SLB announces a new business structure and more job cuts, continuing its cost-saving efforts as it prepares for slower industry growth.
Top oilfield services provider SLB is reorganizing certain functions within its business and continuing to reduce its workforce, according to a source familiar with the matter and an internal email seen by Reuters.
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?
Recently, Zacks.com users have been paying close attention to Schlumberger (SLB). This makes it worthwhile to examine what the stock has in store.
On 2/5/25, Schlumberger will trade ex-dividend, for its quarterly dividend of $0.285, payable on 4/3/25. As a percentage of SLB's recent stock price of $40.28, this dividend works out to approximately 0.71%, so look for shares of Schlumberger Ltd to trade 0.71% lower — all else being equal — when SLB shares open for trading on 2/5/25.
SLB and Aker Solutions win a key contract to deploy a modular carbon capture plant at Hafslund Celsio's Oslo facility, marking a crucial step in Norway's Longship CCS project.
Schlumberger Ltd. NYSE: SLB, doing business as SLB, is known as an oil services company in the oils/energy sector, especially when its customers include massive oil giants like Aramco, Exxon Mobil Co. NYSE: XOM and Chevron Co. NYSE: CVX.
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.
'Mad Money' host Jim Cramer talks investing in oil and the oil sector.
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.
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.
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 international operations; North America accounted for less than 20%. SLB recently announced major multi-region multi-year deepwater contracts with Shell.