SLB LIMITED/NV
SLB · Oil & Gas Field Services, NEC · 1.50B shares · +1%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $401M (gross $694M, SBC $293M)
Reference price $56.99 · est. market cap ~$85.2B — last insider sale, 2026-05-27 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B81Dominant global oilfield-services franchise with top-tier cash generation, but in a cyclical revenue stall.
Strengths
- Category-leading scale/technology with ROA 6.1% (95th pct), ROE 12.9% (82nd pct) and ~$4.8B FCF (100th pct)
- Net margin 9.4% (82nd pct), strong digital/data-center growth, and $4B+ returned to shareholders with moderate leverage
Risks
- Revenue declined 2% to $35.7B amid lower upstream spending — a real cyclical growth stall
- Highly dependent on volatile oil & gas customer capex, with ~82% non-US revenue and geopolitical/Russia exposure
Notable findings
- Revenue declineRevenue -10.5% YoY
- Insider sellingInsider selling — 15 open-market sale(s) by 7 insider(s) (cluster of 7 insiders, ~$18M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
9.4%
Return on equity
12.9%
Return on assets
6.1%
Revenue growth (QoQ)
-10.5%
Net-income growth
-24.4%
Debt / equity
0.4×
Current ratio
1.3×
Free cash flow
$4.8B
Tangible book value
$4.3B
Stock comp / revenue
0.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-27 | Le Peuch Olivier | Sell | 25K | $56.99 |
| 2026-05-07 | de La Chevardiere Patrick | Sell | 2.0K | $54.33 |
| 2026-05-01 | Moraeus Hanssen Maria | Grant | 3.4K | — |
| 2026-05-01 | Sheets Jeffrey Wayne | Grant | 3.4K | — |
| 2026-05-01 | de La Chevardiere Patrick | Grant | 3.4K | — |
| 2026-05-01 | Gassen Steve Matthew | Sell | 33K | $56.19 |
| 2026-05-01 | Galuccio Miguel Matias | Grant | 3.4K | — |
| 2026-05-01 | Coleman Peter John | Grant | 3.4K | — |
| 2026-05-01 | HACKETT JAMES T | Grant | 5.5K | — |
| 2026-05-01 | Leupold Samuel Georg Friedrich | Grant | 3.4K | — |
| 2026-05-01 | Narayanan Vanitha | Grant | 3.4K | — |
| 2026-05-01 | Gassen Steve Matthew | Sell | 20K | $56.16 |
| 2026-05-01 | Gassen Steve Matthew | Option exercise | 11K | $41.47 |
| 2026-05-01 | Gassen Steve Matthew | Option exercise | 22K | $38.75 |
| 2026-04-29 | Le Peuch Olivier | Sell | 25K | $56.48 |
| 2026-03-26 | de La Chevardiere Patrick | Sell | 2.0K | $51.95 |
| 2026-03-25 | de La Chevardiere Patrick | Sell | 2.0K | $52.10 |
| 2026-03-25 | Le Peuch Olivier | Sell | 25K | $50.56 |
| 2026-03-13 | Pafitis Demosthenis | Tax withheld | 1.2K | $44.22 |
| 2026-03-13 | Merad Abdellah | Grant | 3.5K | — |
| 2026-03-13 | Merad Abdellah | Tax withheld | 1.4K | $44.22 |
| 2026-03-13 | Le Peuch Olivier | Grant | 12K | — |
| 2026-03-13 | Le Peuch Olivier | Tax withheld | 4.7K | $44.22 |
| 2026-03-13 | Guild Howard | Tax withheld | 316 | $44.22 |
| 2026-03-13 | Gassen Steve Matthew | Grant | 1.2K | — |
| 2026-03-13 | Gassen Steve Matthew | Tax withheld | 473 | $44.22 |
| 2026-03-13 | Biguet Stephane | Grant | 3.5K | — |
| 2026-03-13 | Biguet Stephane | Tax withheld | 1.4K | $44.22 |
| 2026-03-13 | Guild Howard | Grant | 801 | — |
| 2026-03-13 | Ralston Dianne B. | Grant | 3.2K | — |
| 2026-03-13 | Ralston Dianne B. | Tax withheld | 1.3K | $44.22 |
| 2026-03-13 | Pafitis Demosthenis | Grant | 2.5K | — |
