SLB icon

Schlumberger

42.08 USD
+0.63
1.52%
At close Feb 13, 4:00 PM EST
After hours
42.25
+0.17
0.40%
1 day
1.52%
5 days
4.70%
1 month
5.60%
3 months
-3.46%
6 months
-3.86%
Year to date
9.58%
1 year
-11.56%
5 years
21.37%
10 years
-52.39%
 

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 6,831 funds
0
Analysts bullish %
of 9 analysts

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

Low target
$44
5%
upside
Avg. target
$53
26%
upside
High target
$61
45%
upside

9 analyst ratings

positive
78%
neutral
22%
negative
0%
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

Neutral
Zacks Investment Research
1 day ago
SLB Restructures Business Operations, Plans More Job Cuts
SLB announces a new business structure and more job cuts, continuing its cost-saving efforts as it prepares for slower industry growth.
SLB Restructures Business Operations, Plans More Job Cuts
Neutral
Market Watch
1 day ago
These 6 stocks will tell you if Trump's economic policies are working or not
The Trump administration sees the stock market as a measure of its success.
These 6 stocks will tell you if Trump's economic policies are working or not
Neutral
CNBC Television
2 days ago
Katie Stockton on the technicals in energy
'Fast Money' guest trader Kate Stockton talks the technicals in the energy trade.
Katie Stockton on the technicals in energy
Negative
Reuters
2 days ago
Exclusive: Oilfield services company SLB reorganizes, expects more job cuts, source says
Top oilfield services provider SLB is reorganizing certain functions within its business and continuing to reduce its workforce, according to a source familiar with the matter and an internal email seen by Reuters.
Exclusive: Oilfield services company SLB reorganizes, expects more job cuts, source says
Neutral
Zacks Investment Research
6 days ago
Brokers Suggest Investing in Schlumberger (SLB): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Brokers Suggest Investing in Schlumberger (SLB): Read This Before Placing a Bet
Positive
Zacks Investment Research
1 week ago
Schlumberger Limited (SLB) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Schlumberger (SLB). This makes it worthwhile to examine what the stock has in store.
Schlumberger Limited (SLB) is Attracting Investor Attention: Here is What You Should Know
Neutral
Business Wire
1 week ago
SLB OneSubsea signs agreement with Vår Energi for upcoming subsea developments in Norway
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) has announced an agreement between its OneSubsea™ joint venture and Vår Energi to deliver a sizeable subsea production systems (SPS) work scope. This award leverages the existing strategic subsea partnership agreement between the two companies for standardized subsea equipment, supporting multiple upcoming oil and gas developments on the Norwegian Continental Shelf (NCS). Under this SPS pre-commitment program, work commences immediately to deliver two e.
SLB OneSubsea signs agreement with Vår Energi for upcoming subsea developments in Norway
Neutral
Forbes
1 week ago
Ex-Div Reminder For Schlumberger
On 2/5/25, Schlumberger will trade ex-dividend, for its quarterly dividend of $0.285, payable on 4/3/25. As a percentage of SLB's recent stock price of $40.28, this dividend works out to approximately 0.71%, so look for shares of Schlumberger Ltd to trade 0.71% lower — all else being equal — when SLB shares open for trading on 2/5/25.
Ex-Div Reminder For Schlumberger
Positive
MarketBeat
2 weeks ago
5 Stocks With Above-Market Yields Just Raised Payments Further
With the stock market going through its first earnings season of 2025, companies are making important announcements. This includes the approval of share buyback programs, as well as dividend increases.
5 Stocks With Above-Market Yields Just Raised Payments Further
Positive
Zacks Investment Research
2 weeks ago
SLB and Aker Solutions Win Contract for Carbon Capture in Norway
SLB and Aker Solutions win a key contract to deploy a modular carbon capture plant at Hafslund Celsio's Oslo facility, marking a crucial step in Norway's Longship CCS project.
SLB and Aker Solutions Win Contract for Carbon Capture in Norway
Charts implemented using Lightweight Charts™