Schlumberger Limited (SLB)
| Market Cap | 69.45B |
| Revenue (ttm) | 34.11B |
| Net Income (ttm) | 4.34B |
| Shares Out | 1.43B |
| EPS (ttm) | 3.01 |
| PE Ratio | 16.14 |
| Forward PE | 13.13 |
| Dividend | $1.10 (2.26%) |
| Ex-Dividend Date | Jun 5, 2024 |
| Volume | 5,533,540 |
| Open | 48.70 |
| Previous Close | 48.42 |
| Day's Range | 48.29 - 48.74 |
| 52-Week Range | 42.73 - 62.12 |
| Beta | 1.64 |
| Analysts | Strong Buy |
| Price Target | 68.76 (+41.51%) |
| Earnings Date | Apr 19, 2024 |
About SLB
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluid... [Read more]
Financial Performance
In 2023, Schlumberger's revenue was $33.14 billion, an increase of 17.96% compared to the previous year's $28.09 billion. Earnings were $4.20 billion, an increase of 22.14%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for SLB stock is "Strong Buy." The 12-month stock price forecast is $68.76, which is an increase of 41.51% from the latest price.
News
CHAMPIONX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ChampionX Corporation - CHX
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ChampionX Corpor...
SLB OneSubsea and Subsea7 Awarded Integrated Contract for OKEA's North Sea Bestla Project
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has announced the award of a sizeable integrated engineering, procurement, construction, and installation (EPCI) contract by OKEA to its OneS...
Top 3 Energy Stocks That Could Blast Off This Month - RPC (NYSE:RES)
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SLB OneSubsea and Subsea7 Sign Long-Term Strategic Collaboration Agreement with Equinor; Commence Work on Wisting and Bay Du Nord Projects
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has announced the signing of a new long-term strategic collaboration agreement between Equinor ASA and the Subsea Integration Alliance (which...
Why energy plays are for long-term investors
The energy sector (XLE) has continued to outperform throughout 2024. Alpine Saxon Woods Chief Market Strategist Sarah Hunt and CFRA Energy Equity Analyst and Deputy Research Director Stewart Glickman ...
Shares Of Schlumberger Now Oversold
In trading on Monday, shares of Schlumberger entered into oversold territory, changing hands as low as $48.61 per share. We define oversold territory using the Relative Strength Index, or RSI, which i...
SLB North American Revenue Drops While International Business Grows
SLB (SLB) posted first-quarter earnings that were in line with analysts' expectations and revenue that slightly exceeded estimates, but North American sales declined.
Trade Alert: is it time to rotate into energy stocks?
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's buying more SLB. The Investment Committee debate the energy sector.
Cramer's Stop Trading: SLB
CNBC's Jim Cramer explains why he is keeping an eye on shares of SLB.
Schlumberger says it ‘had an exciting start to the year' after Q1 earnings
Schlumberger NV (NYSE: SLB) is trading slightly down on Friday after reporting roughly in line financial results for its first quarter. Schlumberger remains committed to shareholder returns The oilfie...
SLB Tops Revenue Expectations on International Strength
The oil-services company reports adjusted first-quarter earnings of 75 cents a share on revenue of $8.71 billion.
Oilfield firm SLB's profit rises on international drilling demand
Top oilfield services firm SLB on Friday reported a higher quarterly profit, as strong international oil and gas drilling demand helped offset a slowdown in North America activity.
Schlumberger posts profit gain for first quarter as revenue tops estimates
Schlumberger Ltd. SLB, +0.26% said Friday it had net income of $1.068 billion, or 74 cents a share, in the first quarter, up from $934 million, or 65 cents a share, in the year-earlier period.
SLB Announces First-Quarter 2024 Results, Targeting to Return $7 Billion to Shareholders Over 2024–2025
KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the first-quarter 2024. First-Quarter Results (Stated in millions, except per share amounts) Three Months Ended C...
With The Stock Flat This Year, Will Q1 Results Drive SLB Stock Higher?
SLB's stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services including drilling, completion, and production solutions to upstream oil & gas companies in the U.S. and abro...
Halliburton, Baker Hughes may see deal pressure after SLB's buying spree, industry experts say
Investors of Halliburton and Baker Hughes are likely to pile up pressure on the top U.S. oilfield service companies to follow the steps of bigger rival SLB in beefing up their portfolios through deals...
SLB Awarded Three Completion Contracts for Petrobras' Buzios Field
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has been awarded three contracts by Petrobras (NYSE: PBR) for completion hardware and services for up to 35 subsea wells in the development o...
Top Wall Street analysts like these 3 dividend stocks for passive income
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Walmart and SLB
Big oil is racing to scale up carbon capture to slash emissions but the challenges are immense
The oil industry is betting carbon capture will serve heavy industries like cement- and steelmaking that now have few good options to slash greenhouse gases.
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SLB Buys ChampionX for $7.8 Billion To Expand Its Oilfield Services Offerings
Shares of ChampionX (CHX) jumped Tuesday after SLB (SLB) agreed to buy the rival oilfield services provider in an all-stock transaction valued at about $7.8 billion.
Shareholder Alert: Ademi LLP investigates whether ChampionX Corporation has obtained a Fair Price in its transaction with SLB
MILWAUKEE , April 2, 2024 /PRNewswire/ -- Ademi LLP is investigating ChampionX (Nasdaq: CHX) for possible breaches of fiduciary duty and other violations of law in its transaction with SLB. Click here...
Schlumberger to spend $7.7 billion on buying ChampionX
ChampionX Corp (NASDAQ: CHX) is in focus today after Schlumberger NV (NYSE: SLB) said it will buy the oilfield technology company for $7.75 billion. $SLB deal values ChampionX stock at 14% premium The...
SLB to Buy ChampionX in $7.8 Billion Oilfield Services Deal
The oilfield services giant said it agreed to buy ChampionX in a move to expand its presence in the less cyclical production and recovery space.