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Today's “Halftime Report” Investment Committee, Stephanie Link, Joe Terranova, Josh Brown and Sarat Sethi give their top picks to watch for the second half.
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.
Jason Snipe and Stephanie Link join CNBC's 'Halftime Report' to break down their energy trades.
SLB's (SLB) 4Q adjusted EPS came in at $0.86 versus an estimated $0.84 and revenue came in at $8.99B versus an estimated $8.98B. Rakesh Jaggi recaps SLB's earnings and talks about how SLB uses cloud technology in oil and gas production.
Oilfield firm SLB said on Wednesday the carrying value of its net assets in Russia was about $600 million as of Dec. 31, 2023.
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.
SLB reached oversold levels not seen since the regional banking crisis on negative energy sentiment. The Q4 earnings were excellent and the company reiterated its bullish guidance for the next few years. Buying now could yield 30%-40% returns over the next 12-18 months.
Schlumberger Limited (SLB) Q4 2023 Earnings Call Transcript
SLB Q4 earnings suffer due to a decline in profitability in Asset Performance Solutions, impacted by lower commodity prices in Canada.
Although the revenue and EPS for Schlumberger (SLB) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.