Schlumberger(SLB)
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Solid Control Drilling Waste Management Market Size to Hit $3.23 Billion by 2035 | Research by SNS Insider
Globenewswire· 2026-01-30 04:00
Market Overview - The Solid Control Drilling Waste Management Market was valued at USD 1.50 billion in 2025 and is projected to reach USD 3.23 billion by 2035, growing at a CAGR of 8.06% from 2026 to 2035 [1][5]. Market Drivers - The increase in global oil and gas drilling activities is driving the demand for effective solid control and waste management systems due to the significant amount of drilling waste produced [1]. - Companies are focusing on implementing advanced separation technology and treatment solutions to manage contaminated drilling fluids and materials safely [1]. - Environmental protection regulations are encouraging operators to adopt eco-friendly disposal methods, further boosting market demand [1]. Key Market Segmentation By Waste Type - Contaminated Oil Based Muds held a dominant market share of approximately 58% in 2025, attributed to the large volume of hazardous muds generated from oil and gas drilling operations [6]. - The Waste Lubricants segment is expected to grow at the fastest CAGR from 2026 to 2035 due to increasing drilling operations and stricter environmental regulations [6]. By Application - The Onshore segment dominated the market with around 61% share in 2025, driven by the high number of land-based drilling projects [7]. - The Offshore segment is anticipated to grow at the fastest CAGR from 2026 to 2035, fueled by increasing deepwater and offshore oil and gas exploration activities [7]. By End-Use - The Oil & Gas sector accounted for approximately 69% of the market share in 2025, due to extensive use of drilling fluids and high-volume waste generation [8]. - The Geothermal Energy segment is projected to grow at the fastest CAGR from 2026 to 2035, driven by a rising focus on renewable energy and increasing geothermal drilling projects [8]. By Service Type - Solid Control services represented about 41% of the market in 2025, as they are essential for separating solids from drilling fluids [9]. - The Waste Treatment & Disposal segment is expected to experience the fastest growth from 2026 to 2035, driven by increasing environmental regulations and sustainability initiatives [9]. Regional Insights - North America led the market with a revenue share of approximately 38% in 2025, due to extensive oil and gas drilling activities in the U.S. and Canada [11]. - The Asia Pacific region is expected to grow at the fastest CAGR of about 9.39% from 2026 to 2035, driven by rising oil and gas exploration activities and growing investments in drilling infrastructure [11]. Competitive Landscape - Key players in the market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, and others [4]. - Recent developments include TWMA securing a $15 million drilling waste management contract for BP's Mediterranean project and Schlumberger partnering with Cactus Drilling to optimize drilling operations [15].
SLB wins two contracts from PDO for Oman’s Block-6
Yahoo Finance· 2026-01-29 11:10
SLB has secured two contracts spanning five years from Petroleum Development Oman (PDO) to provide wellheads and artificial lift technologies for Block-6, the largest oil and gas concession in Oman. Block-6 is an onshore conventional oilfield in Oman, operated by PDO. The field is owned by the Government of Oman, PTT Public, Shell and TotalEnergies. The agreements are designed to improve production efficiency and increase recovery rates, while also supporting in-country value. Under the terms of the c ...
SLB Secures Five-Year Technology Deals in Oman’s Largest Oil Concession
Yahoo Finance· 2026-01-28 18:41
Global energy technology firm SLB has secured two five-year contracts from Petroleum Development Oman (PDO), strengthening its role in one of the Middle East’s most strategically important upstream provinces as Oman looks to maximize recovery from mature assets while building domestic industrial capacity. SLB told Oilprice.com that under this agreement, it will supply wellheads and artificial lift systems for operations in Block-6, Oman’s largest oil and gas concession and the backbone of the country’s ...
Are Wall Street Analysts Predicting SLB N.V. Stock Will Climb or Sink?
Yahoo Finance· 2026-01-28 18:09
SLB N.V. (SLB), formerly known as Schlumberger Limited, is a leading global oil-field services company that provides technology, drilling, evaluation, well-construction and production systems to upstream oil and gas companies worldwide. The firm is headquartered in Houston, Texas. SLB’s market cap stands at $75.7 billion. The stock has significantly outperformed the broader market over the past year. SLB has already surged 29.2% on a year-to-date (YTD) basis and around 20% over the past 52 weeks, outpaci ...
