Schlumberger Diversifies As Oil Slumps, Stock Undervalued
Schlumberger faces headwinds from a softening oil market but finds stability in its digital technology segment. SLB may return to growth in e2h25 through a major offshore contract. Mature well stimulation is providing some stability while new drilling projects subside. Schlumberger and ChampionX are making the appropriate efforts to gain regulatory approval for the acquisition; the deal is expected to close in q2-q3'25.
SLB Misses on Q1 Earnings and Revenues Amid Weak Activity
SLB's Q1 earnings and revenues fall short of estimates as weak drilling in key regions and low evaluation activity hurt margins across its core segments.
Schlumberger (SLB) Lags Q1 Earnings and Revenue Estimates
Schlumberger (SLB) came out with quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.75 per share a year ago.
Don't count on ‘drill, baby, drill,' Schlumberger says
Shares of Schlumberger Ltd. slumped in early Friday trading after the provider of oil- and gas-drilling services reported a rare earnings miss, and said a slowing economy and current policies on trade could hurt drilling demand.
SLB Earnings Miss Estimates. The Stock Is Falling.
The company's fortunes are closely tied to prices of oil and gas, and they haven't provided much help.
Oilfield services provider SLB misses profit estimates on international weakness
SLB missed analysts' estimates for first-quarter profit on Friday, as a slowdown in demand in Latin America for its oilfield equipment and services dragged its international business.
SLB Gears Up to Report Q1 Earnings: What's in Store for the Stock?
SLB's Q1 earnings are likely to have gained from a favorable crude pricing environment.
Schlumberger (SLB) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Evaluate the expected performance of Schlumberger (SLB) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Schlumberger (SLB) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Schlumberger (SLB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Schlumberger (SLB) Rises As Market Takes a Dip: Key Facts
Schlumberger (SLB) reachead $34.15 at the closing of the latest trading day, reflecting a +1.16% change compared to its last close.
Will Schlumberger (SLB) Beat Estimates Again in Its Next Earnings Report?
Schlumberger (SLB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
SLB to Deploy Petrel Software to Enhance Shell's Digital Capabilities
SLB mentions that the partnership will focus on making Shell technologically more efficient, thereby aiding its digital transformation process.
