Operational performance in Q1 was significantly hampered by conflict-driven shutdowns in Qatar and Iraq, leading to force majeure and production shut-ins. Management attributes the revenue miss to abrupt activity curtailments and higher logistics costs, though the ChampionX acquisition provided a 23% boost to Production Systems. The company is shifting its strategic focus toward 'production recovery,' leveraging ChampionX to help operators maximize output from mature and unconventional assets as reser ...

SLB (NYSE:SLB) Q1 2026 Earnings call April 24, 2026 11:00 AM ET Company Participants James R. McDonald - SVP of Investor Relations and Industry Affairs Olivier Le Peuch - CEO Stephane Biguet - CFO Conference Call Participants Arun Jayaram - Analyst David Anderson - Analyst James West - Analyst Marc Bianchi - Analyst Neil Mehta - Analyst Scott Gruber - Analyst Sebastian Erskine - Analyst Stephen Richardson - Analyst Operator Good morning. My name is Megan, and I will be your conference operator today and wou ...