For Immediate ReleaseChicago, IL – August 5, 2024 – Today, Zacks Equity Research discusses SLB (SLB) , Baker Hughes Co. (BKR) , Helix Energy Solutions Group Inc. (HLX) and Solaris Oilfield Infrastructure Inc. (SOI) .Industry: Oilfield ServicesLink: https://www.zacks.com/commentary/2315306/4-oilfield-services-stocks-set-to-escape-industry-weaknessStrict capital discipline among upstream energy companies is reducing the demand for oilfield services, resulting in a pessimistic forecast for the Zacks Oil and Ga ...

The Investment Solidifies ILiAD's Leading Role in Global DLE Deployment SAN DIEGO, July 31, 2024 /PRNewswire/ -- ILiAD Technologies, LLC, a subsidiary of EnergySource Minerals (ESM), today announced the successful close of their funding round with a significant investment from global technology company SLB (NYSE: SLB). This investment unlocks funding to build upon the technological advantages of the ILiAD direct lithium extraction (DLE) technology platform and expands its reach for deployment at lithium pro ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file No.: 1-4601 Schlumberger N.V. (Schlumberger Limited) (Exact name of registrant as specified in its charter) Curaçao 52-0684746 (State or other jurisdiction of incorporation o ...

Last week, SLB (SLB) reported strong second-quarter 2024 results, driven by widespread activities in the international market and margin improvements across all business segments. Despite the oilfield service giant's core business capitalizing on its favorable momentum, the overall business outlook is not impressive.Before delving into the underlying reasons for the subdued outlook and addressing the critical question of how investors should strategically position themselves regarding the stock, let’s first ...

Schlumberger Limited (NYSE:SLB) Q2 2024 Results Conference Call July 19, 2024 9:30 AM ET Company Participants James McDonald - SVP of IR & Industry Affairs Olivier Le Peuch - CEO Stephane Biguet - EVP & CFO Conference Call Participants James West - Evercore ISI David Anderson - Barclays Scott Gruber - Citigroup Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Dan Kutz - Morgan Stanley Luke Lemoine - Piper Sandler Saurabh Pant - Bank of America Marc Bianchi - TD Cowen Kurt Hallead - Benchmark Operator Than ...

SLB (SLB) reported second-quarter 2024 earnings of 85 cents per share (excluding charges and credits), which beat the Zacks Consensus Estimate of 83 cents. The bottom line increased from the year-ago quarter’s level of 72 cents.The oilfield service giant recorded total quarterly revenues of $9.14 billion, which beat the Zacks Consensus Estimate of $9.07 billion. The top line also improved from the year-ago quarter’s figure of $8.10 billion.The strong quarterly results were primarily driven by broad-based in ...

Schlumberger (SLB) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.41%. A quarter ago, it was expected that this world's largest oilfield services company would post earnings of $0.74 per share when it actually produced earnings of $0.75, delivering a surprise of 1.35%.Over the last ...

News Release Exhibit 99 SLB Announces Second-Quarter 2024 Results • Revenue of $9.14 billion increased 5% sequentially and 13% year on year • GAAP EPS of $0.77 increased 4% sequentially and 7% year on year • EPS, excluding charges and credits, of $0.85 increased 13% sequentially and 18% year on year • Net income attributable to SLB of $1.11 billion increased 4% sequentially and 8% year on year • Adjusted EBITDA of $2.29 billion increased 11% sequentially and 17% year on year • Cash flow from operations was ...

CHINA - 2023/02/15: In this photo illustration, the world's largest offshore drilling company ... [+] Schlumberger (SLB) logo is seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesSLB's stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services including drilling, completion, and production solutions to upstream oil & gas ...

SLB (SLB) is set to report second-quarter 2024 results on Jul 19, 2024, before the opening bell.The Zacks Consensus Estimate for second-quarter earnings is pegged at 83 cents per share, implying growth of 15.3% from the year-ago reported number. The estimate was revised upward by one analyst in the past 30 days against two downward movements, making the earnings estimate remain the same at 83 cents per share. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $9.1 billion, indic ...