| 2026-02-25 | Le Peuch Olivier | Sell | 25K | $52.00 |
| 2026-01-28 | Le Peuch Olivier | Sell | 25K | $50.40 |
| 2026-01-26 | Merad Abdellah | Sell | 60K | $49.70 |
| 2026-01-26 | Biguet Stephane | Sell | 61K | $49.70 |
| 2026-01-26 | de La Chevardiere Patrick | Sell | 4.0K | $50.29 |
| 2026-01-26 | Ralston Dianne B. | Sell | 19K | $49.50 |
| 2026-01-26 | Guild Howard | Sell | 13K | $49.70 |
| 2026-01-23 | Le Peuch Olivier | Tax withheld | 70K | $50.25 |
| 2026-01-23 | Ralston Dianne B. | Grant | 47K | — |
| 2026-01-23 | Ralston Dianne B. | Tax withheld | 18K | $50.25 |
| 2026-01-23 | Pafitis Demosthenis | Grant | 37K | — |
| 2026-01-23 | Pafitis Demosthenis | Tax withheld | 18K | $50.25 |
| 2026-01-23 | Merad Abdellah | Grant | 52K | — |
| 2026-01-23 | Merad Abdellah | Tax withheld | 20K | $50.25 |
| 2026-01-23 | Le Peuch Olivier | Grant | 178K | — |
| 2026-01-23 | Guild Howard | Grant | 12K | — |
| 2026-01-23 | Guild Howard | Tax withheld | 4.6K | $50.25 |
| 2026-01-23 | Gassen Steve Matthew | Grant | 18K | — |
| 2026-01-23 | Gassen Steve Matthew | Tax withheld | 7.0K | $50.25 |
| 2026-01-23 | Biguet Stephane | Grant | 52K | — |
| 2026-01-23 | Biguet Stephane | Tax withheld | 20K | $50.25 |
| 2026-01-18 | Pafitis Demosthenis | Option exercise | 11K | — |
| 2026-01-18 | Pafitis Demosthenis | Tax withheld | 5.4K | $46.65 |
| 2026-01-18 | Ralston Dianne B. | Option exercise | 14K | — |
| 2026-01-18 | Ralston Dianne B. | Tax withheld | 3.7K | $46.65 |
| 2026-01-18 | Guild Howard | Option exercise | 3.6K | — |
| 2026-01-18 | Guild Howard | Tax withheld | 1.6K | $46.65 |
| 2026-01-18 | Merad Abdellah | Option exercise | 16K | — |
| 2026-01-18 | Merad Abdellah | Tax withheld | 6.4K | $46.65 |
| 2026-01-18 | Le Peuch Olivier | Option exercise | 54K | — |
| 2026-01-18 | Le Peuch Olivier | Tax withheld | 21K | $46.65 |
| 2026-01-18 | Gassen Steve Matthew | Option exercise | 5.4K | — |
| 2026-01-18 | Gassen Steve Matthew | Tax withheld | 2.3K | $46.65 |
| 2026-01-18 | Biguet Stephane | Option exercise | 16K | — |
| 2026-01-18 | Biguet Stephane | Tax withheld | 6.4K | $46.65 |
| 2025-11-26 | Coleman Peter John | Sell | 5.5K | $35.82 |
| 2025-11-13 | Biguet Stephane | Sell | 38K | $36.75 |
| 2025-11-11 | Merad Abdellah | Sell | 60K | $37.69 |
| 2025-09-12 | Ralston Dianne B. | Sell | 40K | $36.08 |
| 2025-07-20 | Prechner Ugo | Option exercise | 9.3K | — |
| 2025-07-20 | Prechner Ugo | Tax withheld | 2.3K | $34.14 |
| 2025-07-20 | Jaggi Rakesh | Option exercise | 4.1K | — |
| 2025-07-20 | Jaggi Rakesh | Tax withheld | 1.3K | $34.14 |
| 2025-07-20 | Gassen Steve Matthew | Option exercise | 12K | — |
| 2025-07-20 | Gassen Steve Matthew | Tax withheld | 3.1K | $34.14 |
| 2025-05-22 | de La Chevardiere Patrick | Sell | 5.0K | $33.58 |
| 2025-05-01 | Sheets Jeffrey Wayne | Grant | 5.7K | — |
| 2025-05-01 | Narayanan Vanitha | Grant | 5.7K | — |
| 2025-05-01 | Moraeus Hanssen Maria | Grant | 5.7K | — |
| 2025-05-01 | Leupold Samuel Georg Friedrich | Grant | 5.7K | — |
| 2025-05-01 | HACKETT JAMES T | Grant | 8.7K | — |
| 2025-05-01 | Galuccio Miguel Matias | Grant | 5.7K | — |
| 2025-05-01 | Coleman Peter John | Grant | 5.7K | — |
| 2025-05-01 | de La Chevardiere Patrick | Grant | 5.7K | — |
