Schlumberger Limited (SLB)
| Market Cap | 56.43B |
| Revenue (ttm) | 36.29B |
| Net Income (ttm) | 4.46B |
| Shares Out | 1.40B |
| EPS (ttm) | 3.11 |
| PE Ratio | 12.95 |
| Forward PE | 11.47 |
| Dividend | $1.16 (2.88%) |
| Ex-Dividend Date | Feb 5, 2025 |
| Volume | 13,099,250 |
| Open | 41.18 |
| Previous Close | 41.02 |
| Day's Range | 39.86 - 41.29 |
| 52-Week Range | 36.52 - 55.69 |
| Beta | 1.54 |
| Analysts | Strong Buy |
| Price Target | 57.11 (+41.78%) |
| 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 2024, Schlumberger's revenue was $36.29 billion, an increase of 9.52% compared to the previous year's $33.14 billion. Earnings were $4.46 billion, an increase of 6.14%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for SLB stock is "Strong Buy." The 12-month stock price forecast is $57.11, which is an increase of 41.78% from the latest price.
News
UK competition regulator launches inquiry into $8 bln SLB-ChampionX deal
Britain's competition regulator said on Wednesday it has launched an inquiry into oilfield services company SLB's proposed $8 billion deal to buy smaller rival ChampionX.
Aker Carbon Capture ASA announces that SLB Capturi and Aker Solutions win contract to deliver carbon capture solution for Hafslund Celsio
FORNEBU, Norway , Jan. 27, 2025 /PRNewswire/ -- Aker Carbon Capture (ACC ASA) today announced that SLB Capturi, in collaboration with Aker Solutions, has been awarded an engineering, procurement, cons...
SLB Capturi and Aker Solutions Win Contract to Deliver Carbon Capture Solution for Hafslund Celsio
OSLO, Norway--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced that SLB Capturi, in collaboration with Aker Solutions, has been awarded an engineering, procurement, construction, installation and comm...
Buy SLB and HAL gradually, my bet is we will get more near-term weakness, says Jim Cramer
'Mad Money' host Jim Cramer talks investing in oil and the oil sector.
SLB Capturi powers up its first modular carbon capture plant
OSLO, Norway--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) announced today that SLB Capturi has completed commissioning and is handing over its modular carbon capture plant at Twe...
SLB's Russian assets valued at $600 mln in 2024, unchanged from 2023
Top U.S. oilfield services company SLB said its net assets in Russia amounted to about $600 million at the end of 2024, unchanged from 2023, but revenue from the region had slipped.
International Oilfield Services Giant Schlumberger Rolls Forward
SLB's market capitalization is $61.3 billion. Its dividend yield is 2.6%, and it has implemented a $2.3 billion investor-friendly share buyback program. Of its 2024 revenue, over 80% was from internat...
What's Driving SLB's Stock Price Upward?
SLB's stock (NYSE: SLB), formerly known as Schlumberger, an oil field services major, faced a challenging 2024, with its stock price lagging behind the broader energy sector and underperforming its pe...
5 Ideal Buys From 14 'Safer' January Dividends On Bloomberg 2025 Watch List Of 50
Bloomberg Intelligence analysts identified 50 watchable firms for 2025, focusing on catalysts like new leadership, asset sales, acquisitions, and new products. 14 of 35 dividend-paying companies meet ...
Trump's ‘Drill Baby Drill' - Why SLB Could Lead Energy Sector In 2025
"Drill Baby Drill!" The signature energy battle cry of Donald Trump has returned to center stage as he returns to the White House.
Schlumberger: The Market Liked The Earnings Report
Schlumberger: The Market Liked The Earnings Report
Trade Tracker: Steve Weiss buys SLB
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's buying SLB here.
Schlumberger Limited (SLB) Q4 2024 Earnings Call Transcript
Schlumberger Limited (NYSE:SLB) Q4 2024 Earnings Conference Call January 17, 2025 9:30 AM ET Company Participants James McDonald - SVP of IR & Industry Affairs Olivier Le Peuch - CEO Stephane Biguet ...
SLB says its Russia business aligns with new US sanctions as revenue drops
Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this month, but that revenue in the country was declining.
SLB Stock Jumps on Earnings, Dividend Hike and Buyback News
SLB stock is soaring Friday after the energy firm reported strong fourth-quarter earnings and unveiled several shareholder-friendly initiatives.
SLB Jumps 6% on Earnings Beat, AI Growth; Lifts Oil Sector as S&P 500 Energy Stocks Rally
SLB jumps 6% as Q4 earnings, revenue beat estimates. AI-powered digital services drive growth; $2.3B share repurchase and dividend hike excite investors.
SLB Stock Gains on Topped Forecast, $2.3 Billion Buyback
Shares of SLB advanced after the oilfield services giant announced a $2.3 billion stock buyback, bumped dividend payouts higher and reported quarterly earnings that topped Wall Street views.
SLB's stock boosted by a strong showing for international business
The stock of SLB, the oil services company formerly known as Schlumberger Ltd, rose 3% early Friday after the company posted better-than-expected earnings for the fourth quarter, driven by strength in...
SLB Stock Jumps on Revenue and Earnings Beat
SLB also boosts its dividend and initiates $2.3 billion in accelerated share repurchases.
SLB boosts dividend, share buybacks after quarterly profit beat
SLB buoyed its quarterly dividend and boosted share repurchases on Friday after the oilfield service provider posted better-than-expected fourth-quarter profit helped by higher demand for its drilling...
SLB Announces Fourth-Quarter and Full-Year 2024 Results, Increases Dividend and Initiates $2.3 billion in Accelerated Share Repurchases
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the fourth-quarter and full-year 2024. Fourth-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Ch...
SLB awarded multi-region deepwater contracts by Shell to support capital-efficient energy development
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its dee...
SLB's Depressed Shares Don't Reflect the Company's Profitability
The oil-and-gas industry is likely to supply a big chunk of the world's energy needs for the remainder of the century, and SLB will be there to service it.
20.5% Potential Return With Schlumberger
Schlumberger is undervalued based on historical P/E ratios and forecasted EPS, with potential for a 20.5% annualized return including covered call premium and dividend. SLB's Digital & Integration div...
2 Wonderful Dividends At Bargain Basement Prices
Schlumberger offers a compelling value play with strong fundamentals, robust profitability, and growth driven by cutting-edge technology and AI, trading near 52-week lows. Alexandria Real Estate is a ...