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Digital & Integration

Reservoir Performance

Well Construction

Production Systems

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Schlumberger

Schlumberger NV engages in the provision of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. It operates through the following business segments: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. The Digital and Integration segment combines the company’s digital solutions and data products with its Asset Performance Solutions (APS). The Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. The Well Construction segment includes the full portfolio of products and services to optimize well placement and performance, maximize drilling efficiency, and improve wellbore assurance. The Production Systems segment develops technologies and provides expertise that enhance production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Schlumberger reports strong Q4 results, eyes international growth in 2023

Schlumberger's Q4 2022 performance showcased revenue growth, margin expansion, and operational success. The company aims for significant revenue growth in 2023, driven by international and offshore markets. Challenges include seasonality impacts and the shift towards drilling in North America, while opportunities lie in sustained growth and margin expansion.

Schlumberger reports robust Q1 results and eyes growth opportunities in Brazil and digital transformation

Schlumberger's Q1 performance reflects strong growth, solid financials, and positive outlook on industry resilience and multiyear growth.
The company's strengths lie in its Digital division growth, new energy portfolio progress, and engagement in Brazil's supply growth potential.
Challenges include cash flow impact, liquidity details, and potential strategic decisions regarding EPS projects and the Canada asset.
Opportunities abound in international markets, Brazil's production enhancement, exploration activities, and industry trends towards digital transformation and decarbonization.

Schlumberger posts strong Q2 earnings, eyes growth in key markets

Schlumberger's Q2 performance reflects robust revenue growth, margin expansion, and strong cash generation, positioning the company well for continued success in 2023.
Despite challenges from global uncertainties and analyst inquiries, Schlumberger's strengths in contract awards, margin improvement, and strategic partnerships offer growth potential.
Opportunities in international markets, customer focus on industry resilience, and shareholder returns through dividends and buybacks underscore Schlumberger's positive outlook and strategic initiatives.

Schlumberger reports robust Q3 earnings, eyes digital growth opportunities

Schlumberger's Q3 performance reflects strong revenue growth, margin expansion, and a strategic focus on digital adoption and New Energy opportunities. The company anticipates continued margin expansion in 2024, supported by differentiation and international growth momentum.

Schlumberger exceeds Q4 targets, eyes mid-teens EBITDA growth in 2024

Schlumberger's Q4 2023 earnings call highlighted strong financial performance, revenue growth in key markets, and a focus on digital transformation and new energy initiatives. The company aims to sustain growth through mid-teens EBITDA growth in 2024, capitalizing on exploration activity and technology demand.

Schlumberger reports robust Q1 results, eyes international growth opportunities

Schlumberger's Q1 performance reflects strong revenue and EBITDA growth, driven by international strength and digital sales expansion.
While facing challenges in North America, the company is focused on margin enhancement, shareholder returns, and the ChampionX acquisition synergies.
Opportunities lie in carbon capture, Asian market growth, and the evolving energy landscape, positioning Schlumberger for continued success and innovation.

Schlumberger reports robust Q2 earnings, eyes margin expansion and growth

Schlumberger's strong Q2 performance, driven by international and offshore markets, showcases its focus on revenue growth and operational efficiency. Despite cost efficiency actions and potential challenges, the company remains optimistic about margin expansion and shareholder returns. With a strategic outlook, SLB aims for continued growth and profitability.

Schlumberger reports solid Q3 results, eyes digital growth opportunities

Schlumberger's Q3 2024 performance showcased strong financial metrics, with a focus on margin expansion and cash flow generation.
Despite market challenges and caution, SLB remains optimistic about the future of the oil and gas industry and is committed to shareholder value.
The company's strategic emphasis on digital growth, profitability, and reducing exposure to volatility positions them well for long-term success.

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Schlumberger Ltd. engages in the provision of energy technology. It operates through the following business segments: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. The Digital and Integration segment involves the combination of digital solutions and data products with its Asset Performance Solutions. The Reservoir Performance segment consists of technologies and services for productivity and performance optimization. The Well Construction segment includes the full portfolio of products and services for well placement and performance, drilling, and wellbore assurance. The Production Systems segment focuses on the development of technologies and provides services to production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.

