{
  "id": 17312561,
  "title": "Slb chief legal officer sells $1.12M in company stock",
  "url": "https://urgent.news/2026/10/31/slb-chief-legal-officer-sells-1-12m-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T00:01:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/slb-chief-legal-officer-sells-112m-in-company-stock-93CH-4988954"
  },
  "original_language": "en",
  "account": "Dianne B. Ralston, Chief Legal Officer and Secretary at Schlumberger Ltd. (NYSE:SLB), disclosed the sale of 20,986 shares of company common stock worth $1,124,220 on October 30, 2026. At the time of the transaction, each share was priced at $53.57. After the sale, Ralston's beneficial ownership of SLB common stock amounted to 205,053 shares.\n\nSchlumberger reported robust third-quarter 2026 earnings and revenue surpassing market expectations. The company achieved adjusted earnings of $0.64 per share, outperforming the estimated $0.62, while revenue reached $9.45 billion, exceeding the forecasted $9.27 billion. This strong performance was driven by growth across core divisions and improved margins.\n\nAnalysts responded positively to the earnings results. Piper Sandler raised its price target for SLB shares to $65, while Freedom Broker upgraded the stock rating from Sell to Hold. UBS reduced its price target to $70, citing valuation concerns in the oilfield services sector, yet retained a Buy rating. TD Cowen maintained a Buy rating and kept its $64 price target, highlighting the company's outperformance relative to other large-cap oilfield services firms. These mixed yet generally favorable analyst reactions reflect a generally optimistic outlook on Schlumberger's performance and future prospects.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}