earnings
Middle East Disruptions Drag Down EPS 28% as Digital and Production Segments Grow (SLB Q1 2026 Earnings Call)
SLB faced a turbulent first quarter as severe geopolitical disruptions in the Middle East led to operational shutdowns and production shut-ins. Despite these headwinds weighing heavily on margins and earnings, the company found resilience through its recent ChampionX acquisition and expanding digital and data center portfolios, positioning itself for a broad-based recovery.