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SLB Sees Lower-Than-Expected Q1 Revenue Due to Middle East Conflict
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SLB Sees Lower-Than-Expected Q1 Revenue Due to Middle East Conflict
Mar 11, 2026 6:16 AM

08:51 AM EDT, 03/11/2026 (MT Newswires) -- SLB (SLB) said Wednesday its Q1 revenue will be lower than expected due to the "unfolding situation" in the Middle East.

The energy giant anticipates incurring additional expenses resulting in an impact of roughly $0.06 to $0.09 of earnings per diluted share for Q1, according to the company.

SLB said it has started to demobilize operations in a few regions for personnel and sites protection.

Shares of the company were down 2% in Wednesday's premarket activity.

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