Back to top
more

Schlumberger (SLB)

(Real Time Quote from BATS)

$48.32 USD

48.32
2,665,999

+0.46 (0.96%)

Updated May 9, 2024 02:47 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 41% (148 out of 250)

Industry: Oil and Gas - Field Services

Better trading starts here.

Zacks News

Williams (WMB) Q1 Earnings Beat Estimates, Revenues Miss

Williams (WMB) expects adjusted EBITDA in the range of $6.8-$7.1 billion in the top half of 2024 and growth capex in the band of $1.45-$1.75 billion for 2024.

Schlumberger Limited (SLB) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Schlumberger (SLB). This makes it worthwhile to examine what the stock has in store.

Canadian Natural's (CNQ) Q1 Earnings Fall Y/Y, Sales Beat

Canadian Natural Resources (CNQ) expects a production increase to 1,455 MBOE/d by the end of 2024, prioritizing the augmentation of thermal and oil sands mining output at 724,000-743,000 barrels per day.

Targa Resources (TRGP) Q1 Earnings Miss Estimates, Rise Y/Y

Targa (TRGP) expects 2024 growth capital expenditures between $2.3 billion and $2.5 billion, with net maintenance capital spending of $225 million.

TC Energy (TRP) Q1 Earnings Increase Y/Y, Sales Beat Estimates

TC Energy (TRP) expects capital expenditures and comparable EBITDA to be in the band of C$8.0-C$8.5 billion and C$11.2-C$11.5 billion, respectively, for 2024.

Coterra Energy (CTRA) Q1 Earnings and Revenues Beat Estimates

Coterra Energy (CTRA) expects its budgeted capital spending to be between $1.75 billion and $1.95 billion for 2024. It also anticipates a discretionary cash flow of $3.1 billion and a free cash flow of $1.3 billion for the year.

Equinor (EQNR) SLB & Subsea7 Join Forces for Offshore Projects

Equinor's (EQNR) collaboration with SLB and Subsea7 is set to transform offshore exploration, unlocking vast reserves at Norway's Wisting and Canada's Bay du Nord fields.

Cheniere (LNG) Q1 Earnings Decline Y/Y, Sales Beat Estimates

Cheniere (LNG) expects consolidated adjusted EBITDA in the range of $5.5-$6 billion and distributable cash flow in the band of $2.9-$3.4 billion for full-year 2024.

Patterson-UTI (PTEN) Q1 Earnings and Sales Beat Estimates

Patterson-UTI (PTEN) expects Completion Services revenues of $860 million for the second quarter, with direct operating costs of $690 million and adjusted gross profit of $170 million.

ProPetro (PUMP) Q1 Earnings Beat Estimates, Revenues Fall Y/Y

ProPetro (PUMP) expects effective fleet utilization of 14-15% for the second quarter. It also anticipates capital expenditures in the range of $200-$250 million for 2024.

Marathon (MRO) Q1 Earnings Beat on Oil Price Improvement

Marathon Oil (MRO) spends $503 million in capital and exploratory expenditures during the quarter and rakes in $$239 million in adjusted free cash flow.

Northern (NOG) Q1 Earnings & Revenues Outpace Estimates

Northern (NOG) expects to spend in the range of $240-$260 million in the second quarter. The total budget for 2024 is projected to be between $825 million and $900 million.

Transocean (RIG) Q1 Loss Narrower Than Expected, Revenues Miss

Transocean (RIG) anticipates annual O&M expenses to be in the range of $2.2-$2.3 billion, with general and administrative expenses of $210 million for full-year 2024.

Imperial (IMO) Q1 Earnings Rise Y/Y, Sales Lag Estimates

Imperial (IMO) expects production in the band of 420,000-442,000 barrels per day and 385,000-400,000 in the Upstream and Downstream segments, respectively, with capacity utilization of 89-92% for 2024.

Investors Heavily Search Schlumberger Limited (SLB): Here is What You Need to Know

Schlumberger (SLB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Halliburton (HAL) Q1 Earnings Beat on International Strength

Stronger-than-expected profit from its Completion and Production division helps Halliburton (HAL) gift investors another estimate-beating quarter.

The Zacks Analyst Blog Highlights Novartis, American Express, ConocoPhillips, Netflix and Schlumberger

Novartis, American Express, ConocoPhillips, Netflix and Schlumberger are part of the Zacks top Analyst Blog.

Sheraz Mian headshot

Top Analyst Reports for Novartis, American Express & ConocoPhillips

Today's Research Daily features new research reports on 16 major stocks, including Novartis AG (NVS), American Express Company (AXP) and ConocoPhillips (COP).

SLB Secures Three Contracts for Petrobras' Buzios Oil Field

SLB's electrification deal with Petrobras promises enhanced production control and reliability, signaling a transformative shift toward digitalized production systems in Brazil's pre-salt reserves.

Schlumberger (SLB) Q1 Earnings and Revenues Top Estimates

Schlumberger (SLB) delivered earnings and revenue surprises of 1.35% and 0.26%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Schlumberger (SLB) Tops Q1 Earnings and Revenue Estimates

Schlumberger (SLB) delivered earnings and revenue surprises of 1.35% and 0.26%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

SLB Q1 Earnings Beat Estimates, Revenues Rise Year Over Year

SLB's Q1 earnings gain from robust international market activity and significant revenue growth on the back of Aker subsea venture.

Is a Surprise Coming for Schlumberger (SLB) This Earnings Season?

Schlumberger (SLB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Want Better Returns? Don?t Ignore These 2 Oils and Energy Stocks Set to Beat Earnings

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Will Schlumberger (SLB) Beat Estimates Again in Its Next Earnings Report?

Schlumberger (SLB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.