Browsing Tag
ChampionX
8 posts
SLB shares jump 7% as Q3 revenue reaches $9.45bn, but margins remain below 2025
SLB delivered stronger third-quarter revenue, free cash flow and sequential operating profitability as Middle East activity recovered and data-centre infrastructure demand accelerated, although organic growth and year-on-year margins reveal a more complicated earnings picture.
SLB secures 15-year TotalEnergies DrillPlan mandate as digital margins outpace drilling
SLB has secured a 15-year agreement to deploy DrillPlan across TotalEnergies' global upstream portfolio, strengthening its position in enterprise energy software. The award builds on a wider digital collaboration as SLB's Digital division delivers 18% annual revenue growth and substantially higher margins than its traditional well construction business, although the contract's financial value and performance targets remain undisclosed.
SLB (NYSE: SLB) jumps 11% as data centers widen the growth story
SLB stock jumped 11% after a Q2 earnings beat. Can ChampionX, offshore recovery and data-centre growth sustain the rerating?
SLB (NYSE: SLB) Q2 revenue rises 5% as ChampionX offsets Middle East decline
SLB beat Q2 estimates on $8.97B revenue, but ex-ChampionX sales fell 5% as Middle East disruption bit and Data Center Solutions revenue accelerated 63%.
SLB Q1 2026 revenue rises 3% as ChampionX offsets international slowdown
SLB’s revenue grew, but margins cracked under Middle East disruption. ChampionX and AI now carry more of the recovery story.
SLB to acquire ChampionX in strategic all-stock deal to boost sustainable energy solutions
SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) have made a significant move in the energy sector by…
Apergy completes $4.4bn acquisition of Nalco Champion’s upstream energy unit
Apergy, a Texan oilfield equipment company, has wrapped up its $4.4 billion acquisition of the upstream energy operations…
Apergy to acquire ChampionX upstream energy unit of Ecolab for $4.4bn
Apergy acquisition of ChampionX : Texan oilfield equipment company Apergy has signed a deal worth about $4.4 billion…