SLB Hikes 2025 Share Repurchase Program; AI Is The 'X Factor' For Oilfield Service Industry
SLB, formerly Schlumberger, reported on Friday slightly better-than-expected fourth-quarter earnings and revenue, while increasing its quarterly dividend. Shares of SLB jumped higher early. The oilfield services giant saw Q4 EPS grow 7% to 92 cents with sales increasing 3% to $9.28 billion.