Text size Spending on offshore oil drilling is expected to rise in coming years. Carina Johansen/Bloomberg Offshore oil drilling has been growing slowly in recent years as energy companies have hesita...
Tag: Schlumberger
Schlumberger Stock Could Rise 45% From Here
Shareholders and analysts got a nice report from SLB, formerly known as Schlumberger (SLB) , Friday morning as the company announced better-than-expected fourth-quarter numbers on strong oilfield ser...
Should you buy Schlumberger stock on a solid Q4 report?
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 importa...
Schlumberger beat earnings expectations, gave ‘very compelling’ outlook and raised dividend, stock rises
Shares of Schlumberger Ltd. SLB, +0.17% 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 i...
Stock Market Investing Action Plan: Netflix, Schlumberger Earnings; Will Oil Top $80?
The stock market showed modest signs of rising strength as the young uptrend gained a dash of momentum. Industrials and materials stocks continue to gather strength, and oil prices are back near the u...
Stocks This Week: Buy Schlumberger And Hess
AP Photo/Ross D. Franklin, File Copyright 2022 The Associated Press. All rights reserved. The top six stocks in the technical/cycles screens are all in the energy sector. Readers may recall the bullis...
Amazon And Other Analysts’ Favorite Stocks Face-Planted In 2022, Can This Year’s Crop Do Better?
Amazon fulfillment center in Wales. (Photo by Matthew Horwood/Getty Images Getty Images When 2022 began, AmazonAMZN was Wall Street analysts’ favorite stock. Thirty-one analysts said to buy it, with n...
SLB’s New Name Comes At An Inflection Point For Digital And Decarbonization
SLB Company Logo SLB For any company, a change in name presents a risk of brand recognition loss, at least in the short term. That would seem to be especially true for a company that has operated unde...
Small-Cap Stocks Have Rarely Been So Depressed. 7 to Buy Now.
Longtime investor Nicholas F. Galluccio has seen his fair share of market turmoil, but one thing has remained constant over nearly four decades: a focus on finding small stocks with big prospects. Gal...
Schlumberger changes name to SLB with focus on decarbonization
Schlumberger Ltd. SLB, +10.33% said Monday it has changed its name to SLB to underscore its shift from an oil services company to a business focused on decarbonized energy. The new name affirms SLB...
Schlumberger Beats Profit Estimates as International Drilling Ramps Up
(Bloomberg) — Schlumberger posted its highest profit in seven years as overseas drillers put oil and gas rigs back to work, following North America’s lead amid tight global supplies. Most Read f...
Inside Baker Hughes’ Vision For The Energy Transition
Emily Pickrell, UH Energy Scholar Baker Hughes Company logo and models of an oil rig, pump jack and oil barrels are pictured in this … [+] illustration photo taken in Kyiv on 19 August, 2021. (P...
Oil Doesn’t Have to Boom for These Companies to Thrive
Oil-and-gas companies aren’t anywhere close to drilling as much as they did in 2014, but some oil-field service companies are squeezing out profit as if they were. Schlumberger said on Friday that its...
American Express, Verizon, Schlumberger and more
Check out the companies making headlines before the bell: American Express (AXP) – American Express rallied 4.5% in the premarket after beating top and bottom line estimates for the second quarter. Ca...
Consider These Signs When Deciding Whether to Wade Into the Market
Text size Some strategists see more pain ahead for global stocks even as they plan for better days. Dreamstime The hesitancy to buy this dip in global stocks is real. Whether it’s concern that the Fed...
Is the Stock Market Open Today? Here Are Hours for Easter Monday 2022.
Text size Dreamstime U.S. investors eager to trade after the holiday weekend will have plenty of news to digest, thanks to corporate earnings. More than 100 companies are slated to report this week—an...
Oil Is Surging. Why Oil Stocks Are Down.
Text size Oil prices are higher, but concerns about economic growth are weighing on oil stocks. Mario Tama/Getty Images Oil prices soared on Thursday after Russia invaded Ukraine. But oil stocks were ...
Ex-Div Reminder For Schlumberger
On 2/8/22, Schlumberger will trade ex-dividend, for its quarterly dividend of $0.125, payable on 4/7/22. As a percentage of SLB’s recent stock price of $39.49, this dividend works out to approxi...
Should I buy Schlumberger shares after Q4 results?
Schlumberger Limited (NYSE: SLB) shares have advanced more than 20% since the beginning of 2022 year, and the company reported strong fourth-quarter results this Friday. Schlumberger lowered its debt ...
Schlumberger Q4 Earnings Beat, Sees ‘Favorable’ 2022 Oilfield Service Fundamentals
Oilfield service leader Schlumberger’s (SLB) fourth-quarter earnings beat analyst expectations Friday, following a mixed report from Baker Hughes (BKR) Thursday. BKR stock briefly cleared a buy ...
Schlumberger shares rise premarket after company tops earnings estimates and offers upbeat outlook
Schlumberger Ltd. shares SLB, -0.13% rose 1.4% premarket Friday, after the energy giant beat estimates for the fourth quarter and said it expects demand-led capital spending in the sector to create a ...
Why Schlumberger and Other Oil Services Firms Are Early in Their Comeback Story
Text size Schlumberger well service trucks. A Piper Sandler analyst thinks Schlumberger stock could rise 29%. Dreamstime Companies producing and selling oil have been the most prominent beneficiaries ...