SLB Ltd
SLB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| r>l | LOCK|rNgp | LOCK|^hlw<l! |
SLB Earnings: Production and Digital Bets Continue To Position SLB for Future Growth
SLB reported second-quarter revenue of $8.97 billion, a 3% sequential growth, and 5% year on year. Unsurprisingly, both digital and production systems drove these results as customers seek to maximize production output from current assets during a volatile macroeconomic backdrop.
