Schlumberger Limited (SLB)
What's Driving SLB's Stock Price Upward?
SLB's stock (NYSE: SLB), formerly known as Schlumberger, an oil field services major, faced a challenging 2024, with its stock price lagging behind the broader energy sector and underperforming its peers in the process. However, the company's stock is up 14% since the beginning of this year, compared to only 2% return of the S&P 500 over the same period.
Should Investors Steer Clear of SLB Stock Despite Strong Q4 Earnings?
SLB reports strong Q4 earnings, but with clients becoming cautious in their discretionary spending, demand for its products & services is likely to be hurt.
Trump's ‘Drill Baby Drill' - Why SLB Could Lead Energy Sector In 2025
"Drill Baby Drill!" The signature energy battle cry of Donald Trump has returned to center stage as he returns to the White House.
Schlumberger: The Market Liked The Earnings Report
Schlumberger: The Market Liked The Earnings Report
Trade Tracker: Steve Weiss buys SLB
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's buying SLB here.
Schlumberger Limited (SLB) Q4 2024 Earnings Call Transcript
Schlumberger Limited (NYSE:SLB ) Q4 2024 Earnings Conference Call January 17, 2025 9:30 AM ET Company Participants James McDonald - SVP of IR & Industry Affairs Olivier Le Peuch - CEO Stephane Biguet - CFO Conference Call Participants David Anderson - Barclays Scott Gruber - Citigroup Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Saurabh Pant - Bank of America Roger Read - Wells Fargo Kurt Hallead - Benchmark Stephen Gengaro - Stifel Operator Good morning. My name is Kate, and I will be your conference operator today, and would like to welcome everyone to the Fourth Quarter SLB Earnings Call.
Wall Street Bulls Look Optimistic About Schlumberger (SLB): Should You Buy?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
SLB Beats on Q4 Earnings, Provides '25 Capex Guidance
SLB's Q4 earnings benefit from broad-based growth and margin expansion in the Middle East and Asia, alongside AI advancements and digital solutions.
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.
