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Schlumberger - SLB STOCK NEWS

Welcome to our dedicated page for Schlumberger news (Ticker: SLB), a resource for investors and traders seeking the latest updates and insights on Schlumberger stock.

Schlumberger Limited (SLB) is a global leader in providing technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Operating in more than 85 countries and employing a diverse workforce of over 140 nationalities, Schlumberger offers a comprehensive range of products and services. These extend from exploration through to production, including integrated pore-to-pipeline solutions that enhance hydrocarbon recovery and optimize reservoir performance.

SLB is the largest oilfield service company in the world, renowned for its expertise in various disciplines such as reservoir performance, well construction, and production enhancement. In recent years, SLB has also ventured into digital solutions, maintaining its status as a leading innovator in the industry. This continuous innovation has helped the company secure a dominant share in numerous end markets.

Among its recent achievements, Schlumberger has made significant advancements in digital technology and sustainability efforts. Their cutting-edge digital platforms aim to transform the way oil and gas operations are conducted, enhancing efficiency and reducing environmental impact.

Financially, SLB has demonstrated resilience and growth, marked by robust quarterly earnings and strategic partnerships. The company remains committed to driving progress in the oil and gas industry, making it an attractive option for investors looking for stability and innovation.

Stay updated on the latest developments, financial performance, and projects of Schlumberger Limited by visiting their official website or following the latest news releases.

News
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SLB reports Q3 2023 results with revenue of $8.31 billion, a 3% increase sequentially and 11% increase YoY.
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SLB, AWS, and Shell sign collaboration agreement for digital workflows
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SLB's End-to-end Emissions Solutions introduces a compact methane monitoring system for oil and gas operations. The device enables fast and affordable deployment at any scale, automates continuous monitoring, and supports reporting requirements. It provides operators with industry-leading leak detection sensitivity and a practical pathway to address emissions. The announcement was made as part of ADIPEC.
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SLB launches carbon storage screening and ranking solution to increase confidence in site selection decisions for CCUS projects.
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OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, will drive innovation and efficiency in subsea production. It aims to improve asset performance, increase energy efficiency, and reduce CO2 emissions. OneSubsea's extensive technology portfolio and engineering expertise will address future market trends and needs. SLB holds a 70% equity stake in the joint venture. No concrete numbers or percentages are provided in the PR.
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SLB will hold a conference call on October 20, 2023 to discuss Q3 results. A press release will be issued at 7:00 am US Eastern time. Webcast available. Replay available until November 20, 2023.
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Robert Trainer joins Voyager Interests as Partner
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SLB (NYSE: SLB) announced second-quarter results, with revenue of $8.10 billion, a 5% sequential and 20% year-on-year increase. GAAP EPS increased 11% sequentially and 7% year-on-year. Net income attributable to SLB increased 11% sequentially and 8% year-on-year. Adjusted EBITDA increased 10% sequentially and 28% year-on-year. The board approved a quarterly cash dividend of $0.25 per share.
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SLB awarded five-year contract by Petrobras for digital transformation using AI and cloud-based technologies. The investment will accelerate decision making and help Petrobras achieve decarbonization and net zero targets.
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FAQ

What is the current stock price of Schlumberger (SLB)?

The current stock price of Schlumberger (SLB) is $41.74 as of February 21, 2025.

What is the market cap of Schlumberger (SLB)?

The market cap of Schlumberger (SLB) is approximately 60.5B.

What does Schlumberger Limited do?

Schlumberger Limited provides technology for reservoir characterization, drilling, production, and processing to the oil and gas industry.

In how many countries does Schlumberger operate?

Schlumberger operates in more than 85 countries.

How diverse is the Schlumberger workforce?

Schlumberger employs people from over 140 nationalities.

What are Schlumberger's core business areas?

Schlumberger's core business areas include reservoir performance, well construction, production enhancement, and digital solutions.

Why is Schlumberger considered a leader in the industry?

Schlumberger is considered a leader due to its comprehensive range of services, innovative technology, and dominant market share in various sectors.

What recent advancements has Schlumberger made?

Schlumberger has made significant advancements in digital technology and sustainability efforts aimed at transforming oil and gas operations.

How is Schlumberger performing financially?

Schlumberger has shown resilience and growth, with strong quarterly earnings and strategic partnerships.

Where can I find the latest news about Schlumberger?

The latest news about Schlumberger can be found on their official website and through news releases.

What makes Schlumberger innovative?

Schlumberger's commitment to technology and digital solutions make it one of the industry's leading innovators.

Can I apply for a job at Schlumberger?

Yes, you can apply for a position at Schlumberger by visiting careers.slb.com.
Schlumberger

NYSE:SLB

SLB Rankings

SLB Stock Data

60.49B
1.40B
0.19%
84.66%
3.54%
Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
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United States
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