Schlumberger's Digital Growth Leads Q4
Schlumberger (SLB 5.16%), a leading global technology company in oilfield services, reported fourth-quarter 2024 results on Friday, Jan. 17, that exceeded Wall Street's consensus expectations. Non-GAAP earnings per share reached $0.92, outperforming the projected $0.90.
Schlumberger (SLB) Q4 Earnings and Revenues Top Estimates
Schlumberger (SLB) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.86 per share a year ago.
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 its international business.
SLB Stock Jumps on Revenue and Earnings Beat
SLB also boosts its dividend and initiates $2.3 billion in accelerated share repurchases.
Schlumberger (SLB) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Evaluate the expected performance of Schlumberger (SLB) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Should Investors Buy, Sell, or Hold SLB Stock Before Q4 Earnings?
SLB's overall business is expected to remain bearish due to a moderation in drilling activity among upstream companies globally.
SLB Secures Multiple Drilling Contracts for Shell's Deepwater Assets
SLB plans to leverage its AI-enabled digital drilling tools and technology and its extensive experience of working in ultra-deepwater environments for the projects awarded by Shell.
Schlumberger (SLB) Reports Next Week: Wall Street Expects Earnings Growth
Schlumberger (SLB) doesn't possess 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) Increases Despite Market Slip: Here's What You Need to Know
Schlumberger (SLB) reachead $39.37 at the closing of the latest trading day, reflecting a +1.57% change compared to its last close.
Schlumberger Limited (SLB) is Attracting Investor Attention: Here is What You Should Know
Schlumberger (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wall Street Analysts Think Schlumberger (SLB) Is a Good Investment: Is It?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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.
