Company Performance - Schlumberger's stock closed at $33.34, reflecting a +0.88% change from the previous trading day's close, outperforming the S&P 500's gain of 0.41% [1] - Over the past month, Schlumberger's shares have depreciated by 4.84%, underperforming the Oils-Energy sector's gain of 4.15% and the S&P 500's gain of 6.13% [2] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $0.77, indicating a 9.41% decline compared to the same quarter last year [3] - Revenue is projected to be $8.49 billion, showing a 7.08% drop compared to the year-ago quarter [3] - Full-year estimates predict earnings of $3.18 per share and revenue of $35.98 billion, representing year-over-year changes of -6.74% and -0.84%, respectively [4] Analyst Estimates and Rankings - Recent changes in analyst estimates for Schlumberger reflect short-term business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank for Schlumberger is currently 4 (Sell), with the Zacks Consensus EPS estimate moving 2.27% lower in the past month [6] Valuation Metrics - Schlumberger has a Forward P/E ratio of 10.4, compared to the industry average of 14.53, suggesting it is trading at a discount [7] - The company has a PEG ratio of 8.32, significantly higher than the industry average PEG ratio of 2.39 [8] - The Oil and Gas - Field Services industry, which includes Schlumberger, holds a Zacks Industry Rank of 189, placing it in the bottom 24% of all industries [8]

A few months ago, I sold SLB ( SLB ) (formerly known as Schlumberger) stock after the oil price decline, subsequent notices of drilling cutbacks, tariff effect uncertainty, and when a fellow Seeking Alpha member mentioned, in response to myLaura Starks is the founder and CEO of Starks Energy Economics, LLC (since 2007). She has a degree in chemical engineering and an MBA with a concentration in finance which she has used for many years to invest personally and to share her ideas about energy companies. Her ...

Company Performance - Schlumberger's stock closed at $33.93, with a slight increase of +0.8% from the previous trading session, underperforming the S&P 500 which gained 2.05% [1] - Over the past month, Schlumberger's shares have decreased by 1.29%, while the Oils-Energy sector and the S&P 500 have increased by 1.87% and 5.21% respectively [1] Earnings Forecast - The upcoming earnings report is expected to show an EPS of $0.77, reflecting a decline of 9.41% compared to the same quarter last year [2] - Revenue is projected at $8.49 billion, indicating a decrease of 7.08% from the equivalent quarter last year [2] - For the entire fiscal year, earnings are estimated at $3.18 per share and revenue at $35.98 billion, representing declines of 6.74% and 0.84% respectively from the previous year [3] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for Schlumberger are being monitored, as positive revisions may indicate an optimistic business outlook [4] - The Zacks Rank system currently rates Schlumberger as 4 (Sell), with the consensus EPS estimate having decreased by 5.5% in the past month [6] - Schlumberger's Forward P/E ratio is 10.59, which is lower than the industry average of 14.47 [7] - The company has a PEG ratio of 8.47, significantly higher than the industry average PEG ratio of 2.4 [8] Industry Context - The Oil and Gas - Field Services industry, which includes Schlumberger, has a Zacks Industry Rank of 172, placing it in the bottom 31% of over 250 industries [9]

SLB (SLB) , an American oilfield services company, has launched Electris, a new portfolio of digitally enabled electric well completion technologies designed to enhance hydrocarbon recovery and lower operational costs. The global energy technology firm stated that the Electris suite provides real-time production intelligence across the reservoir, enabling operators to maximize output and minimize costly well interventions.SLB’s Electris Enhances Reservoir ManagementAccording to SLB, Electris completions dig ...

Schlumberger (NYSE: SLB ) may face certain headwinds as the production environment softens as a result of new barrels coming onto the market through OPEC+. Despite the potential market challenges, Schlumberger is finding strength inMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Informati ...

A promise to continue returning billions of dollars to shareholders couldn't make up for a lackluster first quarter from Schlumberger (SLB -1.23%) on Friday. After the company unveiled those results, investors generally traded out of the stock and left it with a nearly 2% loss on the day. Meanwhile, the S&P 500 index landed in positive territory with a 0.6% increase.Drops in headline fundamentalsBoth revenue and profitability declined for Schlumberger on a year-over-year basis during the quarter. The former ...

