SLB (SLB) CEO sees global industry spending steady in 2025 vs 2024; says global upstream spending is keeping oil market in balance
SourceNewsquawk
SectionUS Equities
- Q1 25 revenue and adj. EBITDA expected to be at similar levels as last year.
- Expects activity rebound in Q2, particularly in international markets.
- Expects Canada APS (Asset Performance Solutions) asset sale to close in the next few months.