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HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the first-quarter 2025. First-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Mar. 31, 2025 Dec. 31, 2024 Mar. 31, 2024 Sequential Year-on-year Revenue $8,490 $9,284 $8,707 -9% -3% Income before taxes - GAAP basis $1,063 $1,387 $1,357 -23% -22% Income before taxes margin - GAAP basis 12.5% 14.9% 15.6% -241 bps -306 bps Net income attributable to SLB - GAAP basis $797 $1,095 $1,.
The markets faced volatility due to tariff and trade policy concerns, but the Fed's potential rate cuts could benefit the Dividend Harvesting Portfolio. The Dividend Harvesting Portfolio increased by 2.22% this week, with a total profitability of $4,100.97 and forward dividend income of $2,166.49. I added to positions in ONEOK and Blue Owl Capital Corporation, expecting them to perform well, especially if the Fed cuts rates.
SLB's Q1 earnings are likely to have gained from a favorable crude pricing environment.
Evaluate the expected performance of Schlumberger (SLB) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Schlumberger (SLB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Schlumberger (SLB) reachead $34.15 at the closing of the latest trading day, reflecting a +1.16% change compared to its last close.
Accretive oil and gas prices are likely to have aided upstream operations of BP and SLB in the first quarter of 2025.
Strict capital discipline by upstream energy companies is acting as a dampener, making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, HAL, BKR and AROC are expected to survive the industry challenges.
Three handsome dividend stocks, which investors may keep an eye on for 2025, are SLB, IMO and VRN.
Britain's competition regulator said on Thursday it might accept the measures offered by oilfield services firm SLB and smaller rival ChampionX to address antitrust concerns regarding the two companies' proposed $8 billion deal.