Schlumberger Limited (SLB)
Schlumberger's stock slumps as falling oil prices turn customers cautious
Schlumberger's stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.
SLB Beats on Earnings but Misses on Sales. The Stock Is Slipping.
Earnings per share came in at $0.89 in the third quarter, compared with $0.85 in the second quarter and analyst expectations for $0.88.
SLB beats quarterly profit estimates on international business strength
SLB beat analysts' estimates for third-quarter profit on Friday, as the oilfield services provider benefited from steady demand for its drilling equipment and technology in its international markets.
SLB Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Schlumberger Limited SLB will release earnings results for its third quarter, before the opening bell on Friday, Oct. 18.
Should Investors Buy, Sell, or Hold SLB Stock Before Q3 Earnings?
SLB's overall business is expected to remain bearish due to a moderation in drilling activity among upstream companies globally.
Schlumberger (SLB) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the closing of the recent trading day, Schlumberger (SLB) stood at $44.78, denoting a +0.4% change from the preceding trading day.
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: Robust International Division, Strong Market Position Should Deliver Long-Term Growth
Schlumberger's international division shows robust growth, particularly in the Middle East and Asia, despite North America's decline due to weak prices and lower drilling activities. Tailwinds from offshore projects and the company's focus on geographic expansion along with operational improvements should drive long-term revenue growth and margin improvement. SLB is trading at a discount to historical levels, making it an attractive buy given its promising long-term outlook.
Schlumberger's Oilfield Services Can Drive Strong Returns
Schlumberger, with a $62 billion market cap, faces challenges during downturns but has rebuilt operations to generate strong returns. The company's future opportunities and shareholder returns are promising, despite risks tied to industry downturns and weaker oil prices. The Federal Reserve's potential rate cuts could signal an economic downturn, impacting Schlumberger's ability to drive future returns.
SLB, Velesto Join Forces to Boost Rig Performance in Malaysia
SLB and Velesto partner to enhance rig performance and reduce emissions with advanced digital tools, marking a three-year collaboration to boost drilling efficiency.
Schlumberger (SLB) Rises Higher Than Market: Key Facts
In the latest trading session, Schlumberger (SLB) closed at $45.46, marking a +1.27% move from the previous day.
Is Schlumberger (SLB) a Buy as Wall Street Analysts Look Optimistic?
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.
