SLB reports 6% higher third-quarter revenue and approves $0.295 dividend

SLB reported third-quarter 2026 revenue of $9.45 billion, up 6% year over year, while GAAP EPS fell 2% to $0.49 and adjusted EPS fell 7% to $0.64; cash flow from operations was $1.51 billion and free cash flow was $828 million. The board approved a quarterly dividend of $0.295 per share, payable January 7, 2027, and SLB repurchased $656 million of stock during the quarter. SLB also agreed to acquire Kelvion from Apollo-managed funds and Triton-related funds for approximately $3.4 billion in cash plus $0.7 billion of assumed debt, with closing expected in the first half of 2027.