Schlumberger Stock News

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 ...

A promise to continue returning billions of dollars to shareholders couldn't make up for a lackluster first quarter from Schlumberger (SLB -1.23%) on Friday. After the company unveiled those results, investors generally traded out of the stock and left it with a nearly 2% loss on the day.

Schlumberger Limited (NYSE:SLB ) Q1 2025 Earnings Conference Call April 25, 2025 9:30 AM ET Company Participants James R. McDonald - Senior Vice President of Investor Relations and Industry Affairs Olivier Le Peuch - Chief Executive Officer Stephane Biguet - Chief Financial Officer Conference Call Participants David Anderson - Barclays Scott Gruber - Citigroup Arun Jayaram - JP Morgan Neil Meht...

Shares of Schlumberger Ltd. slumped in early Friday trading after the provider of oil- and gas-drilling services reported a rare earnings miss, and said a slowing economy and current policies on trade could hurt drilling demand.

The company's fortunes are closely tied to prices of oil and gas, and they haven't provided much help.