Baker Hughes Co

Helix Energy Solutions Group

Solaris Oilfield Infrastructure

SLB, Baker Hughes, Helix Energy Solutions and Solaris Oilfield have been highlighted in this Industry Outlook article.

Zacks Industry Outlook SLB, Baker Hughes, Helix Energy Solutions and Solaris Oilfield

Strict capital discipline by upstream energy companies is acting as a dampener, thereby making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, BKR, HLX and SOI are expected to survive the industry challenges.

4 Oilfield Services Stocks Set to Escape Industry Weakness

Petroleo Brasileiro

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has announced a major contract award by Petrobras (NYSE: PBR), following a competitive tender, to its OneSubsea™ joint venture for their standardized, pre-salt subsea production systems and related services. The scope covers the further development of two oil fields in the strategically important Santos Basin. As part of the second development of the Atapu and Sepia fields, SLB OneSubsea will provide the Petrobras-standard configured, p.

SLB OneSubsea awarded major contract by Petrobras for two ultra-deepwater projects offshore Brazil

HOUSTON--(BUSINESS WIRE)--Regulatory News: The SLB and Aker Carbon Capture joint venture (SLB-ACC JV) today announced a contract award by its partner CO280 Solutions for front end engineering and design (FEED) of a large-scale carbon capture plant at a pulp and paper mill on the U.S. Gulf Coast. The project, which aims to remove 800,000 tonnes of carbon emissions annually, will also deliver permanent, verifiable and affordable carbon dioxide removals (CDRs). North America's pulp and paper indus.

SLB and Aker Carbon Capture joint venture awarded FEED contract by CO280 for large-scale carbon removal project

Arcadium Lithium PLC

The Investment Solidifies ILiAD's Leading Role in Global DLE Deployment SAN DIEGO , July 31, 2024 /PRNewswire/ -- ILiAD Technologies, LLC, a subsidiary of EnergySource Minerals (ESM), today announced the successful close of their funding round with a significant investment from global technology company SLB (NYSE: SLB). This investment unlocks funding to build upon the technological advantages of the ILiAD direct lithium extraction (DLE) technology platform and expands its reach for deployment at lithium production sites across the world.

ILiAD Successfully Finalizes Funding Round With SLB Investment

Shell PLC

The energy sector has experienced a remarkable turnaround, driven by a confluence of factors, including post-pandemic recovery and geopolitical tensions. The combination of reduced investments during the pandemic and the Russia-Ukraine conflict has created a supply-demand imbalance, pushing oil and natural gas prices to new heights.

Buy alert: 2 energy stocks with ‘strong buy' ratings for August 2024

MINNETONKA, Minn.--(BUSINESS WIRE)--A.forall's U.S. subsidiary Milla Pharmaceuticals Inc. announced the launch of the group's generic version of Precedex®, Dexmedetomidine Hydrochloride Injection 200 mcg per 50 mL and 400 mcg per 100 mL in 0.9% sodium chloride in glass bottles by its partner Sagent Pharmaceuticals. Dexmedetomidine Hydrochloride Injection is indicated for sedation of initially intubated and mechanically ventilated patients during treatment in an intensive care setting. Dexmedeto.

A.forall Announces the Launch of Their Fifth Abbreviated New Drug Application (ANDA) and Second “First Cycle” FDA Approval

PARIS--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, given the increasing costs, administrative requirements and managerial time required to maintain a dual listing, has requested a voluntary delisting from the Euronext Paris. SLB became a pub.

SLB announces voluntary delisting from Euronext Paris

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB and Aker BP today announced they have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company's E&P operations. The new platform will leverage the Delfi™ digital platform to enable new digital solutions in the cloud for Aker BP. “By co-developing AI-powered digital technologies, we will transform Aker BP's subsurface workfl.

SLB to Accelerate Co-Development of AI-Driven Digital Platform for Aker BP

ASML Hld

Broadcom

Campbell Soup

Salesforce

iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF

iShares Core Total USD Bond Market ETF

National Fuel Gas

Nestle SA

Paramount Global

Rush Enterprises

SPDR Portfolio S&P 500 Value ETF

TotalEnergies SE

West Pharmaceutical Services

Barron's Mid-Year 2024 Pro Picks revealed by panelists for potential investment opportunities. Barron's interviews of eleven financial industry Roundtable-pros tapped 48 predictions. Twelve non-ADR foreign stocks and six funds were dropped by YCharts screens, and six selections paid no dividends, leaving 24 in the final pool. The Barron's list tracked by YCharts as of 7/17/24 projected ten top analyst-estimated net gains from WST, ASML, PBR, RUSHA & topped by SLB ranging 19.46%-35.09%.

