SLB's Earnings Report Highlights

Schlumberger Limited (NYSE:SLB) is a leading global provider of technology and services to the energy industry. The company offers a wide range of products and services, including drilling, production, and reservoir management. Schlumberger operates in over 120 countries, making it a significant player in the energy sector. Its main competitors include Halliburton and Baker Hughes.

SLB's recent performance has been noteworthy, with a 30-day gain of 5.10%. This indicates a strong upward trend, suggesting investor confidence in the company's future prospects. Despite a minor 1.32% decline over the past 10 days, this dip may present a buying opportunity as the stock approaches a local minimum.

The growth potential for SLB is substantial, with an estimated stock price increase of 48.90%. This significant upside potential makes SLB an attractive option for investors seeking growth in the energy sector. The company's strong fundamentals further support this potential for growth.

SLB's Piotroski Score of 8 highlights its solid financial health and operational efficiency. This score reflects the company's ability to generate profits, manage its balance sheet effectively, and maintain operational efficiency. Such strong fundamentals are crucial for sustaining long-term growth.

The target price for SLB is set at $50, aligning with its growth potential and current market conditions. This target suggests a substantial upside from its current trading levels, reinforcing the stock's attractiveness to investors. As always, investors should conduct their own research and consider their risk tolerance before making investment decisions.

Schlumberger Limited (NYSE:SLB) is a leading global provider of technology and services to the energy industry. The company offers a wide range of products and services, including drilling, production, and reservoir management. Schlumberger operates in over 120 countries, making it a significant player in the energy sector. Its main competitors include Halliburton and Baker Hughes.

SLB's recent performance has been noteworthy, with a 30-day gain of 5.10%. This indicates a strong upward trend, suggesting investor confidence in the company's future prospects. Despite a minor 1.32% decline over the past 10 days, this dip may present a buying opportunity as the stock approaches a local minimum.

The growth potential for SLB is substantial, with an estimated stock price increase of 48.90%. This significant upside potential makes SLB an attractive option for investors seeking growth in the energy sector. The company's strong fundamentals further support this potential for growth.

SLB's Piotroski Score of 8 highlights its solid financial health and operational efficiency. This score reflects the company's ability to generate profits, manage its balance sheet effectively, and maintain operational efficiency. Such strong fundamentals are crucial for sustaining long-term growth.

The target price for SLB is set at $50, aligning with its growth potential and current market conditions. This target suggests a substantial upside from its current trading levels, reinforcing the stock's attractiveness to investors. As always, investors should conduct their own research and consider their risk tolerance before making investment decisions.

Schlumberger (NYSE:SLB) shares fell more than 2% in premarket trading after the oilfield services giant reported first-quarter results that came in below analyst expectations, marking a subdued start to 2025 despite strength in select regions and its digital business.

The company posted adjusted earnings of $0.72 per share, missing the consensus estimate of $0.74. Revenue declined 3% year-over-year to $8.49 billion, falling short of the $8.64 billion Wall Street had forecast.

CEO Olivier Le Peuch acknowledged the soft performance, noting that gains in the Middle East, North Africa, Argentina, and offshore U.S. operations were outweighed by slowdowns in other geographies. However, he highlighted the company’s ability to maintain profitability in a challenging environment, as adjusted EBITDA margins edged up to 23.8% from 23.6% a year ago—reflecting effective cost management and operational discipline.

One standout area was digital services, where revenue jumped 17% year-over-year. The company credited this growth to rising demand for AI-driven tools and digital solutions aimed at boosting operational efficiency.

Looking ahead, Schlumberger reaffirmed its commitment to returning at least $4 billion to shareholders in 2025 via dividends and share buybacks.

Schlumberger (NYSE:SLB) shares fell more than 2% in premarket trading after the oilfield services giant reported first-quarter results that came in below analyst expectations, marking a subdued start to 2025 despite strength in select regions and its digital business.

The company posted adjusted earnings of $0.72 per share, missing the consensus estimate of $0.74. Revenue declined 3% year-over-year to $8.49 billion, falling short of the $8.64 billion Wall Street had forecast.