| 2025-04-19 | Merad Abdellah | Tax withheld | 708 | $34.80 |
| 2025-04-19 | Rando Bejar Carmen | Option exercise | 4.8K | — |
| 2025-04-19 | Rando Bejar Carmen | Tax withheld | 1.9K | $34.80 |
| 2025-04-19 | Pafitis Demosthenis | Option exercise | 3.0K | — |
| 2025-04-19 | Pafitis Demosthenis | Tax withheld | 1.4K | $34.80 |
| 2025-04-19 | Merad Abdellah | Option exercise | 1.8K | — |
| 2025-03-28 | Raman Aparna | Sell | 25K | $42.28 |
| 2025-03-07 | Le Peuch Olivier | Tax withheld | 17K | $40.87 |
| 2025-03-07 | Kasibhatla Vijay | Grant | 2.8K | — |
| 2025-03-07 | Kasibhatla Vijay | Tax withheld | 1.3K | $40.87 |
| 2025-03-07 | Guild Howard | Grant | 2.8K | — |
| 2025-03-07 | Guild Howard | Tax withheld | 1.1K | $40.87 |
| 2025-03-07 | Fyfe Kevin | Grant | 2.8K | — |
| 2025-03-07 | Rando Bejar Carmen | Grant | 2.4K | — |
| 2025-03-07 | Raman Aparna | Tax withheld | 1.4K | $40.87 |
| 2025-03-07 | Ralston Dianne B. | Grant | 11K | — |
| 2025-03-07 | Ralston Dianne B. | Tax withheld | 4.5K | $40.87 |
| 2025-03-07 | Pafitis Demosthenis | Grant | 7.1K | — |
| 2025-03-07 | Pafitis Demosthenis | Grant | 1.5K | — |
| 2025-03-07 | Pafitis Demosthenis | Tax withheld | 3.4K | $40.87 |
| 2025-03-07 | Rizk Tarek | Grant | 3.6K | — |
| 2025-03-07 | Merad Abdellah | Grant | 11K | — |
| 2025-03-07 | Merad Abdellah | Grant | 913 | — |
| 2025-03-07 | Merad Abdellah | Tax withheld | 4.8K | $40.87 |
| 2025-03-07 | Fyfe Kevin | Tax withheld | 1.1K | $40.87 |
| 2025-03-07 | Biguet Stephane | Grant | 12K | — |
| 2025-03-07 | Biguet Stephane | Tax withheld | 4.9K | $40.87 |
| 2025-03-07 | Al Mogharbel Khaled | Grant | 12K | — |
| 2025-03-07 | Al Mogharbel Khaled | Tax withheld | 4.9K | $40.87 |
| 2025-03-07 | Rennick Gavin | Grant | 7.1K | — |
| 2025-03-07 | Rennick Gavin | Tax withheld | 2.8K | $40.87 |
| 2025-03-07 | Le Peuch Olivier | Grant | 43K | — |
| 2025-03-07 | Rando Bejar Carmen | Tax withheld | 594 | $40.87 |
| 2025-03-07 | Raman Aparna | Grant | 3.6K | — |
| 2025-02-26 | Rennick Gavin | Sell | 27K | $40.92 |
| 2025-01-31 | Rando Bejar Carmen | Sell | 5.5K | $40.41 |
| 2025-01-29 | Merad Abdellah | Sell | 60K | $41.44 |
| 2025-01-21 | Kasibhatla Vijay | Sell | 25K | $43.94 |
| 2025-01-21 | Ralston Dianne B. | Sell | 43K | $43.96 |
| 2025-01-21 | Al Mogharbel Khaled | Sell | 73K | $44.19 |
| 2025-01-21 | Biguet Stephane | Sell | 45K | $43.87 |
| 2025-01-21 | Al Mogharbel Khaled | Sell | 50K | $43.94 |
| 2025-01-21 | Prechner Ugo | Sell | 7.0K | $44.20 |
| 2025-01-21 | Guild Howard | Sell | 14K | $43.87 |
| 2025-01-17 | Jaggi Rakesh | Tax withheld | 1.6K | $43.05 |
| 2025-01-17 | Jaggi Rakesh | Option exercise | 4.4K | — |
| 2025-01-17 | Jaggi Rakesh | Tax withheld | 1.6K | $43.05 |
| 2025-01-17 | Le Peuch Olivier | Grant | 257K | — |
| 2025-01-17 | Le Peuch Olivier | Tax withheld | 101K | $43.05 |
| 2025-01-17 | Le Peuch Olivier | Option exercise | 84K | — |
| 2025-01-17 | Le Peuch Olivier | Tax withheld | 33K | $43.05 |
| 2025-01-17 | Fyfe Kevin | Grant | 17K | — |
| 2025-01-17 | Fyfe Kevin | Tax withheld | 6.9K | $43.05 |
| 2025-01-17 | Fyfe Kevin | Tax withheld | 2.2K | $43.05 |
| 2025-01-17 | Merad Abdellah | Grant | 68K | — |
