NYSE:SLBEnergy Services
SLB (NYSE:SLB) Valuation in Focus After Q3 Earnings Beat and ChampionX Boost
SLB (NYSE:SLB) just reported third-quarter earnings that came in ahead of analyst expectations, due in part to stronger North American revenue and the recent ChampionX acquisition.
Although the business delivered a clear profit beat, investor caution is evident as oil prices remain volatile and clients are still trimming drilling budgets. These dynamics are influencing how markets respond to SLB's otherwise strong results.
See our latest analysis for SLB.
This latest update comes on the heels...