Summary
SLB Chart
Is Schlumberger (SLB) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Here is What to Know Beyond Why Schlumberger Limited (SLB) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Schlumberger (SLB). This makes it worthwhile to examine what the stock has in store.
SLB Launches Electris Tech to Boost Well Production and Recovery
SLB rolls out Electris, a digital solution that enhances well productivity and lowers energy costs by controlling water production in complex reservoirs.
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Schlumberger Limited Profile
| Oil & Gas Equipment & Services Industry | Energy Sector | Mr. Olivier Le Peuch CEO | NYSE Exchange | 806857108 Cusip |
| US Country | 110,000 Employees | 5 Feb 2025 Last Dividend | 10 Apr 2006 Last Split | 31 Dec 1981 IPO Date |
Overview
Schlumberger Limited, headquartered in Houston, Texas, is a leading provider of technology solutions for the global energy industry. The company, which was founded in 1926, originally known as Société de Prospection Électrique, operates through four primary divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. Schlumberger has a rich history of innovation and service, offering comprehensive field development, hydrocarbon production solutions, carbon management, and the integration of energy systems. Its worldwide operations underscore its role in driving technological advancements and sustainability in energy.
Products and Services
- Digital & Integration
Provides field development, carbon management, and integration of adjacent energy systems, enhancing operational efficiency and reducing environmental impact.
- Reservoir Performance
Offers reservoir interpretation and data processing services for exploration data, utilizing advanced technologies for reservoir optimization and management.
- Well Construction
Includes mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, in addition to engineering support, drilling fluid systems, roller cone and fixed cutter drill bits, bottom-hole-assembly, borehole enlargement technologies, well cementing products, and services for effective well construction.
- Production Systems
Provides artificial lift production equipment and optimization services, as well as supply of packers, safety valves, sand control technology, and intelligent well completions technology and equipment. Further, it designs and manufactures valves, chokes, actuators, and surface trees for efficient hydrocarbon production.
- OneSubsea
Offers integrated solutions, products, systems, and services for the offshore industry, including wellheads, subsea trees, manifolds, flowline connectors, control systems, connectors, and comprehensive service packages.
- Additional Services
Engages in pressure pumping, well stimulation, and coiled tubing equipment solutions for enhanced hydrocarbon recovery. It also provides exploration and production pressure, flow-rate measurement services, and comprehensive drilling rig management solutions, ensuring operational efficiency and safety.
Contact Information
