08:40 AM EDT, 10/17/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

SLB posted Q3 operating EPS of $0.69, beating the consensus of $0.66 and our $0.67 estimate. Revenues of $8.9B rose 4.5% sequentially but declined 2.5% year-over-year, with the ChampionX acquisition contributing $579M in revenues (6.5% of consolidated revenues) and strong 24.0% EBITDA margins versus 23.0% for non-ChampionX businesses. We think the company's shift toward production-oriented services is quite reasonable given recent commodity pricing weakness in both liquids and natural gas. Management maintained 2025 capex guidance at $2.4B but eschewed 2026 guidance, likely due to uncertainty around pricing, tariffs, and geopolitics. We believe the Digital segment's impressive pretax margins of more than 28% have significant potential to drive margin expansion over the next two to three years, as these services are less likely to be commoditized. International revenues declined just 1% sequentially versus 4% in North America, which makes sense to us given longer international cycles.