[BrokerRatings]Analyst Ratings: Tech and Industrials Lead Strong Buy Momentum
Stock Market News· 2026-01-27 14:13
Technology leads the charge with 5 stocks (META, CSCO, FTNT, MCHP, MU) recently rated strong buy by analysts. Industrials also gain traction with upgrades for SLB, PWR, and KNX on Monday, Friday, and Thursday. Average target upsides suggest robust momentum. However, some financial and industrial names saw downgrades to Hold, indicating selective market sentiment.On Monday, January 26, 2026, Meta Platforms Inc. (META), a mega-cap technology company with a market capitalization of approximately $1.69 trillion ...
SLB price target raised to $54 from $51 at RBC Capital
Yahoo Finance· 2026-01-27 13:06
RBC Capital analyst Keith Mackey raised the firm’s price target on SLB (SLB) to $54 from $51 and keeps an Outperform rating on the shares. The company delivered Q4 results slightly ahead of the Street expectations and guidance for 2026 was in-line with consensus but slightly weighted toward the second half as SLB sees modest upstream improvement driven by Latin America and Middle East/Asia, the analyst tells investors in a research note. RBC adds that it continues to see solid long-term value in SLB at thes ...
美油企称:可迅速扩大在委业务
Yang Shi Xin Wen Ke Hu Duan· 2026-01-27 06:44
当地时间1月23日,美国油田服务商SLB公司(前称斯伦贝谢Schlumberger)表示,在获得必 要许可并满足安全与合规要求的前提下,公司可以迅速扩大在委内瑞拉的业务活动。 据悉,SLB近期与白宫官员会晤,讨论潜在的对委内瑞拉投资机会。SLB目前是唯一仍在委 内瑞拉开展实际业务的国际油服公司,为雪佛龙在其许可框架下提供服务。雪佛龙也是目前 唯一在委内瑞拉生产原油的美国大型石油公司。 美油企称若条件具备可迅速扩大在委内瑞拉业务。 与此同时,竞争对手哈里伯顿公司也表示,一旦商业和法律条件明朗、付款确定性得到解 决,将寻求重新进入委内瑞拉市场。该公司称,相关许可证机制预计将逐步到位,并已开始 为委内瑞拉岗位招募工程师和技术人员。 SLB表示,公司十多年前在委内瑞拉的年收入峰值曾超过10亿美元,当地员工一度超过3000 人,目前仍保留设施、设备和人员基础。分析人士认为,若委内瑞拉能源领域重新对外开 放,SLB和哈里伯顿将是最有可能受益的油服企业。 1月3日凌晨,美国对委内瑞拉发动大规模军事打击,强行控制委总统马杜罗及其妻子并将他 们带到美国。特朗普政府宣称将"管理"委内瑞拉并开采其巨大的石油储备。 责任编辑:王奕博 ...
SLB Analysts Increase Their Forecasts After Q4 Earnings
Benzinga· 2026-01-26 17:21
SLB Limited (NYSE:SLB) reported Friday fourth-quarter results that showed sequential improvement as global upstream activity stabilized.Fourth-quarter revenue totaled $9.745 billion, up 5% from a year earlier and above the $9.547 billion analyst estimate. Diluted GAAP earnings per share were 55 cents, down from 77 cents a year earlier, while diluted EPS, excluding charges and credits, was 78 cents, down from 92 cents a year earlier but ahead of the 74-cent estimate.“Although 2025 presented a challenging bac ...
SLB (NYSE: SLB) Maintains Strong Position in Oilfield Services Sector
Financial Modeling Prep· 2026-01-26 17:00
Core Viewpoint - SLB is experiencing strong financial performance, leading to an increased price target from Barclays, reflecting confidence in the company's growth potential [2][5]. Financial Performance - SLB's fourth-quarter revenue reached $9.7 billion, marking an increase of $817 million, or 9%, from the previous quarter [3][5]. - The growth included $300 million attributed to an additional month of consolidation from the acquired ChampionX businesses; excluding ChampionX, revenue still rose by 6% sequentially [3]. Stock Performance - The current stock price for SLB is $49.15, with a slight decrease of 0.34% or $0.17 [4][5]. - The stock has fluctuated between a low of $48.84 and a high of $51.67 today, with the latter being the highest price over the past year; the lowest price in the past year was $31.11 [4][5]. - SLB has a market capitalization of approximately $73.43 billion, with a trading volume of 39.32 million shares today [4]. Analyst Ratings - Barclays has maintained an "Overweight" rating for SLB and raised the price target to $49 from $47, indicating positive sentiment towards the company's future performance [2][5].
Interpreting SLB (SLB) International Revenue Trends
ZACKS· 2026-01-26 15:16
Have you assessed how the international operations of SLB (SLB) performed in the quarter ended December 2025? For this world's largest oilfield services company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors ...