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Schlumberger (SLB)

(Real Time Quote from BATS)

$46.54 USD

46.54
5,916,188

-1.75 (-3.62%)

Updated May 22, 2024 02:24 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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.

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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%.

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

Bottom 36% (159 out of 249)

Industry: Oil and Gas - Field Services

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Zacks News

Wall Street Bulls Look Optimistic About Schlumberger (SLB): Should You Buy?

by Zacks Equity Research

Based on the average brokerage recommendation (ABR), Schlumberger (SLB) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

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

by Zacks Equity Research

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.

Pembina (PBA) Q1 Earnings Rise Y/Y, Sales Lag Estimates

by Zacks Equity Research

Pembina (PBA) expects adjusted EBITDA in the C$4.05-C$4.30 billion range for full-year 2024.

USA Compression (USAC) Q1 Earnings & Revenues Top Estimates

by Zacks Equity Research

USA Compression (USAC) anticipates distributable cash flow, adjusted EBITDA and net income in the range of $340-$360 million, $555-$575 million and $95-$115 million, respectively, for 2024.

Suncor Energy (SU) Q1 Earnings Rise Y/Y, Sales Top Estimates

by Zacks Equity Research

Suncor Energy (SU) expects capital expenditures in the band of C$6.3-C$6.5 billion and production in the range of 770,000-810,000 boe/d for full-year 2024.

Ovintiv (OVV) Q1 Earnings Beat Estimates, Revenues Miss

by Zacks Equity Research

Ovintiv (OVV) expects capital expenditures in the range of $2.2-$2.4 billion for full-year 2024 and in the band of $610-$650 million for the second quarter of the year.

Delek (DK) Q1 Loss Narrower Than Expected, Sales Decline Y/Y

by Zacks Equity Research

Delek (DK) expects capital expenditures of approximately $330 million, including $220 million for Refining and $70 million for Logistics, for full-year 2024.

Zacks Industry Outlook Highlights SLB, Halliburton, Baker Hughes and Smart Sand

by Zacks Equity Research

SLB, Halliburton, Baker Hughes and Smart Sand have been highlighted in this Industry Outlook article.

Nilanjan Banerjee headshot

4 Oilfield Services Stocks Set to Escape Industry Weakness

by Nilanjan Banerjee

Strict capital discipline by upstream energy companies is acting as a dampener, thereby making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, HAL, BKR and SND are expected to survive the industry challenges.

Magnolia (MGY) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

by Zacks Equity Research

Magnolia (MGY) expects D&C capital expenditures to be $120 million to $125 million for the second quarter of 2024 and between $450 million and $480 million for the entire year.

Williams (WMB) Q1 Earnings Beat Estimates, Revenues Miss

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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.