Schlumberger (SLB) Q1 2025 Earnings Call April 25, 2025 04:39 PM ET Company Participants James McDonald - Senior Vice President of Investor Relations and Industry AffairsOlivier Le Peuch - CEOStephane Biguet - Executive VP & CFOJ. David Anderson - Managing DirectorScott Gruber - Director - Oilfield Services & Equipment ResearchNeil Mehta - Head of Americas Natural Resources Equity ResearchStephen Gengaro - Managing DirectorKeith Mackey - Director - Global Equity Research, Oil & Gas Services Conference Call ...

SLB (SLB) reported first-quarter 2025 earnings of 72 cents per share (excluding charges and credits), which missed the Zacks Consensus Estimate of 74 cents. The bottom line also decreased from the year-ago quarter’s level of 75 cents. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The oilfield service giant recorded total quarterly revenues of $8.49 billion, which missed the Zacks Consensus Estimate of $8.59 billion. The top line declined from the year-ago quarter’s figure of $8.71 ...

Revenue Performance - First-quarter 2025 revenue of $8.5 billion decreased 3% year on year, with North America revenue growing by 8% to $1.7 billion, while international revenue declined 5% to $6.7 billion[64]. - Digital & Integration revenue increased 6% year on year to $1.0 billion, driven by a 17% growth in digital revenue, despite lower APS revenue due to a temporary disruption[68]. - Reservoir Performance revenue of $1.7 billion declined 1% year on year, with a pretax operating margin of 17% decreasing by 311 basis points due to lower evaluation activity[70]. - Well Construction revenue of $3.0 billion declined 12% year on year, with a pretax operating margin of 20% decreasing by 71 basis points due to reduced drilling activity[72]. - Production Systems revenue of $2.9 billion increased 4% year on year, with a pretax operating margin of 16% increasing by 197 basis points due to improved profitability[73]. - Internationally, Latin America revenue of $1.5 billion declined 10% year on year, primarily due to reduced drilling activity in Mexico[66]. Financial Metrics - The effective tax rate for Q1 2025 was 22%, up from 19% in Q1 2024, primarily due to charges and credits that did not result in a tax benefit[85]. - Net income for the first three months of 2025 was $829 million, down from $1,098 million in the same period of 2024, representing a decrease of approximately 24.5%[92]. - Cash flow from operations increased to $660 million in Q1 2025, compared to $327 million in Q1 2024, marking a growth of approximately 102%[92]. - Free cash flow for Q1 2025 was $103 million, a significant improvement from a negative $222 million in Q1 2024[92]. - SLB's net debt increased to $10.105 billion by the end of Q1 2025, up from $8.679 billion at the end of Q1 2024[92]. Capital Investments and Shareholder Returns - Capital investments totaled $600 million in Q1 2025, up from $500 million in Q1 2024, with full-year 2025 capital investments expected to be around $2.3 billion[94]. - SLB announced a 3.6% increase in its quarterly cash dividend from $0.275 to $0.285 per share, with dividends paid in Q1 2025 amounting to $386 million compared to $357 million in Q1 2024[94]. - SLB entered into accelerated share repurchase agreements to buy back $2.3 billion of its common stock, completing the repurchase of 56.8 million shares at an average price of $40.51[94]. Cash and Liquidity - Cash as of March 31, 2025, was $2.936 billion, an increase from $2.788 billion year on year, while net debt increased to $(10.105) billion[91]. - As of March 31, 2025, SLB had $3.9 billion in cash and short-term investments, along with $5.0 billion in committed debt facilities, sufficient to meet business requirements for at least the next 12 months[93]. Other Notable Items - Charges and credits for Q1 2025 totaled $206 million, with workforce reductions accounting for $158 million of this amount[89]. - SLB recorded revenue of approximately $100 million related to the Palliser APS project in Q1 2025, with a planned cash proceeds of about $430 million from its sale expected to close in Q2 2025[96]. - Only three countries accounted for more than 5% of SLB's net receivable balance, with the United States representing over 10% and Mexico at 7%[95].

Schlumberger (SLB) came out with quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.70%. A quarter ago, it was expected that this world's largest oilfield services company would post earnings of $0.90 per share when it actually produced earnings of $0.92, delivering a surprise of 2.22%.Over the las ...