Latest News of SLB
SLB OneSubsea wins contract for bp's Kaskida project in Gulf of Mexico
SLB OneSubsea secures a contract with bp for a subsea boosting system in the Kaskida project in the US Gulf of Mexico. This marks a significant milestone in their partnership, aiming to accelerate pro...
Jim Cramer Says 'It's Been A Pretty Bad Year For Schlumberger Limited (SLB)'
Jim Cramer emphasizes fossil fuels' crucial role in technology growth, highlighting the energy demands of tech companies and the significance of natural gas for data centers. He notes the U.S.'s shift...
Jim Cramer on Schlumberger Limited (SLB): 'Given The Fact That Oil's Up, I Would Buy The Stock Right Here'
Jim Cramer highlighted the significance of maintaining emotional control and avoiding complacency in the market. Analyst Jessica Inskip predicts positive trends ahead, emphasizing the need for tech se...
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US lawmakers question oil service company's SLB's exception to Russian sanctions
By Yahoo! Finance | 3 weeks agoU.S. lawmakers across party lines are pushing for tougher sanctions on Russian oil shipments, criticizing an exception allowing oilfield company SLB to operate in Russia, contributing to Putin's war e...
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Schlumberger Ltd (SLB) Q3 2024 Earnings Call Highlights: Strong Cash Flow and Margin Expansion ...
By Yahoo! Finance | 3 weeks agoTotal Returns to Shareholders amount to approximately $2.4 billion year-to-date. CEO Olivier Le Peuch discusses strategies for margin expansion in 2025, emphasizing international growth, digital techn...
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SLB Warns Cautious Oil Explorers Have Slowed Growth in Spending
By Yahoo! Finance | 3 weeks agoSchlumberger, the largest oilfield services provider, noted a slowdown in oil explorers' spending due to cautious approach amid lower crude prices. The company expects to surpass its $3 billion target...
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SLB third-quarter profit meets estimates amid strength in digital products segment
By Yahoo! Finance | 3 weeks agoSLB (NYSE:SLB) reported Q3 profit in line with estimates, driven by strong demand for digital products and cost-cutting efforts. Revenue grew by 10% to $9.16 billion. CEO credited cost optimization, d...
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SLB price target lowered to $58 from $60 at BMO Capital
By Yahoo! Finance | 1 month agoBMO Capital reduced SLB's price target to $58 but maintains an Outperform rating. The company is expected to show strong performance in Q3 due to its technology and international leadership, with shar...
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Is Schlumberger (SLB) the Most Undervalued Large Cap Stock to Invest In Now?
By Yahoo! Finance | 1 month agoA list of undervalued large cap stocks includes Schlumberger (NYSE:SLB), focusing on its market position and potential. Analysts suggest protective strategies amid economic uncertainties and emphasize...
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Schlumberger Limited (SLB): Innovating Energy with AI and Strong Growth Prospects
By Yahoo! Finance | 1 month agoA list of 7 Best Low Cost Stocks Under $50 includes Schlumberger Limited. Recent market events like Fed rate cuts and Chinese stimulus are expected to have a positive impact. Schlumberger Limited offe...
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Amazon.com, Inc. (AMZN) Expands AWS Collaboration with SLB to Scale AI, Data, and Cloud Technologies in the Energy Sector
By Yahoo! Finance | 1 month agoAn analysis compares Amazon's AI position with other stocks. The AI industry sees a shift towards utility and power firms. Businesses are outpacing academics in training AI models. Hedge funds' stock ...
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Schlumberger Limited (SLB): Among the Best Bargain Stocks to Buy In October
By Yahoo! Finance | 1 month agoSchlumberger Limited (NYSE:SLB) is among the 8 best bargain stocks to buy in October. With strong partnerships and a focus on technology and AI, it offers promising investment potential. Consider it f...
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Why Are Analysts Bullish On Schlumberger Limited (SLB) Right Now?
By Yahoo! Finance | 1 month agoThe economic landscape for investors in 2024 presents both challenges and opportunities. Schlumberger Limited (NYSE:SLB) stands out among the 8 Best Stocks Under $50. The company's strong Q2 results, ...
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Schlumberger (NYSE:SLB) Leverages NVIDIA Alliance and Strong Q2 Performance for Future Growth
By Yahoo! Finance | 1 month agoSchlumberger's recent performance includes a 5% revenue increase in the second quarter and partnerships like the one with NVIDIA for AI solutions. Despite facing challenges like U.S. land drilling dec...
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SLB and AWS Partner to Boost Digital and Low-Carbon Innovation
By Yahoo! Finance | 1 month agoSchlumberger (SLB) and Amazon Web Services (AWS) have extended their partnership to enhance access to digital platforms and deploy low-carbon technologies in the energy industry. This collaboration ai...