| 2025-01-17 | Merad Abdellah | Grant | 5.7K | — |
| 2025-01-17 | Merad Abdellah | Tax withheld | 29K | $43.05 |
| 2025-01-17 | Merad Abdellah | Option exercise | 22K | — |
| 2025-01-17 | Merad Abdellah | Tax withheld | 8.8K | $43.05 |
| 2025-01-17 | Fyfe Kevin | Option exercise | 5.6K | — |
| 2025-01-17 | Ralston Dianne B. | Grant | 68K | — |
| 2025-01-17 | Ralston Dianne B. | Tax withheld | 24K | $43.05 |
| 2025-01-17 | Ralston Dianne B. | Option exercise | 22K | — |
| 2025-01-17 | Ralston Dianne B. | Tax withheld | 8.8K | $43.05 |
| 2025-01-17 | Kasibhatla Vijay | Grant | 17K | — |
| 2025-01-17 | Kasibhatla Vijay | Tax withheld | 8.0K | $43.05 |
| 2025-01-17 | Kasibhatla Vijay | Option exercise | 5.6K | — |
| 2025-01-17 | Kasibhatla Vijay | Tax withheld | 2.6K | $43.05 |
| 2025-01-17 | Al Mogharbel Khaled | Grant | 75K | — |
| 2025-01-17 | Al Mogharbel Khaled | Tax withheld | 30K | $43.05 |
| 2025-01-17 | Al Mogharbel Khaled | Option exercise | 24K | — |
| 2025-01-17 | Al Mogharbel Khaled | Tax withheld | 9.6K | $43.05 |
| 2025-01-17 | Prechner Ugo | Option exercise | 2.8K | — |
| 2025-01-17 | Prechner Ugo | Tax withheld | 817 | $43.05 |
| 2025-01-17 | Guild Howard | Grant | 17K | — |
| 2025-01-17 | Guild Howard | Tax withheld | 6.9K | $43.05 |
| 2025-01-17 | Guild Howard | Option exercise | 5.6K | — |
| 2025-01-17 | Guild Howard | Tax withheld | 2.2K | $43.05 |
| 2025-01-17 | Biguet Stephane | Grant | 75K | — |
| 2025-01-17 | Biguet Stephane | Tax withheld | 30K | $43.05 |
| 2025-01-17 | Biguet Stephane | Option exercise | 24K | — |
| 2025-01-17 | Biguet Stephane | Tax withheld | 9.6K | $43.05 |
| 2025-01-17 | Rennick Gavin | Grant | 43K | — |
| 2025-01-17 | Rennick Gavin | Tax withheld | 17K | $43.05 |
| 2025-01-17 | Rennick Gavin | Option exercise | 14K | — |
| 2025-01-17 | Rennick Gavin | Tax withheld | 5.5K | $43.05 |
| 2025-01-17 | Rando Bejar Carmen | Grant | 15K | — |
| 2025-01-17 | Rando Bejar Carmen | Tax withheld | 3.9K | $43.05 |
| 2025-01-17 | Rando Bejar Carmen | Option exercise | 2.8K | — |
| 2025-01-17 | Rando Bejar Carmen | Tax withheld | 671 | $43.05 |
| 2025-01-17 | Pafitis Demosthenis | Grant | 43K | — |
| 2025-01-17 | Pafitis Demosthenis | Grant | 9.4K | — |
| 2025-01-17 | Pafitis Demosthenis | Tax withheld | 21K | $43.05 |
| 2025-01-17 | Pafitis Demosthenis | Option exercise | 14K | — |
| 2025-01-17 | Pafitis Demosthenis | Tax withheld | 5.5K | $43.05 |
| 2025-01-17 | Jaggi Rakesh | Option exercise | 5.0K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-10 | 2026-06-10 | 0001193125-26-265771 ↗ |
| 8-K | 2026-05-12 | 2026-05-07 | 0001193125-26-219818 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0001193125-26-190101 ↗ |
| 8-K | 2026-04-24 | 2026-04-24 | 0001193125-26-174940 ↗ |
| 8-K | 2026-04-08 | 2026-04-08 | 0001193125-26-147610 ↗ |
| 8-K | 2026-03-11 | 2026-03-11 | 0001193125-26-101131 ↗ |
| 10-K | 2026-01-23 | 2025-12-31 | 0001193125-26-021017 ↗ |
| 8-K | 2026-01-23 | 2026-01-23 | 0001193125-26-020133 ↗ |
| 10-Q | 2025-10-22 | 2025-09-30 | 0001193125-25-246028 ↗ |
| 8-K | 2025-10-17 | 2025-10-17 | 0001193125-25-241946 ↗ |
| 8-K | 2025-10-15 | 2025-10-12 | 0001193125-25-239491 ↗ |
| 8-K | 2025-10-10 | 2025-10-10 | 0001193125-25-237075 ↗ |