SLB Stock Recent News

The reduction in capital expenditures by SLB's customers is likely to have dampened demand for the company's products & services throughout the second quarter, with indications that this trend will persist.

Schlumberger (SLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

In the closing of the recent trading day, Schlumberger (SLB) stood at $45.28, denoting a +0.18% change from the preceding trading day.

Schlumberger Limited's strategic moves and partnerships, particularly with TotalEnergies, position it well for long-term growth. Diversification into production chemicals and AI, along with strong international demand, support Schlumberger Limited's potential for success. Attractive valuation, projected EPS growth, and commitment to shareholder returns make Schlumberger Limited a compelling investment opportunity.

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has announced the award of a contract by TotalEnergies (NYSE: TTE) to its OneSubsea™ joint venture for a 13-well Subsea Production System scope, including associated equipment and services, in the development of the Kaminho project, offshore Angola. The project will be developed by TotalEnergies and its Block 20/11 partners in two phases for the Cameia and Golfinho discoveries. Together, SLB OneSubsea and TotalEnergies will work to deli.

SLB and TotalEnergies enter into a 10-year collaboration to co-develop scalable digital solutions, focusing on enhancing energy resource access and efficiency through advanced AI technologies.

Oilfield services company SLB said on Tuesday it has received a second request for additional information from the United States Department of Justice in connection with its $7.75 billion acquisition deal for smaller rival ChampionX.

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced that, as expected, it and ChampionX (NASDAQ: CHX) have each received a request for additional information (second request) from the United States Department of Justice (DoJ) in connection with the DoJ's review of SLB's previously announced planned acquisition of ChampionX. SLB currently expects the transaction to close in the fourth quarter of 2024 or the first quarter of 2025, pending regulatory approvals and other cust.

LONDON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) and TotalEnergies (NYSE: TTE) today announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a flexible framework for the companies to work together on addressing key challenges across the energy value chain, including carbon capture, utilization, and sequestration (CCUS). The companies will integrate advanced di.