Halliburton beat Wall Street estimates for third quarter profit on Tuesday, helped by steady demand for its oilfield equipment and services in North America. ...

Core Viewpoint - SLB reported strong earnings and revenue for Q3 2025, driven by robust demand for oilfield services in North America, despite a warning for investors to remain cautious [2][3][6] Financial Performance - Earnings per share for SLB in Q3 2025 were $0.69, exceeding the estimated $0.66 [2][6] - Revenue for the third quarter was approximately $8.93 billion, slightly above the estimated $8.92 billion, marking a 4% increase from the previous quarter but a 3% decrease year-on-year [3][6] - Income before taxes on a GAAP basis was $1 billion, reflecting a significant decline of 22% sequentially and 34% year-on-year [3] Valuation Metrics - SLB has a price-to-earnings (P/E) ratio of approximately 10.88, indicating market valuation of its earnings [4][6] - The price-to-sales ratio stands at about 1.39, while the enterprise value to sales ratio is around 1.68 [4] - The enterprise value to operating cash flow ratio is approximately 8.98, providing insights into valuation and cash flow efficiency [4] Financial Health - The earnings yield for SLB is about 9.19%, indicating return on investment [5] - The debt-to-equity ratio is approximately 0.67, suggesting a moderate level of debt relative to equity [5] - SLB has a current ratio of about 1.31, indicating its ability to cover short-term liabilities with short-term assets [5]