Business Context and Reporting Period
Company: SLB LIMITED (formerly SLB N.V.)
Filing Type: Form 8-K (Current Report)
Date of Report: March 11, 2026
Subject: Regulation FD Disclosure regarding Middle East operations and Q1 2026 outlook.
Key Financial Metrics and Operational Impact
The filing does not provide specific historical revenue, profit, cash flow, or debt figures. Instead, it outlines the following forward-looking financial impacts for the first quarter of 2026:
- Revenue: Expected to be lower than previously anticipated due to operational disruptions.
- Earnings Per Share (EPS): Management expects an impact of approximately 6 to 9 cents per diluted share due to additional costs.
- Operational Status: Travel and transit in the Middle East region have been suspended. Demobilization of operations has begun in select countries.
Material Changes and Operational Actions
SLB is actively responding to an unfolding geopolitical situation in the Middle East. Material changes include:
- Activation of local and regional crisis response teams meeting daily.
- Suspension of travel and transit through the affected region.
- Demobilization of operations in specific countries to safeguard personnel and facilities.
- Phased resumption of full activity is planned only when conditions stabilize.
Guidance, Outlook, and Risks
Management Commentary: SLB emphasizes that employee safety is the highest priority. Despite near-term disruptions, management remains confident in the underlying resilience of its global business and its experience navigating geopolitical crises.
Outlook: The company expects the 6-9 cent EPS impact for Q1 2026 but notes that the dynamic nature of the environment could cause these factors to change.
Risks and Contingencies: The filing highlights significant risks including changing global economic and geopolitical conditions, customer spending changes, supply chain challenges, and the potential for actual results to vary materially from forward-looking statements.
Investor Verification Checklist
- Verify the specific countries where operations have been demobilized.
- Monitor the timeline for the "phased resumption" of activities in the Middle East.
- Track the actual Q1 2026 earnings report to confirm the 6-9 cent EPS impact.
- Review subsequent 8-K filings for updates on the stabilization of the regional environment.