CEO Olivier Le Peuch acknowledged the soft performance, noting that gains in the Middle East, North Africa, Argentina, and offshore U.S. operations were outweighed by slowdowns in other geographies. However, he highlighted the company’s ability to maintain profitability in a challenging environment, as adjusted EBITDA margins edged up to 23.8% from 23.6% a year ago—reflecting effective cost management and operational discipline.

One standout area was digital services, where revenue jumped 17% year-over-year. The company credited this growth to rising demand for AI-driven tools and digital solutions aimed at boosting operational efficiency.

Looking ahead, Schlumberger reaffirmed its commitment to returning at least $4 billion to shareholders in 2025 via dividends and share buybacks.

Schlumberger (NYSE:SLB) closed 2024 on a high note, exceeding fourth-quarter earnings expectations and sending its shares up more than 7% intra-day today. The oilfield services leader reported adjusted earnings per share of $0.92, a 7% year-over-year increase that surpassed the $0.90 consensus estimate. Quarterly revenue climbed 3% to $9.28 billion, also beating projections.

The robust results were fueled by standout performances in its Digital & Integration and Production Systems divisions. Revenue for Digital & Integration jumped 10% year-over-year to $1.16 billion, while Production Systems posted 9% growth, reaching $3.20 billion.

SLB CEO Olivier Le Peuch expressed optimism about the long-term investment prospects for the oil and gas sector, citing factors such as global economic growth, heightened energy security priorities, and rising energy demand driven by AI and data centers.

Reinforcing its confidence in the company’s future, SLB raised its quarterly dividend by 3.6% to $0.285 per share and announced $2.3 billion in accelerated share repurchase agreements.

Schlumberger Limited (NYSE:SLB), the world's largest oilfield services company, has consistently demonstrated strong financial performance. On January 17, 2025, SLB reported earnings per share (EPS) of $0.92, surpassing the estimated $0.90. This marks a notable improvement from the $0.86 EPS reported in the same quarter last year, highlighting the company's growth trajectory.

SLB's revenue for the quarter was approximately $9.28 billion, exceeding the estimated $9.18 billion. This represents a 1% increase from the previous quarter and a 3% rise compared to the same period in 2023. The company has surpassed consensus revenue estimates three times in the last four quarters, showcasing its robust financial health.

The company's strong fourth-quarter earnings were driven by growth in the Middle East and Asia, as well as advancements in artificial intelligence and digital solutions. Despite a decline in income before taxes, which saw an 8% drop from the previous quarter, SLB's net income attributable on a GAAP basis was reported at $1.1 billion.

SLB has also announced an increase in its dividend and the initiation of $2.3 billion in accelerated share repurchases. This move reflects the company's commitment to returning value to shareholders. With a price-to-earnings (P/E) ratio of approximately 14.01 and a price-to-sales ratio of about 1.74, SLB's market valuation remains strong.

The company's financial metrics, such as a debt-to-equity ratio of approximately 0.60 and a current ratio of about 1.48, indicate a stable financial position. These figures suggest that SLB is well-positioned to cover its short-term liabilities and manage its debt effectively, ensuring continued growth and stability in the competitive oilfield services industry.

Schlumberger (NYSE:SLB) closed 2024 on a high note, exceeding fourth-quarter earnings expectations and sending its shares up more than 7% intra-day today. The oilfield services leader reported adjusted earnings per share of $0.92, a 7% year-over-year increase that surpassed the $0.90 consensus estimate. Quarterly revenue climbed 3% to $9.28 billion, also beating projections.

The robust results were fueled by standout performances in its Digital & Integration and Production Systems divisions. Revenue for Digital & Integration jumped 10% year-over-year to $1.16 billion, while Production Systems posted 9% growth, reaching $3.20 billion.

SLB CEO Olivier Le Peuch expressed optimism about the long-term investment prospects for the oil and gas sector, citing factors such as global economic growth, heightened energy security priorities, and rising energy demand driven by AI and data centers.

Reinforcing its confidence in the company’s future, SLB raised its quarterly dividend by 3.6% to $0.285 per share and announced $2.3 billion in accelerated share repurchase agreements.