Core Insights - SLB reported Q2 2025 earnings of 74 cents per share, exceeding the Zacks Consensus Estimate of 73 cents, but down from 85 cents in the same quarter last year [1][10] - Total quarterly revenues reached $8.55 billion, surpassing the Zacks Consensus Estimate of $8.49 billion, but decreased from $9.14 billion year-over-year [1][10] - The positive quarterly results were mainly driven by international growth, strong digital revenues, and increased demand for production systems [2] Segment Performance - Digital & Integration unit revenues totaled $995 million, a 5% decline from the previous year, with pre-tax operating income slightly up to $327 million, missing the Zacks estimate of $330 million [3] - Reservoir Performance unit revenues decreased by 7% to $1.69 billion, with pre-tax operating income down 16% to $314 million, but beating the Zacks estimate of $297 million [4] - Well Construction segment revenues fell 13% to $2.96 billion, with pre-tax operating income down 26% to $551 million, aligning with the Zacks estimate [5] - Production Systems segment revenues increased slightly to $3.04 billion, with pre-tax operating income up 5% to $499 million, exceeding the Zacks estimate of $488 million [6] Financials - SLB reported free cash flow of $622 million for Q2 2025 [7] - As of June 30, 2025, the company had approximately $3.75 billion in cash and short-term investments, with long-term debt at $10.89 billion [7] Outlook - SLB's full-year 2025 capital investment guidance is approximately $2.4 billion, lower than the 2024 level of $2.6 billion [8] Stock Performance - SLB currently holds a Zacks Rank 5 (Strong Sell) [9]

Core Insights - SLB has secured a significant drilling contract from Woodside Energy for the ultra-deepwater Trion development offshore Mexico, involving the drilling of 18 ultra-deepwater wells over three years with AI-enabled capabilities to enhance operational efficiency and well quality [1][2] Group 1: Contract Details - The contract includes an integrated services approach, covering digital directional drilling services, logging while drilling (LWD), surface logging, cementing, drilling and completion fluids, completions, and wireline services, with water depths reaching up to 2,500 meters [2] - SLB's expertise in ultra-deepwater drilling and advanced AI-driven technologies will ensure safe, efficient, and reliable development of the Trion wells, with a focus on local talent and supply chains in Mexico to meet project timelines [3] Group 2: Operational Efficiency - SLB's Performance Live digital service delivery centers will manage operations, optimizing drilling performance through real-time data analytics and AI-driven automation, aiming to minimize downtime and enhance precision in well construction [4] Group 3: Strategic Importance - The contract is a crucial step in advancing the Trion project's drilling phase, reinforcing SLB's strategic presence in Mexico's offshore energy sector, with first production expected in 2028 [6]