SLB CEO says Q2 EBITDA to be flat sequentially, slightly down from prior guidance

SLB LIMITED/NV

Q2 revenue expected flattish sequentially but unfavorable geographic mix impacting margins.
Saudi Arabia activity declined ahead of expectations with additional rig demobilizations and Jafurah unconventional pause.
Lower short-cycle activity in Latin America offset by growth in Middle East and North Africa.
Company-wide EBITDA now expected flat sequentially, slightly down from expectations shared on Q1 earnings call.
Commitment to returning minimum $4 billion to shareholders in 2025 unchanged.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.