Slb outlines $4B shareholder returns for 2025 amid flat revenue outlook

Earnings Call Insights: Schlumberger Limited (SLB) Q1 2025

Management View

• CEO Olivier Le Peuch highlighted a “soft start to the year,” with first-quarter revenue decreasing 3% year-on-year. This was attributed to seasonal declines, constrained upstream investment due to oversupplied oil markets, and economic uncertainty from OPEC+ supply