Schlumberger Limited (SLB)
| Market Cap | 52.01B |
| Revenue (ttm) | 36.00B |
| Net Income (ttm) | 4.48B |
| Shares Out | 1.41B |
| EPS (ttm) | 3.11 |
| PE Ratio | 11.84 |
| Forward PE | 10.79 |
| Dividend | $1.10 (2.99%) |
| Ex-Dividend Date | Dec 4, 2024 |
| Volume | 14,858,346 |
| Open | 36.83 |
| Previous Close | 36.91 |
| Day's Range | 36.62 - 37.38 |
| 52-Week Range | 36.52 - 55.69 |
| Beta | 1.52 |
| Analysts | Strong Buy |
| Price Target | 59.06 (+60.36%) |
| Earnings Date | Jan 17, 2025 |
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 $59.06, which is an increase of 60.36% from the latest price.
News
ADNOC Drilling forms 'unconventional' energy venture with SLB, Patterson-UTI
ADNOC Drilling , a unit of the United Arab Emirates' state oil giant, said on Tuesday it has closed an agreement to create Turnwell Industries, a joint venture with oilfield services firms SLB and Pat...
SLB Announces Fourth-Quarter and Full-Year 2024 Results Conference Call
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on January 17, 2025 to discuss the results for the fourth quarter and full year ending December 31, 2024. The conference call is s...
Recurring Income: 2 Magnificent Bargains Up To 10% Yield
The current market environment favors value investors, with Schlumberger Ltd. and Blue Owl Capital Corp. offering compelling entry points. SLB's robust total return potential is driven by its global l...
SLB OneSubsea awarded subsea boosting contract by Petrobras for the Búzios field, offshore Brazil
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced a contract award by Petrobras, following a competitive tender, to its OneSubsea™ joint venture for two subsea...
SLB Awarded Integrated Services Contract for All Petrobras' Offshore Fields in Brazil
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced that it has been awarded, after a competitive tender, a new contract by Petrobras (NYSE: PBR) for integrated ...
Trade Tracker: Stephanie Link sells Diamondback Energy and buys more SLB
Stephanie Link, CIO at Hightower, joins CNBC's 'Halftime Report' to discuss her latest portfolio moves.
SLB adds AI-driven geosteering to its autonomous drilling solutions to achieve more efficient and productive wells
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) introduces Neuro™ autonomous geosteering, which dynamically responds to subsurface complexities to drill more efficient, high...
Aramco, SLB and Linde plan to build carbon capture project
Saudi oil giant Aramco, top oilfield services company SLB and Linde, the world's largest industrial gases company, have signed an agreement to build a carbon capture and storage project in Jubail, Sau...
SLB Capturi Completes Construction of the World's First Industrial-Scale Carbon Capture Plant at a Cement Facility
OSLO, Norway--(BUSINESS WIRE)--SLB Capturi has reached a significant milestone of mechanical completion of the carbon capture plant at Heidelberg Materials' cement facility in Brevik, Norway. With the...
Schlumberger: Buy This Oilfield Service Leader
Schlumberger has 4 key revenue streams and operates globally. Its narrative is focusing on capital discipline, operating efficiency and margins as it improves margins. Schlumberger's strong cash flows...
Schlumberger: Buy While The Market Is Asleep On Digital Transformation
SLB's strategic positioning in oilfield services, strong digital solutions growth, and robust financial health make it a compelling investment opportunity. Despite near-term headwinds, SLB's expanding...
Schlumberger: Digital Transformation Of The Energy Sector Could Provide Catalysts
Schlumberger is a top-ranked "Magic Formula" stock, combining high earnings yield and return on invested capital for strong performance. The Magic Formula, by Joel Greenblatt, identifies stocks that a...
SLB OneSubsea awarded subsea boosting contract for bp's Kaskida project in Gulf of Mexico
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced the award of a contract by bp to its OneSubsea joint venture for a subsea boosting system in the greenfield development of the Kaskida project...
Oil Stocks Fall, Travel Shares Rise as Crude Futures Plunge
Shares of companies impacted by the price of oil were among the biggest movers in the S&P 500 Monday as crude futures sank after a weekend retaliatory strike against Iran by Israel didn't hit Iran's o...
Calls of the Day: Gilead, Berkshire Hathaway and SLB
The Investment Committee debate the latest Calls Of The Day
Schlumberger: Growth May Be Slowing, But The Buybacks Are Accelerating
SLB's Q3 comments suggested slightly muted growth expectations which spooked the market. The more important story is that the growth from the prior couple years is now trickling down to the free cash ...
SLB Revenue Hurt by Falling Commodity Prices
SLB (SLB) shares slumped Friday as a lower trend in oil and gas prices hurt quarterly results for the big oilfield services provider.
Schlumberger Limited (SLB) Q3 2024 Earnings Call Transcript
Schlumberger Limited (NYSE:SLB) Q3 2024 Results Conference Call October 18, 2024 9:30 AM ET Company Participants James McDonald - Senior Vice President of Investor Relations and Industry Affairs Oliv...
Committee Stocks on the Move: P&G, SLB, Intuitive Surgical and CVS
The Investment Committee discuss some of their stocks that are on the move.
Cramer's Stop Trading: SLB
CNBC's Jim Cramer explains why he is keeping an eye on shares of SLB.
SLB Beats on Earnings but Misses on Sales. The Stock Is Slipping.
Earnings per share came in at $0.89 in the third quarter, compared with $0.85 in the second quarter and analyst expectations for $0.88.
SLB beats quarterly profit estimates on international business strength
SLB beat analysts' estimates for third-quarter profit on Friday, as the oilfield services provider benefited from steady demand for its drilling equipment and technology in its international markets.
SLB Announces Third-Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the third quarter of 2024. Third-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Sept....
SLB Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Schlumberger Limited SLB will release earnings results for its third quarter, before the opening bell on Friday, Oct. 18.