB N.V. in October 2025. In July 2025 it completed the all-stock acquisition of ChampionX, folding ChampionX's digital business into its Digital operations and its main business into Production Systems. The acquisition increased total shares outstanding from about 1.401 billion at the end of 2024 to about 1.495 billion at the end of 2025.
Industry position
SLB is one of the leading global providers of oilfield services and oil-and-gas technology, operating in more than 100 countries with about 109,000 employees. It operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. In 2025 it generated revenue of $35.708 billion, with international revenue of $27.942 billion (about 78.3%) and North America revenue of $7.515 billion; by segment, Production Systems was $13.325 billion, Well Construction $11.856 billion, Reservoir Performance $6.820 billion, and Digital $2.660 billion. Its proxy-cited direct comparison group includes Halliburton, Baker Hughes, TechnipFMC, and NOV; by 2025 revenue SLB ($35.7B) exceeded Baker Hughes ($27.7B) and Halliburton ($22.2B).