Schlumberger Stock News

SLB trades at a forward P/E of 9.7-10.4 and an EV/EBITDA of 6.8, suggesting an attractive valuation. The company maintains strong financials with a 3.4% dividend yield, robust cash flow, and manageable long-term debt. SLB's market capitalization is $44.65 billion.

ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 million, creating a joint venture it seeks to double in the next year, its chief financial officer said on Thursday.

The headlines from President Trump's Middle East trip trumpeted the deals made by many of the leading technology companies. However, investors should note that the U.S. delegation included three oil services companies' chief executive officers (CEOs).

I analyze 50 Bloomberg 'Companies to Watch' for 2025, focusing on the 35 that pay dividends and applying the yield-based dogcatcher strategy. 15 of these dividend payers are 'safer' stocks, with free cash flow yields exceeding dividend yields—five are IDEAL candidates for watch-to-buy. Top ten dividend dogs offer estimated average net gains of 21.33% for the coming year, but investors should be...

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today launched Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset. Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence a...

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago. The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SL...

Schlumberger faces headwinds from a softening oil market but finds stability in its digital technology segment. SLB may return to growth in e2h25 through a major offshore contract. Mature well stimulation is providing some stability while new drilling projects subside. Schlumberger and ChampionX are making the appropriate efforts to gain regulatory approval for the acquisition; the deal is expe...

April's market volatility has created dividend bargains, allowing investors to pick high-quality blue-chip stocks with strong balance sheets and long-term return potential. Merck, trading at a low P/E of 9.3 and yielding 4.1%, carries a strong late-stage pipeline of 20 drugs. Schlumberger, with a P/E of 10.2 and a 3.3% yield, offers resilient growth prospects in offshore production and digital ...