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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.
Oil Services ETFs should gain on upbeat earnings. These ETFs have a strong Zacks Rank.
Concern over peak oil prices is a thing of the past as there is more demand than the industry knows what to do with now.
Cramer went over the oil company's fourth-quarter earnings report on Tuesday.
Recently, Zacks.com users have been paying close attention to Schlumberger (SLB). This makes it worthwhile to examine what the stock has in store.
Schlumberger Limited (NYSE:SLB ) Q4 2022 Earnings Conference Call January 20, 2023 9:30 AM ET Company Participants ND Maduemezia - Vice President, Investor Relations Olivier Le Peuch - Chief Executive Officer Stephane Biguet - Chief Financial Officer Conference Call Participants James West - Evercore ISI David Anderson - Barclays Chase Mulvehill - Bank of America Arun Jayaram - JPMorgan Chase Scott Gruber - Citigroup Roger Read - Wells Fargo Luke Lemoine - Piper Sandler Kurt Hallead - Benchmark Operator Ladies and gentlemen, thank you for standing by. And welcome to the SLB Earnings Conference Call.
Schlumberger NV (NYSE: SLB) is in focus this morning after the oil services company reported better-than-expected results for its fiscal fourth quarter. Schlumberger expects a strong 2023 More importantly, Schlumberger is confident that it'll have a strong 2023 on continued demand and increased investments in oilfield services.
Schlumberger (SLB) delivered earnings and revenue surprises of 2.90% and 0.74%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
SLB topped Q4 estimates and the oilfield service giant is optimistic about energy demand in 2023. The post SLB Stock Rises On Strong Earnings, Bullish 2023 Outlook For Oil And Gas appeared first on Investor's Business Daily.
Schlumberger beat earnings expectations, gave ‘very compelling' outlook and raised dividend, stock rises
Shares of Schlumberger Ltd. SLB, +0.44% edged up 0.2% in premarket trading Friday, even after the oil services company reported fourth-quarter profit and revenue that beat expectations and increased its quarterly dividend by 43%.