Core Insights - SLB anticipates flat revenues and core profit for Q2 2025 due to unexpected slowdown in drilling activity in Saudi Arabia and Latin America [1][9] - CEO Olivier Le Peuch highlighted that actual field activity diverged from original assumptions, particularly in the Middle East and South America [2][3] Drilling Activity - Several drilling rigs were demobilized in Saudi Arabia, and operations at the Jafurah unconventional gas field were paused, significantly impacting operational performance [3] - In Latin America, a decline in short-cycle project activity has further pressured top-line growth, reflecting shifting customer behavior [4] Margin Pressure - The company expects its margin profile to be affected by an unfavorable geographical activity mix, with declines in higher-margin operations in the Middle East and Latin America [5] - SLB anticipates Q2 EBITDA to be flat quarter over quarter, slightly below prior guidance due to cost rigidity in service delivery [5] Geopolitical Risks - The current forecast assumes no disruptions in the Persian Gulf amid ongoing geopolitical tensions, with any escalation posing additional downside risks [6] Shareholder Returns - Despite operational challenges, SLB remains committed to its capital return program, planning to return at least $4 billion to shareholders in 2025 [7]

Company Overview - SLB is reorienting its business to adapt to depressed activity levels, particularly in the onshore US market, with a focus on long-term growth in its New Energy and Digital businesses [1] Investment Strategy - Narweena, an asset manager led by Richard Durant, seeks to identify market dislocations due to poor understanding of long-term business prospects, aiming for excess risk-adjusted returns through secular growth opportunities in markets with barriers to entry [1] - The research process emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term investment horizon targeting deeply undervalued stocks [1] Market Dynamics - An aging population with low growth and stagnating productivity is expected to create new investment opportunities, contrasting with industries facing stagnation or secular decline, which may improve business performance due to reduced competition [1] - The economy is increasingly dominated by asset-light businesses, leading to a declining need for infrastructure investments, resulting in a large pool of capital chasing limited investment opportunities, driving up asset prices and compressing risk premia over time [1] Leadership Background - Richard Durant holds undergraduate degrees in engineering and finance from the University of Adelaide and an MBA from Nanyang Technological University, along with having passed the CFA exams [1]

Schlumberger (SLB) closed the most recent trading day at $33.73, moving -5.89% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.96%. On the other hand, the Dow registered a gain of 0.89%, and the technology-centric Nasdaq increased by 0.94%. Prior to today's trading, shares of the world's largest oilfield services company had gained 6.48% lagged the Oils-Energy sector's gain of 6.67% and outpaced the S&P 500's gain of 0.5%.Market participants will be closel ...

Key Takeaways SLB outperformed the oil-energy sector and peers over the past six months. SLB trades above its 50-day SMA and has a VGM Score of B, showing value and positive earnings surprises. Strong global exposure, new energy ventures and data center growth support SLB despite oil price risksShares of SLB (SLB) have fallen 6.5% in the past six months, outperforming the oil-energy sector’s decline of 8.2%. The company also outperformed its peers, Core Laboratories (CLB) and Oceaneering International, In ...

Group 1 - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - The service offers a free two-week trial for potential investors to explore exclusive income-focused portfolios [1] Group 2 - The stock market is viewed as a mechanism for transferring wealth from the impatient to the patient, emphasizing the importance of a long-term investment horizon [2] - The focus is on defensive stocks suitable for medium- to long-term investment strategies [2]

