SLB stock icon

Schlumberger
SLB

$45.66
0.53%
 

About: SLB is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.

Employees: 111,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 22 analysts
0
News positive %
of 25 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

9% more repeat investments, than reductions

Existing positions increased: 588 | Existing positions reduced: 539

3% more capital invested

Capital invested by funds: $60.8B [Q4 2023] → $62.7B (+$1.92B) [Q1 2024]

1% less funds holding

Funds holding: 1,487 [Q4 2023] → 1,477 (-10) [Q1 2024]

6% less first-time investments, than exits

New positions opened: 147 | Existing positions closed: 157

3% less funds holding in top 10

Funds holding in top 10: 30 [Q4 2023] → 29 (-1) [Q1 2024]

4.2% less ownership

Funds ownership: 84.19% [Q4 2023] → 79.99% (-4.2%) [Q1 2024]

23% less call options, than puts

Call options by funds: $835M | Put options by funds: $1.08B

Research analyst outlook

22 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$53
16%
upside
Avg. target
$68
49%
upside
High target
$77
69%
upside

22 analyst ratings

21 positive
95%
neutral
5%
negative
0%
Wells Fargo
Chris Vole
16%upside
$53
Equal-Weight
Downgraded
29 Apr 2024
Stifel
Stephen Gengaro
40%upside
$64
Buy
Maintained
22 Apr 2024
Morgan Stanley
Connor Lynagh
42%upside
$65
Overweight
Maintained
22 Apr 2024
TD Cowen
Marc Bianchi
38%upside
$63
Buy
Maintained
22 Apr 2024
Susquehanna
Charles Minervino
69%upside
$77
Positive
Maintained
22 Apr 2024

Financial journalist opinion

Based on 25 articles about SLB published over the past 30 days