Schlumberger Limited (SLB)
Buy SLB and HAL gradually, my bet is we will get more near-term weakness, says Jim Cramer
'Mad Money' host Jim Cramer talks investing in oil and the oil sector.
Schlumberger Limited (SLB) Is a Trending Stock: Facts to Know Before Betting on It
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.
SLB's Russian assets valued at $600 mln in 2024, unchanged from 2023
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.
International Oilfield Services Giant Schlumberger Rolls Forward
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.
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.
