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MarketBeat
MarketBeat
Chris Markoch

Why SLB Could Be the Smartest Oil Stock to Buy Now

SLB Oil Le Peuch MarketBeat

Shares of SLB (NYSE: SLB) stock are down just over 1% after the oil field services company reported its third-quarter earnings report. The stock is down approximately 14% in 2025, which is in sympathy with the price of crude oil.

The company delivered a beat on the top and bottom lines. Revenue of $8.93 billion was just a tick higher than the $8.92 billion expected. On the bottom line, SLB delivered 69 cents in earnings per share (EPS), which was 3.95% higher than the estimates for 66 cents.

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