Schlumberger Well Construction — Capital Investments decreased by 31.8% to $107.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.1%, from $129.00M to $107.00M. Over 3 years (FY 2021 to FY 2025), Well Construction — Capital Investments shows an upward trend with a 6.6% CAGR.
Higher investment suggests growth initiatives, while lower investment may indicate a focus on cash preservation or asset maturity.
This metric measures the cash spent by the Well Construction segment on acquiring or upgrading physical assets like dril...
Comparable to capital expenditure (CapEx) reported by peers in the oilfield services industry.
slb_segment_well_construction_capital_investments| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $106.00M | $106.00M | $106.00M | $171.75M | $171.75M | $171.75M | $171.75M | $227.00M | $227.00M | $227.00M | $227.00M | $198.00M | $165.00M | $129.00M | $118.00M | $110.00M | $157.00M | $107.00M |
| QoQ Change | — | +0.0% | +0.0% | +62.0% | +0.0% | +0.0% | +0.0% | +32.2% | +0.0% | +0.0% | +0.0% | -12.8% | -16.7% | -21.8% | -8.5% | -6.8% | +42.7% | -31.8% |
| YoY Change | — | — | — | — | +62.0% | +62.0% | +62.0% | +32.2% | +32.2% | +32.2% | +32.2% | -12.8% | -27.3% | — | -40.4% | -33.3% | — | -17.1% |