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Schlumberger SLB Reservoir Performance — Allocation Expense

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Other financials

Income statement

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Revenue$9.0B+5.0%
Operating income$1.6B+18.5%
Net income$786.0M-22.5%
EPS (diluted)$0.52-29.7%

Balance sheet

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Cash & equivalents$2.7B-15.2%
Total debt$11.1B+2.3%
Total equity$26.1B+28.4%
Total assets$55.5B+13.9%

Cash flow

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Operating cash flow$1.4B+19.0%
CapEx$459.0M+23.7%
Free cash flow$900.0M+16.7%

Valuation

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Market cap$73.6B+50.1%
Enterprise value$82B+44.6%
P/E23.7×+11.7×
P/S+0.6×

Profitability

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Gross margin22.6%
Operating margin19.4%+2.6pp
Net margin8.5%-3.0pp
FCF margin13.2%-0.3pp

Returns & leverage

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Return on equity13.4%-6.4pp
Debt / equity0.4×-0.1×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by Schlumberger in its filing.

Tagged under the XBRL concept slb:AllocationExpense.

The source filing: Schlumberger ’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 11:22 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-322595
Line itemDigitalReservoir / PerformanceWell / ConstructionProduction / Systems
Compensation$193$390$579$481
Cost of products, materials, and supplies-2447512,154
Depreciation and amortization48118161152
Allocations92161232137
Other170411602261
$503$1,324$2,325$3,185
(Stated in millions)
Second Quarter 2025

Item 1. Financial Statements.

FAQ

What is Schlumberger 's reservoir performance — allocation expense?
Schlumberger (SLB) reported reservoir performance — allocation expense of $161M in Q2 2026.
How has Schlumberger 's reservoir performance — allocation expense changed year-over-year?
Schlumberger 's reservoir performance — allocation expense decreased by 1.2% year-over-year, from $163M to $161M.
What is the long-term trend for Schlumberger 's reservoir performance — allocation expense?
Over 3 years (2022 to 2025), Schlumberger 's reservoir performance — allocation expense has grown at a 4.1% compound annual growth rate (CAGR), from $571M to $644M.
What does reservoir performance — allocation expense mean?
This metric represents corporate-level expenses or shared service costs that are allocated to the Reservoir Performance segment. It accounts for overhead, administrative support, and other centralized costs that are not directly generated by the segment but are necessary for its operation. Understanding this helps in determining the segment's fully burdened cost structure.

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