The joint venture will enable wider adoption of market-ready and new carbon capture technologies for power and hard-to-abate industrial sectors worldwide.HOUSTON and OSLO, Norway, June 14, 2024 /PRNewswire/ -- SLB (NYSE: SLB) and Aker Carbon Capture (ACC) announced today the closing of their previously announced joint venture. The new company combines technology portfolios, expertise and operations platforms to support accelerated carbon capture adoption for industrial decarbonization at scale."There is no ...

In the latest market close, Schlumberger (SLB) reached $44.98, with a +0.97% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.26%. At the same time, the Dow added 0.18%, and the tech-heavy Nasdaq gained 0.35%.The the stock of world's largest oilfield services company has fallen by 8.14% in the past month, lagging the Oils-Energy sector's loss of 3.91% and the S&P 500's gain of 3.25%.Analysts and investors alike will be keeping a close eye on the p ...

Loading...Loading...On CNBC's “Mad Money Lightning Round,” Jim Cramer said he is not going to recommend Schlumberger Limited SLB here, even though he likes the company as it has “got too much business that is not acting well right now.“On April 19, Schlumberger reported upbeat sales for its first quarter.When asked about BWX Technologies, Inc. BWXT, he said, “Interesting, but I'm going to have to give you GE Vernova GEV. I need to have some stability, yours does not have the stability that I like.”On May 6, ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?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 recomm ...

In the latest market close, Schlumberger (SLB) reached $43.41, with a -1.5% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.15%. Elsewhere, the Dow gained 0.36%, while the tech-heavy Nasdaq added 0.17%.Coming into today, shares of the world's largest oilfield services company had lost 8.11% in the past month. In that same time, the Oils-Energy sector lost 1.23%, while the S&P 500 gained 3.2%.Investors will be eagerly watching for the performance of Sch ...

SLB OneSubsea, a collaboration between SLB (SLB) , Aker Solutions and Subsea7, has been awarded a significant contract by Equinor ASA (EQNR) for the second stage of Phase 3 of the North Sea Troll project.The joint venture, headquartered in Oslo and Houston, continues to strengthen its position as a key supplier to Equinor.The Troll field, located in the northern North Sea, is undergoing an expansion, with an eight-well project tied back to the Troll A Condeep platform. The latest contract from Equinor build ...

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?Let's take a look at what these Wall Street heavyweights have to say about Schlumberger (SLB) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Schlumberger currently has an average brokerage recommendati ...

In trading on Monday, shares of Schlumberger entered into oversold territory, changing hands as low as $48.61 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.Start slideshow: 10 Oversold Energy Stocks »In the case of Schlumberger, the RSI reading has hit 28.4 — by comparison, the universe of energy stocks covered ...

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 March 31, 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 (IRS Employer ...

Schlumberger (SLB) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.35%. A quarter ago, it was expected that this world's largest oilfield services company would post earnings of $0.84 per share when it actually produced earnings of $0.86, delivering a surprise of 2.38%.Over the last ...