SLB (SLB) says it is seeking to recover higher costs following supply chain disruptions from the Middle East, is passing on inflation cost to customers via clauses in contracts

Schlumberger's announcement to recover higher costs from supply chain disruptions indicates a proactive stance on managing inflationary pressures. This move suggests potential implications for profit margins and may influence pricing dynamics in the oil and gas sector, depending on how well their customers can absorb these costs. Traders should consider how this could affect SLB's competitive positioning and the broader market sentiment towards energy equipment firms amid ongoing inflation concerns.