Business Segments · Allocation Expense

Well Construction — Allocation Expense

Schlumberger Well Construction — Allocation Expense increased by 2.2% to $229.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $250.00M to $229.00M. Over 3 years (FY 2022 to FY 2025), Well Construction — Allocation Expense shows an upward trend with a 4.5% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Changes reflect shifts in corporate cost structure or the segment's relative size within the company.

Detailed definition

This represents corporate-level expenses or overhead costs that are distributed to the Well Construction segment. These...

Peer comparison

Common in large, multi-segment corporations with centralized support functions.

Metric ID: slb_segment_well_construction_allocation_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$207.00M$207.00M$207.00M$207.00M$235.75M$235.75M$235.75M$235.75M$251.00M$252.00M$254.00M$254.00M$250.00M$240.00M$230.00M$224.00M$229.00M
QoQ Change+0.0%+0.0%+0.0%+13.9%+0.0%+0.0%+0.0%+6.5%+0.4%+0.8%+0.0%-1.6%-4.0%-4.2%-2.6%+2.2%
YoY Change+13.9%+13.9%+13.9%+13.9%+6.5%+6.9%+7.7%+7.7%-0.4%-4.8%-9.4%-11.8%-8.4%
Range$207.00M$254.00M
CAGR+2.6%
Avg YoY Growth+3.8%
Median YoY Growth+6.9%

Frequently Asked Questions

What is Schlumberger 's well construction — allocation expense?
Schlumberger (SLB) reported well construction — allocation expense of $229.00M in Q1 2026.
How has Schlumberger 's well construction — allocation expense changed year-over-year?
Schlumberger 's well construction — allocation expense decreased by 8.4% year-over-year, from $250.00M to $229.00M.
What is the long-term trend for Schlumberger 's well construction — allocation expense?
Over 3 years (2022 to 2025), Schlumberger 's well construction — allocation expense has grown at a 4.5% compound annual growth rate (CAGR), from $828.00M to $944.00M.
What does well construction — allocation expense mean?
The portion of corporate overhead costs assigned to the Well Construction segment.