24 Barron's Pro-Picked 2024 Mid-Year Dividend Dogs: Buy 2 In July

General Dynamics

Goldman Sachs

Lululemon Athletica

Newmont Mining

Skechers U.S.A.

Investors should look for bargain quality stocks that can thrive regardless of political turmoil.

Ten Top Stocks That Can Hold Up No Matter Who Wins the Election

Halliburton

Both Halliburton (HAL) and SLB (SLB) look forward to solid momentum in international markets during the second half of the year.

HAL & SLB: Comparative Financial Analysis of Q2 Earnings

SLB recently reported strong Q2 earnings, but the North American rig count data indicates a bearish outlook for the business.

Should Investors Steer Clear of SLB Stock After Q2 Earnings?

ConocoPhillips

Devon Energy

The energy sector is one which is bound to grow over the next few years, meaning there are a good few energy stocks to buy now for the coming surge. We have tremendous needs, and these needs are only growing as we gain more and more electric technology.

3 Energy Stocks to Buy Now: Q3 Edition

SLB is not cheap but has been growing revenue and earnings at impressive rates. The market has been penalizing the company due to misunderstanding Saudi Arabia's shift from new offshore developments to the Jafurah unconventional gas field. SLB will benefit from the Saudi focus on Jafurah and the latest earnings report confirms the growth trend in the Middle East remains intact.

SLB: The Market Doesn't Fully Appreciate The Growth Opportunities

Schlumberger Limited (NYSE:SLB ) Q2 2024 Results Conference Call July 19, 2024 9:30 AM ET Company Participants James McDonald - SVP of IR & Industry Affairs Olivier Le Peuch - CEO Stephane Biguet - EVP & CFO Conference Call Participants James West - Evercore ISI David Anderson - Barclays Scott Gruber - Citigroup Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Dan Kutz - Morgan Stanley Luke Lemoine - Piper Sandler Saurabh Pant - Bank of America Marc Bianchi - TD Cowen Kurt Hallead - Benchmark Operator Thank you everyone for standing by. Welcome to the SLB Second Quarter Earnings Conference Call.

Schlumberger Limited (SLB) Q2 2024 Earnings Call Transcript

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 300 points on Friday.

Gold Down 2%; SLB Posts Upbeat Earnings

SLB's Q2 earnings gain from significant contributions from Middle East & Asia projects and enhanced offshore exposure in key regions, including the Gulf of Mexico.

SLB Q2 Earnings Beat Estimates, Revenues Rise Year Over Year

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.

Schlumberger (SLB) Q2 Earnings and Revenues Surpass Estimates

Schlumberger NV (NYSE: SLB) has captured market attention with its Q2 2024 earnings, which surpassed expectations. The company reported a Non-GAAP EPS of $0.85, exceeding estimates by $0.02.

Schlumberger exceeds Q2 2024 expectations: Should you buy SLB stock now?

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.

SLB beats quarterly profit estimates on international drilling demand

LONDON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced results for the second-quarter 2024. Second-Quarter Results (Stated in millions, except per share amounts) Three Months Ended   Change Jun. 30, 2024   Mar. 31, 2024   Jun. 30, 2023   Sequential   Year-on-year Revenue $9,139 $8,707 $8,099 5%   13% Income before taxes - GAAP basis $1,421 $1,357 $1,293 5%   10% Income before taxes margin - GAAP basis 15.5% 15.6% 16.0% -4 bps   -42 bps Net income attributable to SLB - GAAP ba.

SLB Announces Second-Quarter 2024 Results

Diamondback Energy

Targa Resources

Higher demand and lower inventories should help the top-rated oil stocks outperform.

How to Find the Best Oil Stocks to Buy

Halliburton and SLB report Q2 earnings and revenue on Friday. HAL stock is trading flat while SLB has declined 6% in 2024.

S&P 500 Mainstays Report Earnings Amid 'Poor' Industry Sentiment And Slew Of Price Target Cuts

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.

News for Schlumberger Stock (SLB)