Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide. It operates in four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company offers reservoir interpretation and data processing services; open and cased-hole, and slickline services; exploration and production pressure and flow-rate measurement services; tubing-conveyed perforating services; integrated production systems; software, consulting, information management, and IT infrastructure services; reservoir characterization, field development planning, and production enhancement consulting services; and petro technical data services and training solutions. It designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems, fluid systems and specialty equipment, production technology solutions, and engineered managed pressure and underbalanced drilling solutions; and offers environmental services and products; provides drilling and measurement, land drilling rigs, and related support services; and supplies well planning and drilling, engineering, supervision, logistics, procurement, and contracting services, as well as drilling rig management services. In addition, the company offers well services; coiled tubing equipment; hydraulic fracturing, multistage completions, perforating, coiled tubing equipment, and services; well completion services and equipment; artificial lift production equipment and optimization services; and production management services. Further, it provides integrated subsea production systems; drilling equipment and services; onshore and offshore platform wellhead systems and processing solutions; and valve and process systems. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
IPO Year:
Exchange: NYSE
Website: slb.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/8/2025 | $44.00 | Equal Weight → Overweight | Wells Fargo |
1/21/2025 | $53.00 → $55.00 | Buy | TD Cowen |
1/15/2025 | $62.00 → $44.00 | Outperform → In-line | Evercore ISI |
12/20/2024 | Buy → Neutral | Griffin Securities | |
12/19/2024 | $47.00 | Neutral | Piper Sandler |
10/21/2024 | $68.00 → $65.00 | Buy | TD Cowen |
7/22/2024 | $62.00 → $64.00 | Buy | TD Cowen |
4/29/2024 | $68.00 → $53.00 | Overweight → Equal Weight | Wells Fargo |
4/22/2024 | $64.00 → $63.00 | Buy | TD Cowen |
10/9/2023 | $81.00 | Buy | Societe Generale |
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
3 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
New well completions tech shifts production economics with fewer requirements for costly well interventions Global energy technology company SLB (NYSE:SLB) today launched Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250506243550/en/Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. Electris completions digitalize control of the entire productive area of t
New way of working helps unlock final investment decision (FID) for project offshore Trinidad and Tobago SLB (NYSE:SLB) today announced the award of a substantial engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea™ joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250505099794/en/The SLB OneSubsea facility in Taubaté, Brazil. The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SLB OneSubsea and Subsea7. Building on a long-standi
THE WOODLANDS, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ:CHX) ("ChampionX" or the "Company") today announced first quarter of 2025 results. Revenue was $864.5 million, net income attributable to ChampionX was $85.8 million, and adjusted EBITDA was $190.9 million. Income before income taxes margin was 12.1% and adjusted EBITDA margin was 22.1%. Cash from operating activities was $66.8 million and free cash flow was $38.6 million. CEO Commentary "The first quarter demonstrated the resilience of our ChampionX portfolio as we delivered strong adjusted EBITDA and adjusted EBITDA margin, and generated positive free cash flow. These results reflect the commitment o
Revenue of $8.49 billion decreased 3% year on year GAAP EPS of $0.58 decreased 22% year on year EPS, excluding charges and credits, of $0.72 decreased 4% year on year Net income attributable to SLB of $797 million decreased 25% year on year Adjusted EBITDA of $2.02 billion decreased 2% year on year Cash flow from operations of $660 million increased $333 million year on year Board approved quarterly cash dividend of $0.285 per share SLB (NYSE:SLB) today announced results for the first-quarter 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250423635499/en/The exterior of the SLB headquarters in Houston, Texas.
Includes 18 ultra-deepwater wells to be delivered over a three-year timeframe AI-enabled drilling capabilities to improve operational efficiency and well quality Global energy technology company SLB (NYSE:SLB) has been awarded a major drilling contract by Australian independent Woodside Energy (NYSE:WDS) for its ultra-deepwater Trion development project, offshore Mexico. SLB will oversee the delivery of 18 ultra-deepwater wells using an integrated services approach and AI-enabled drilling capabilities to improve operational efficiency and well quality. The full scope of the contract includes digital directional drilling services and hardware, logging while drilling (LWD), surface logg
SLB (NYSE:SLB) will hold a conference call on April 25, 2025 to discuss the results for the first quarter ending March 31, 2025. The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (833) 470-1428 within North America or +1 (404) 975-4839 outside of North America approximately 10 minutes prior to the start of the call and the access code is 114893. A webcast of the conference call will be broadcast simultaneously at https://events.q4inc.com/attendee/581727555 on a listen-only basis. Listeners should
SLB subsidiaries announce successful early tender results and amendment of Exchange Offer and Consent Solicitations Schlumberger Limited ("SLB") (NYSE:SLB) today announced the early tender results and the amendment of the previously announced offers by Schlumberger Holdings Corporation, an indirect wholly owned subsidiary of SLB ("SHC"), to exchange certain series of notes listed below (the "Existing SISA Notes"), issued by Schlumberger Investment S.A. ("SISA"), for up to $2,000,000,000 aggregate principal amount (such amount, as it may be amended, the "Maximum Exchange Amount") of new notes listed below (the "New SHC Notes"), to be issued by SHC, and to be fully and unconditionally guaran
SLB subsidiary commences offer to exchange certain outstanding existing series of notes for up to $2.0 billion aggregate principal amount of new series of notes Schlumberger Limited ("SLB") (NYSE:SLB) today announced that Schlumberger Holdings Corporation, an indirect wholly owned subsidiary of SLB ("SHC"), has commenced offers to exchange certain series of notes listed below (the "Existing SISA Notes"), issued by Schlumberger Investment S.A. ("SISA"), for up to $2,000,000,000 aggregate principal amount (such amount, as it may be amended, the "Maximum Exchange Amount") of new notes listed below (the "New SHC Notes"), to be issued by SHC, and to be fully and unconditionally guaranteed on a
SLB (NYSE:SLB) today announced that, in connection with SLB's planned acquisition of ChampionX, all applicable waiting periods under the U.S. Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 have expired, and SLB is legally permitted to close the ChampionX transaction in the United States. In conjunction with the HSR review, SLB and ChampionX have reached a definitive agreement, conditioned on the closing of SLB's acquisition of ChampionX as well as other customary closing conditions, to sell all of ChampionX's equity interests in US Synthetic Corporation (USS) to a third-party buyer. SLB will retain its MegaDiamond business to provide polycrystalline diamond compact cutters for
Flowchem ("Flowchem" or the "Company") and SCF Partners ("SCF") are pleased to announce several personnel additions. Flowchem is a leading global player in the drag reducing agent ("DRA") market, providing custom-engineered specialty chemicals to help customers around the world optimize the performance of their infrastructure. These key appointments bolster the already-strong management team in place at the time of the Company's acquisition in 2024, positioning it for continued growth and industry leadership. Shivali Agarwal has been appointed as Chief Operating Officer ("COO"). Shivali brings decades of industry operating experience in roles across the globe, most recently serving as Gr