Schlumberger Limited (SLB)
| Market Cap | 66.74B |
| Revenue (ttm) | 34.11B |
| Net Income (ttm) | 4.34B |
| Shares Out | 1.43B |
| EPS (ttm) | 3.01 |
| PE Ratio | 15.51 |
| Forward PE | 12.63 |
| Dividend | $1.10 (2.36%) |
| Ex-Dividend Date | Jun 5, 2024 |
| Volume | 6,765,424 |
| Open | 47.02 |
| Previous Close | 46.58 |
| Day's Range | 46.15 - 47.27 |
| 52-Week Range | 42.61 - 62.12 |
| Beta | 1.58 |
| Analysts | Strong Buy |
| Price Target | 68.29 (+46.26%) |
| Earnings Date | Jul 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 $68.29, which is an increase of 46.26% from the latest price.
News
SLB, ChampionX get second request from DoJ for proposed $8 bln deal details
Oilfield services company SLB said on Tuesday it has received a second request for additional information from the United States Department of Justice in connection with its $7.75 billion acquisition ...
SLB Provides Update on Planned Acquisition of ChampionX
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced that, as expected, it and ChampionX (NASDAQ: CHX) have each received a request for additional information (second request) fr...
Calls of the Day: Uber, Adobe, SLB, RTX
The Investment Committee discuss the latest Calls Of The Day.
Britely Dentures & Implants CEO, Dustin Netral, Inducted into ADSO Hall of Leaders
INDIANAPOLIS--(BUSINESS WIRE)--Vista Verde Dental Partners is proud to announce that its CEO, Dustin Netral, has been inducted into the prestigious Association of Dental Support Organizations (ADSO) H...
Pure Energy Minerals Provides Update for Clayton Valley Lithium Brine Project
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) ("Pure Energy" or "the Company") is pleased to report progress at the Clayton Valley ...
SLB and TotalEnergies Announce 10-Year Partnership to Collaborate on Next-Generation Digital Solutions
LONDON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) and TotalEnergies (NYSE: TTE) today announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy res...
What's Next For SLB Stock After A 10% Fall This Year?
After a 10% decline since the beginning of the year, at the current price of around $47 per share, we believe SLB's stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services...
Phyn Partners with Amica to Safeguard Homes Against Costly Water Damage
LINCOLN, R.I. & LOS ANGELES--(BUSINESS WIRE)--Phyn, the leader in intelligent water solutions, today announced that it is partnering with Amica Insurance, a leader in auto, home, and life insurance, t...
SLB OneSubsea Awarded Contract by Equinor for Groundbreaking All-Electric Subsea Project
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has announced a contract award from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric Subsea Production Systems ...
SLB Announces Second-Quarter 2024 Results Conference Call
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) will hold a conference call on July 19, 2024, to discuss the results for the second quarter ending June 30, 2024. The conference call is sche...
Investment committee talks the energy trade as oil hits $80 per barrel
The Investment Committee debate the energy sector as oil hits $80 a barrel.
Trade Tracker: Stephanie Link buys more SLB
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's buying more SLB.
SLB and Aker Carbon Capture announce closing of carbon capture joint venture
OSLO, Norway , June 14, 2024 /PRNewswire/ -- Aker Horizons ASA's portfolio company Aker Carbon Capture ASA ("ACC") announced today the final closing of their previously announced joint venture with SL...
Completion of transaction to combine carbon capture business with SLB, changes to executive management
OSLO, Norway , June 14, 2024 /PRNewswire/ -- Reference is made to the announcement made by Aker Carbon Capture ASA ("ACC ASA" or the "Company") today regarding closing of the previously announced join...
SLB and Aker Carbon Capture Announce Closing of Carbon Capture Joint Venture
The joint venture will enable wider adoption of market-ready and new carbon capture technologies for power and hard-to-abate industrial sectors worldwide. HOUSTON and OSLO, Norway , June 14, 2024 /PRN...
Jim Cramer Isn't Recommending SLB, And BlackBerry? 'Nothing There'
Jim Cramer says he is not going to recommend Schlumberger.
SLB OneSubsea Awarded Contract for Phase 3, Stage 2 of Equinor's North Sea Troll Project
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has announced the award of a sizeable contract by Equinor to its OneSubsea™ joint venture. The award leverages an existing long-term contract...
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)
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
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.