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 ...

Key TakeawaysSLB reported revenue that came in better than forecasts, but North American sales declined.The oilfield services company matched earnings per share estimates, while revenue got a boost from an almost 18% gain in its international sales.SLB plans to return $7 billion to shareholders over the next two years. SLB (SLB) posted first-quarter earnings that were in line with analysts' expectations and revenue that slightly exceeded estimates, but North American sales declined. The company formerly kno ...

Schlumberger Limited (NYSE:SLB) Q1 2024 Earnings Conference Call April 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 Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Scott Gruber - Citigroup Kurt Hallead - Benchmark Luke Lemoine - Piper Sandler Operator Thank you, everyone, for standing by. Welcome to the SLB First Quarter Earnings Con ...

Exhibit 99 News Release SLB Announces First-Quarter 2024 Results, Targeting to Return $7 Billion to Shareholders Over 2024–2025 • Revenue of $8.71 billion increased 13% year on year • GAAP EPS of $0.74 increased 14% year on year • EPS, excluding charges and credits, of $0.75 increased 19% year on year • Net income attributable to SLB of $1.07 billion increased 14% year on year • Adjusted EBITDA of $2.06 billion increased 15% year on year • Cash flow from operations was $327 million • Board approved quarterl ...

Investors are always looking for stocks that are poised to beat at earnings season and Schlumberger Limited (SLB) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Schlumbergeris seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty go ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Schlumberger (SLB) , which belongs to the Zacks Oil and Gas - Field Services industry.When looking at the last two reports, this world's largest oilfield services company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 1.84%, on average, in the last two quarters.For the last reported quarter, Schlumberger cam ...

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 ...

The latest trading session saw Schlumberger (SLB) ending at $54, denoting a -0.37% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.74% for the day. Elsewhere, the Dow saw a downswing of 0.01%, while the tech-heavy Nasdaq appreciated by 1.68%.The world's largest oilfield services company's shares have seen an increase of 3.1% over the last month, not keeping up with the Oils-Energy sector's gain of 8.96% and outstripping the S&P 500's gain of 0.8%.The u ...

ChampionX (NASDAQ:CHX) stock is a hot topic among traders on Tuesday after the oil and gas technology company announced that it is being acquired by SLB (NYSE:SLB)!A press release reveals that investors in ChampionX will receive 0.735 shares of SLB stock for each share of CHX stock that they own. Following this, CHX investors will hold a 9% stake in SLB.The merger also includes annual synergies of $400 million within the first three years of its completion. In addition to this, SLB has pledged to return $7 ...

ChampionX Corp (NASDAQ: CHX) is in focus today after Schlumberger NV (NYSE: SLB) said it will buy the oilfield technology company for $7.75 billion.$SLB deal values ChampionX stock at 14% premium Copy link to section The all-stock deal values each share of ChampionX at $40.59 – a more than 14% premium on their previous close. $SLB is convinced the acquisition will deliver about $400 million in annual pre-tax savings in the first three years. Olivier Le Peuch – its chief executive said in a press release on ...