【导读】美股全线收跌，国际油价暴涨，能源股全线上涨 美东时间6月17日周二，美国5月零售销售录得今年年初以来最大降幅，美国三大股指全线收跌。 中东局势恶化， 欧盟委员会计划全面禁止进口俄石油天然气，国际油价暴涨，能源股全线上涨。 亚马逊CEO 表示， AI将致企业员工规模缩减，未来几年岗位结构迎重大调整。 零售数据拖累美股 截至收盘，道指跌0.7%，报42215.8点 ； 标普500指数跌0.84%，报5982.72点 ； 纳指跌0.91%，报19521.09点。 | 美股指数 △ | | | | --- | --- | --- | | 道琼斯 | 纳斯达克 | 标普500 | | 42215.80 | 19521.09 | 5982.72 | | -299.29 -0.70% | -180.12 -0.91% | -50.39 -0.84% | 从经济数据来看，美国5月份的零售销售出现了自年初以来的最大降幅，这表明新的关税政策抑制了消费者的支出，尤其是在汽车领域。 美国5月零售销售环比降0.9%，预期降0.7%，前值从升0.1%修正为降0.1%。核心零售销售环比降0.3%，预期升0.1%，前值从升0.1% ...

Core Insights - SLB has launched the Sequestri portfolio, a comprehensive suite of carbon storage solutions aimed at accelerating industrial decarbonization globally [1][10] - The Sequestri portfolio provides an end-to-end framework for long-term carbon storage, addressing economic and integrity concerns that often hinder CCS project viability [2][3] Sequestri Portfolio Details - Sequestri combines tailored hardware and digital workflows to enhance decision-making throughout the carbon storage lifecycle, from site screening to monitoring [2] - The portfolio includes specialized hardware such as subsurface safety valves, measurement instruments, and CO2-resistant cement systems like EverCRETE [4] Strategic Partnerships and Projects - SLB's Sequestri aligns with its broader CCS ambitions, including a partnership with Aramco and Linde to establish a carbon capture and storage hub in Jubail, Saudi Arabia [6][10] - The first phase of this project aims to capture and store up to 9 million metric tons of CO2 annually by the end of 2027 [6][7] Technological Advancements - The Sequestri portfolio is powered by a network of interconnected digital technologies that simulate, model, and analyze carbon storage projects [4] - The introduction of Sequestri signals SLB's intent to be a central technology enabler in the energy transition, providing integrated solutions for emitters and developers [8]

Schlumberger (SLB) ended the recent trading session at $36.30, demonstrating a +1.88% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 1.13% for the day. Meanwhile, the Dow lost 1.79%, and the Nasdaq, a tech-heavy index, lost 1.3%. The world's largest oilfield services company's stock has dropped by 0.25% in the past month, falling short of the Oils-Energy sector's gain of 5.03% and the S&P 500's gain of 3.55%.The investment community will be paying c ...

美股能源股全线上涨，埃克森美孚涨超2%，雪佛龙涨逾2%，康菲石油涨超2%，斯伦贝谢涨逾2%，西 方石油涨超1%。 ...

Company Performance - Schlumberger's stock closed at $33.34, reflecting a +0.88% change from the previous trading day's close, outperforming the S&P 500's gain of 0.41% [1] - Over the past month, Schlumberger's shares have depreciated by 4.84%, underperforming the Oils-Energy sector's gain of 4.15% and the S&P 500's gain of 6.13% [2] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $0.77, indicating a 9.41% decline compared to the same quarter last year [3] - Revenue is projected to be $8.49 billion, showing a 7.08% drop compared to the year-ago quarter [3] - Full-year estimates predict earnings of $3.18 per share and revenue of $35.98 billion, representing year-over-year changes of -6.74% and -0.84%, respectively [4] Analyst Estimates and Rankings - Recent changes in analyst estimates for Schlumberger reflect short-term business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank for Schlumberger is currently 4 (Sell), with the Zacks Consensus EPS estimate moving 2.27% lower in the past month [6] Valuation Metrics - Schlumberger has a Forward P/E ratio of 10.4, compared to the industry average of 14.53, suggesting it is trading at a discount [7] - The company has a PEG ratio of 8.32, significantly higher than the industry average PEG ratio of 2.39 [8] - The Oil and Gas - Field Services industry, which includes Schlumberger, holds a Zacks Industry Rank of 189, placing it in the bottom 24% of all industries [8]