Schlumberger N.V. (NYSE: SLB) shares rise after reporting second-quarter 2025 results. Revenue totaled $8.55 billion, surpassing estimates, while adjusted earnings per share were 74 cents, in line with expectations. North America revenue increased by 1%, but international revenue dropped by 8%.

By segment, revenue breakdown is as follows: Digital & Integration – $995 million, Reservoir Performance – $1.69 billion, Well Construction – $2.96 billion, Production Systems – $3.04 billion. Adjusted EBITDA was $2.05 billion, with margins contracting to 24%.

Operating cash flow for the first half of the year was $1.80 billion, higher than the previous period. SLB completed the sale of its interests in Alberta, Canada, and acquired ChampionX. A quarterly cash dividend of 28.5 cents per share was declared, payable on Oct. 9.

CEO Olivier Le Peuch expressed optimism for the second half of the year, citing market position and diversified portfolio strength. Full-year 2025 capital investment is expected to be around $2.4 billion, reflecting the impact of the ChampionX acquisition and down from $2.6 billion in 2024.

Read more at Yahoo Finance: SLB Trims 2025 Capital Spending, Prioritizing Efficiency Post-ChampionX Deal