When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Schlumberger (SLB) .Schlumberger currently has an average brokerage recommendation (ABR) of 1.1 ...

SimonSkafar/E+ via Getty Images Schlumberger (NYSE:SLB) is in a strong global position for the next oil megatrend as more operators turn to offshore and deepwater production and seek out well optimization onshore. I believe that with the combined strength of SLB’s digital platform and subsea services, the firm is well-positioned for strong cash flow accretion, resulting in stronger shareholder returns through future dividend increases and share buybacks. I provide SLB shares a BUY recommendation with a ...

Schlumberger (SLB) ended the recent trading session at $48.56, demonstrating a -0.53% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.38%. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, lost 0.13%.The world's largest oilfield services company's shares have seen a decrease of 7.75% over the last month, not keeping up with the Oils-Energy sector's gain of 5.11% and the S&P 500's gain of 4.74%.The investment community will be closely monitoring ...

Schlumberger (SLB) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this world's largest oilfield services company have returned -3.8% over the past month versus the Zacks S&P 500 composite's +3% change. The Zacks Oil and Gas - Field Services industry, to which Schlumberger belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be head ...

Schlumberger (SLB) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this world's largest oilfield services company have returned -5.5% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Oil and Gas - Field Services industry, to which Schlumberger belongs, has lost 6.8% over this period. Now the key question is: Where could the stock be head ...

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced that it is reaffirming its full-year 2024 financial guidance. “We acknowledge the decision by Saudi Aramco to maintain its Maximum Sustainable Capacity (MSC) at 12 million barrels per day (MMBD), and not to continue increasing MSC to 13 MMBD,” said SLB Chief Executive Officer Olivier Le Peuch. “We continue to work very closely with Saudi Aramco, and our understanding is that all ongoing oil and gas projects remain intact and that only two offshore ...

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced a significant step toward fully autonomous drilling operations at Equinor's Brazilian Peregrino C platform. SLB digital technologies for surface automation, autonomous on-bottom drilling, and directional drilling were combined to enable 99% of a 2.6-kilometer section to be drilled in autonomous control mode. Over a five-well program, a 60% increase in rate of penetration was achieved, resulting in faster well delivery while reducing cost and carbon e ...

Many companies have tax shields and can benefit from them during a tax reporting period, but not only do they benefit, they can also offer excellent benefits to their users and thus generate a great loyalty to their products and services, which eventually would translate into financial growth for the company and good returns for investors. Here are three tax reform stocks that you can add to your portfolio.Schlumberger (SLB)Source: Maksim Shmeljov / Shutterstock.comOne of the companies with good opportuniti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 1-4601 Schlumberger N.V. (Schlumberger Limited) (Exact name of registrant as specified in its charter) Curaçao 52-0 ...

Schlumberger (SLB) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this world's largest oilfield services company have returned -4.5% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Oil and Gas - Field Services industry, to which Schlumberger belongs, has lost 5.6% over this period. Now the key question is: Where could the stock be head ...