Schlumberger Limited (SLB)
Schlumberger (SLB) Q2 Earnings and Revenues Surpass Estimates
Schlumberger (SLB) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.72 per share a year ago.
SLB beats quarterly profit estimates on international drilling demand
SLB beat analysts' estimates for second-quarter profit on Friday, as the top oilfield services provider benefited from steady demand for its drilling equipment and technology in international markets.
Down 6% This Year, Will SLB Stock Recover Following Q2 Results?
SLB's stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services including drilling, completion, and production solutions to upstream oil & gas companies in the U.S. and abroad, is scheduled to report its fiscal second-quarter results on Friday, July 19. We expect SLB's stock to likely trade higher with revenues and earnings coming slightly ahead of market expectations in Q2.
Should You Buy, Sell, or Hold SLB Stock Before Q2 Earnings?
The reduction in capital expenditures by SLB's customers is likely to have dampened demand for the company's products & services throughout the second quarter, with indications that this trend will persist.
Schlumberger (SLB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Is It Worth Investing in Schlumberger (SLB) Based on Wall Street's Bullish Views?
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?
Schlumberger (SLB) Rises But Trails Market: What Investors Should Know
In the closing of the recent trading day, Schlumberger (SLB) stood at $45.28, denoting a +0.18% change from the preceding trading day.
After Another Deal, SLB Offers Among The Best Opportunities In The Energy Space
Schlumberger Limited's strategic moves and partnerships, particularly with TotalEnergies, position it well for long-term growth. Diversification into production chemicals and AI, along with strong international demand, support Schlumberger Limited's potential for success. Attractive valuation, projected EPS growth, and commitment to shareholder returns make Schlumberger Limited a compelling investment opportunity.
SLB and TotalEnergies Ink 10-Year Digital Solutions Partnership
SLB and TotalEnergies enter into a 10-year collaboration to co-develop scalable digital solutions, focusing on enhancing energy resource access and efficiency through advanced AI technologies.
SLB, ChampionX get second request from DoJ for proposed $8 bln deal details
Oilfield services company SLB said on Tuesday it has received a second request for additional information from the United States Department of Justice in connection with its $7.75 billion acquisition deal for smaller rival ChampionX.
What's Next For SLB Stock After A 10% Fall This Year?
After a 10% decline since the beginning of the year, at the current price of around $47 per share, we believe SLB's stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services including drilling, completion, and production solutions to upstream oil & gas companies in the U.S. and abroad - has upside potential in the longer run. In comparison, SLB's peer Halliburton stock (NYSE: HAL) is down 7% this year to $34.
SLB Secures Contract for All-Electric Subsea Project in Norway
Per the agreement, SLB will oversee the FEED for a 12-well, all-electric subsea production system project located in the Fram Sor field, offshore Norway.
