Key Details
Price
$41.22Last Dividend
$0.28Annual ROE
20.41%Beta
0.75Events Calendar
Next earnings date:
Apr 18, 2025Recent quarterly earnings:
Jan 17, 2025Recent annual earnings:
Jan 17, 2025Next ex-dividend date:
Feb 05, 2025Recent ex-dividend date:
Dec 04, 2024Next split:
N/ARecent split:
Apr 10, 2006Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
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Institutional Ownership
Schlumberger Ltd., listed on the NYSE as SLB, operates as an oil services company in the energy sector. It is particularly recognized for serving large oil companies such as Aramco, Exxon Mobil, and Chevron.
On Wednesday, Britain's competition regulator announced that it has started an investigation into SLB's plan to acquire the smaller company ChampionX for $8 billion.
OSLO, Norway--(BUSINESS WIRE)--SLB (NYSE: SLB) has announced that SLB Capturi, working with Aker Solutions, has received an EPCIC contract from Hafslund Celsio AS. This contract involves providing a carbon capture solution for Hafslund Celsio's waste-to-energy facility located in Klemetsrud, Oslo. Hafslund Celsio is the biggest supplier of district heating in Norway and operates the country's largest waste-to-energy plant.
SLB, a leading oilfield services company in the U.S., reported that its net assets in Russia were around $600 million at the end of 2024, the same as in 2023. However, the revenue from that area has decreased.
SLB has a market value of $61.3 billion and offers a dividend yield of 2.6%. The company has also started a $2.3 billion share buyback program to benefit investors. In 2024, more than 80% of its revenue came from international operations, while less than 20% was from North America, and SLB recently secured significant long-term deepwater contracts with Shell.
SLB, previously called Schlumberger, is a major oil field services company that had a tough time in 2024, with its stock not performing as well as the overall energy sector and its competitors. Despite this, the company's stock has increased by 14% since the start of the year, while the S&P 500 has only seen a 2% gain during the same time.
SLB has announced solid earnings for the fourth quarter, but clients are starting to be more careful with their spending. As a result, the demand for its products and services may be affected.
"Drill Baby Drill!" is the well-known slogan of Donald Trump, and it has made a comeback as he returns to the White House.
Schlumberger: The Market Responded Positively to the Earnings Report.
Steve Weiss, the Founder and Managing Partner of Short Hills Capital Partners, appears on CNBC's "Halftime Report" to discuss his reasons for purchasing SLB at this time.
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