Schlumberger Stock News

Britain's competition regulator said on Thursday it might accept the measures offered by oilfield services firm SLB and smaller rival ChampionX to address antitrust concerns regarding the two companies' proposed $8 billion deal.

Bloomberg Intelligence analysts identified 50 watchable firms for 2025, focusing on catalysts like leadership changes, acquisitions, and new products, with emphasis on AI and electric vehicles. Sixteen of the 35 dividend-paying companies are deemed "safer" with free cash flow yields exceeding dividend yields, including HSBC, China Hongqiao, and ITV. Analysts forecast net gains between 30.99% to...

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) has been awarded a major drilling contract by Australian independent Woodside Energy (NYSE: WDS) for its ultra-deepwater Trion development project, offshore Mexico. SLB will oversee the delivery of 18 ultra-deepwater wells using an integrated services approach and AI-enabled drilling capabilities to improve operational e...

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on April 25, 2025 to discuss the results for the first quarter ending March 31, 2025. The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To access the conference call, listeners should contact the Conference Call Operator at...

Schlumberger presents a compelling long-term investment with strong international growth, margin expansion, and robust free cash flow. SLB's strategic push into digital solutions, AI, and low-carbon initiatives like carbon capture and geothermal positions it for future growth. With a strong balance sheet and trading at a forward P/E well below its historical average, the Company offers an attra...

The U.K.'s competition watchdog said it is preparing to launch an in-depth investigation of SLB's proposed acquisition of ChampionX, saying the deal could affect competition if allowed to go ahead.

Britain's competition regulator said on Thursday that oilfield services company SLB's proposed $8 billion deal to buy smaller rival ChampionX could result in a substantial lessening of competition within the UK.

Schlumberger is up 6.74% YTD, outperforming major index funds, driven by strong fundamentals and increasing energy demand for data centers and AI advancements. SLB's robust financials include $36.29 billion in 2024 revenue, $4.19 billion in free cash flow, and a dividend yield of 2.78%, trading at less than 12x 2025 earnings. Risks include commodity price fluctuations, geopolitical instability,...