Schlumberger is trading 10% up at $51.95 after reporting better-than-expected second-quarter 2026 results and reaffirming its full-year guidance despite regional disruptions.
- Performance was driven by solid international growth and a strategic pivot toward higher-margin digital offerings and data center services.
- Management is successfully leveraging the ChampionX acquisition to offset headwinds in the Middle East, keeping the company's 2026 revenue outlook on track.