Our analysis of Schlumberger offers favorable risk-reward opportunities by identifying the synergy between fundamentals and crowd behavior. Combining fundamental analysis with Elliott Wave Theory provides a comprehensive approach to stock valuation and market trends in stocks like SLB. The current analysis of SLB suggests a potential rally to new highs, with specific levels guiding and confirming future price movements.
Oil prices remain stable at around $70 per barrel, with low volatility and balanced supply-demand dynamics, contributing to a calm energy market in 2025. Schlumberger has underperformed since Q3 2023 but shows value with recent earnings beats, strong digital business growth, and shareholder-friendly moves. Despite a troubling chart, SLB's valuation is attractive, with a 6.6% FCF yield and potential for operating leverage driving future earnings.
There are quality stocks that trade at well-below average valuations even in a frothy market. In this article, I highlight 2 such picks, both of which aim to return significant amounts of capital through dividends and share buybacks. Both carry strong balance sheets and are evolving their business models toward profitable growth.
SLB's expectation of flat revenues for 2025, excluding the ChampionX acquisition, highlights concerns about its ability to generate organic growth.
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.