SLB Stock Recent News
SLB LATEST HEADLINES
The latest trading day saw Schlumberger (SLB) settling at $36.30, representing a +1.88% change from its previous close.
The Investment Committee give you their top stocks to watch for the second half.
Schlumberger (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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?
Schlumberger (SLB) closed at $33.34 in the latest trading session, marking a +0.88% move from the prior day.
SLB trades at a forward P/E of 9.7-10.4 and an EV/EBITDA of 6.8, suggesting an attractive valuation. The company maintains strong financials with a 3.4% dividend yield, robust cash flow, and manageable long-term debt. SLB's market capitalization is $44.65 billion.
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.
ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 million, creating a joint venture it seeks to double in the next year, its chief financial officer said on Thursday.
Schlumberger (SLB) closed at $33.93 in the latest trading session, marking a +0.8% move from the prior day.
The headlines from President Trump's Middle East trip trumpeted the deals made by many of the leading technology companies. However, investors should note that the U.S. delegation included three oil services companies' chief executive officers (CEOs).