Schlumberger
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
16% more repeat investments, than reductions
Existing positions increased: 593 | Existing positions reduced: 512
9% more first-time investments, than exits
New positions opened: 153 | Existing positions closed: 141
0% less funds holding
Funds holding: 1,443 [Q2] → 1,440 (-3) [Q3]
3.6% less ownership
Funds ownership: 84.82% [Q2] → 81.22% (-3.6%) [Q3]
8% less funds holding in top 10
Funds holding in top 10: 24 [Q2] → 22 (-2) [Q3]
15% less capital invested
Capital invested by funds: $57.2B [Q2] → $48.5B (-$8.71B) [Q3]
30% less call options, than puts
Call options by funds: $695M | Put options by funds: $992M
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Citigroup Scott Gruber 44% 1-year accuracy 31 / 70 met price target | 28%upside $54 | Buy Maintained | 21 Jan 2025 |
RBC Capital Luca Issi 31% 1-year accuracy 18 / 58 met price target | 35%upside $57 | Outperform Reiterated | 21 Jan 2025 |
JP Morgan Arun Jayaram 38% 1-year accuracy 13 / 34 met price target | 19%upside $50 | Overweight Maintained | 21 Jan 2025 |
Evercore ISI Group James West 42% 1-year accuracy 16 / 38 met price target | 5%upside $44 | In-Line Downgraded | 15 Jan 2025 |
TD Cowen Marc Bianchi 55% 1-year accuracy 18 / 33 met price target | 26%upside $53 | Buy Maintained | 8 Jan 2025 |
Financial journalist opinion
Based on 41 articles about SLB published over the past 30 days









