SLB Reports Q4 Earnings Decline, Raises Dividend, Aims for $4 Billion in Shareholder Returns

Schlumberger Limited (NYSE: SLB) reported a decline in fourth-quarter earnings on January 23, 2026, as the oilfield services company faced ongoing industry challenges. The firm announced a dividend increase, reflecting its commitment to shareholder returns despite lower profits. For the quarter ended December 31, 2025, SLB posted adjusted earnings per share of $1.85, down from $2.10 in the same period last year. Revenue fell 7% to $9.2 billion, attributed to reduced activity in key markets. Management reiterated its goal of delivering $4 billion in shareholder returns through dividends and share buybacks this fiscal year. Analysts noted that while results fell short of expectations, SLB's strategic focus on cost management and operational efficiency positions it for recovery as global energy demand stabilizes. The stock closed at $65.20, up 2.3% on the news.