Schlumberger Limited (SLB)
| Market Cap | 61.47B |
| Revenue (ttm) | 36.00B |
| Net Income (ttm) | 4.48B |
| Shares Out | 1.41B |
| EPS (ttm) | 3.11 |
| PE Ratio | 14.00 |
| Forward PE | 12.39 |
| Dividend | $1.10 (2.53%) |
| Ex-Dividend Date | Dec 4, 2024 |
| Volume | 6,693,754 |
| Open | 43.25 |
| Previous Close | 43.10 |
| Day's Range | 42.92 - 43.65 |
| 52-Week Range | 38.66 - 55.69 |
| Beta | 1.53 |
| Analysts | Strong Buy |
| Price Target | 61.18 (+40.55%) |
| Earnings Date | Oct 18, 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 $61.18, which is an increase of 40.55% from the latest price.
News
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.
SLB Announces Definitive Agreement to Sell Its Interests in Palliser Block
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced that it has entered into a definitive agreement to sell its interests in the Palliser Block located in Albert...
Schlumberger: Robust International Division, Strong Market Position Should Deliver Long-Term Growth
Schlumberger's international division shows robust growth, particularly in the Middle East and Asia, despite North America's decline due to weak prices and lower drilling activities. Tailwinds from of...
Schlumberger's Oilfield Services Can Drive Strong Returns
Schlumberger, with a $62 billion market cap, faces challenges during downturns but has rebuilt operations to generate strong returns. The company's future opportunities and shareholder returns are pro...
October's Top 3 Stocks Revealed by MarketBeat
MarketBeat offers numerous tools to investors, but the single most significant is the MarketRank™ tool. The MarketRank feature aggregates data for over 1.5 million global listings in eight categories ...
SLB Announces Third-Quarter 2024 Results Conference Call
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on October 18, 2024, to discuss the results for the third quarter ending September 30, 2024. The conference call is scheduled to b...
SLB and ADNOC Drilling Partner for Unconventional Oil and Gas Development
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB a...
SLB and NVIDIA collaborate to develop generative AI solutions for the energy sector
MONACO--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) is building on its long-standing collaboration with NVIDIA to develop generative AI solutions for the energy industry. The col...
AI is the X factor of digital transformation in the energy industry, says SLB CEO Olivier Le Peuch
SLB CEO Olivier Le Peuch joins 'Squawk Box' to discuss the state of the global energy market, impact of AI on the energy industry, the company's continued presence in Russia, and more.
Schlumberger Has A Path For Growth; Oil May Be Holding Back The Share Price
Schlumberger is poised for strong growth and margin expansion in 2H24, driven by high-quality backlog turning to revenue. SLB's growth is expected internationally, with deepwater developments in Latin...
SLB launches AI-powered Lumi platform
MONACO--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today launched the Lumi™ data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including g...