Schlumberger Limited (SLB)
| Market Cap | 69.33B |
| Revenue (ttm) | 35.15B |
| Net Income (ttm) | 4.42B |
| Shares Out | 1.42B |
| EPS (ttm) | 3.06 |
| PE Ratio | 15.96 |
| Forward PE | 12.64 |
| Dividend | $1.10 (2.25%) |
| Ex-Dividend Date | Sep 4, 2024 |
| Volume | 8,189,069 |
| Open | 48.79 |
| Previous Close | 48.23 |
| Day's Range | 48.16 - 49.31 |
| 52-Week Range | 42.61 - 62.12 |
| Beta | 1.57 |
| Analysts | Strong Buy |
| Price Target | 67.28 (+37.78%) |
| 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 19 analysts, the average rating for SLB stock is "Strong Buy." The 12-month stock price forecast is $67.28, which is an increase of 37.78% from the latest price.
News
A.forall Announces the Launch of Their Fifth Abbreviated New Drug Application (ANDA) and Second “First Cycle” FDA Approval
MINNETONKA, Minn.--(BUSINESS WIRE)--A.forall's U.S. subsidiary Milla Pharmaceuticals Inc. announced the launch of the group's generic version of Precedex®, Dexmedetomidine Hydrochloride Injection 200 ...
SLB announces voluntary delisting from Euronext Paris
PARIS--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its pri...
SLB to Accelerate Co-Development of AI-Driven Digital Platform for Aker BP
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB and Aker BP today announced they have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and...
Gold Down 2%; SLB Posts Upbeat Earnings
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 300 points on Friday.
Schlumberger exceeds Q2 2024 expectations: Should you buy SLB stock now?
Schlumberger NV (NYSE: SLB) has captured market attention with its Q2 2024 earnings, which surpassed expectations. The company reported a Non-GAAP EPS of $0.85, exceeding estimates by $0.02.
SLB beats quarterly profit estimates on international drilling demand
SLB beat analysts' estimates for second-quarter profit on Friday, as the top oilfield services provider benefited from steady demand for its drilling equipment and technology in international markets.
SLB Announces Second-Quarter 2024 Results
LONDON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced results for the second-quarter 2024. Second-Quarter Results (Stated in millions, except per share amounts) Three Months Ended ...
Down 6% This Year, Will SLB Stock Recover Following Q2 Results?
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...
SLB OneSubsea Awarded Contract for TotalEnergies' Kaminho Deepwater Project
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has announced the award of a contract by TotalEnergies (NYSE: TTE) to its OneSubsea™ joint venture for a 13-well Subsea Production System sco...
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...
Delta Apparel Announces Delisting From NYSE American
DULUTH, Ga.--(BUSINESS WIRE)--DLA today announced that it received notification that NYSE Regulation has initiated proceedings to delist the Company's common stock . . .
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...