Market Overview - Stocks experienced a sell-off as President Trump threatened a "massive" tariff increase on China, particularly concerning rare earth minerals, which surprised the market given recent improvements in trade relations [1] - The S&P 500 index was down 1.9% and the Nasdaq fell approximately 2.6%, marking the first 1% drop for the S&P 500 since August 1 [1] Company Performance - Nvidia emerged as the best performer in the Investing Club portfolio, soaring approximately 1,527% over the three-year bull market [1] - Other top performers included Broadcom, which increased more than 665%, Meta Platforms with a gain of almost 458%, and CrowdStrike, which rose over 224% [1] - The bottom performers included Bristol Myers Squibb, down more than 36%, Nike, down nearly 26%, and both Danaher and Starbucks, each down nearly 9% [1] Upcoming Earnings - The third-quarter earnings season is set to begin, with over 30 S&P 500 companies scheduled to report next week [1] - Major banks such as Goldman Sachs, Wells Fargo, JPMorgan, and Citigroup will kick off earnings reports on Tuesday, along with BlackRock and Johnson & Johnson [1] - Other notable companies reporting next week include Abbott Laboratories, Bank of America, Morgan Stanley, American Express, CSX, Charles Schwab, SLB, and Prologis [1]

Core Viewpoint - The market anticipates a year-over-year decline in Schlumberger's earnings due to lower revenues, with a focus on how actual results compare to estimates [1][3]. Earnings Expectations - Schlumberger is expected to report quarterly earnings of $0.67 per share, reflecting a year-over-year decrease of 24.7% [3][19]. - Revenue is projected to be $8.94 billion, down 2.4% from the same quarter last year [3][19]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.28% over the last 30 days, indicating a reassessment by analysts [4][19]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.82%, suggesting a bearish outlook from analysts [12][19]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, but the predictive power is stronger for positive readings [9][10]. - Schlumberger's current Zacks Rank is 4 (Sell), complicating predictions of an earnings beat [12][20]. Historical Performance - In the last reported quarter, Schlumberger exceeded earnings expectations with a surprise of +1.37% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Conclusion - Schlumberger does not appear to be a strong candidate for an earnings beat based on current estimates and rankings, but other factors should also be considered by investors [17][20].

Core Insights - Dividend stocks are highlighted as valuable assets for portfolio stability, especially in varying interest rate environments [3][29] - The article suggests focusing on stocks with strong yields and quality indicators for investment in the second half of 2025 [4] Group 1: Dividend Stock Recommendations - **Sanofi (SNY)**: - Stock price: $50.90, Dividend yield: 3.1%, Payout ratio: 18.5%, Three-year FCF growth: 5.5% [7][10] - Sanofi is a French bio-pharmaceutical company with a strong revenue growth driven by its best-selling drug, Dupixent, and a robust drug pipeline [9][10][11] - **Schlumberger Limited (SLB)**: - Stock price: $59.97, Dividend yield: 3.3%, Payout ratio: 50.9%, Three-year FCF growth: 19.7% [20] - SLB is a leading provider of technology and services to the energy industry, with a strong balance sheet and a partnership with Nvidia for AI development [15][16] - **Fidelity National Financial (FNF)**: - Stock price: $34.26, Dividend yield: 3.3%, Payout ratio: 38.6%, Three-year FCF growth: 40.8% [19] - FNF maintains a healthy balance sheet and strong margins despite a slow housing market, focusing on dividends and strategic investments [21] - **ZTO Express (Cayman) (ZTO)**: - Stock price: $18.99, Dividend yield: 3.2%, Payout ratio: 55.9%, Three-year FCF growth: 34.2% [30] - ZTO is a major express delivery service provider in China, leveraging the growing e-commerce market while investing in AI for cost efficiency [22][24] - **Interparfums (IPAR)**: - Stock price: $94.50, Dividend yield: 3.4%, Payout ratio: 62.8%, Three-year FCF growth: 395.4% [31] - Interparfums has shown consistent revenue growth and aims for further increases in net sales and EPS, indicating strong market potential [27][28] Group 2: Investment Criteria - Stocks should have a dividend yield between 3% and 5%, a debt-to-equity ratio of 1 or less, and a payout ratio below 70% to ensure sustainability [6] - Companies should demonstrate dividend growth over the last three years and positive free cash flow growth to support higher dividends [6]

Company Overview - Schlumberger Limited (NYSE:SLB) is a leading provider of technology and services to the global energy industry, offering products and services in drilling, production, and reservoir management [1] Stock Performance - On October 8, 2025, a price target of $47.60 was set for SLB by Guillaume Delaby from Bernstein, indicating a potential upside of approximately 39.51% from the trading price of $34.12 [2][6] - The stock recently closed at $34.11, reflecting a 2.79% drop from the previous session, contrasting with the broader market where the S&P 500 gained 0.06%, the Dow increased by 0.17%, and the Nasdaq rose by 0.39% [2][3][6] - Over the past month, SLB's shares have increased by 0.26%, which is below the Oils-Energy sector's gain of 0.54% and significantly lags behind the S&P 500's 3.94% rise [3] Earnings Expectations - Investors are anticipating Schlumberger's earnings report on October 17, 2025, with expectations of an EPS of $0.68, representing a 23.6% decrease from the same quarter last year [4] - Revenue is forecasted at $8.95 billion, indicating a 2.25% decline compared to the previous year's corresponding quarter [4] - For the full year, Zacks Consensus Estimates project earnings of $2.88 [5] Current Stock Metrics - As of the latest trading, SLB's stock price is $34.14, reflecting a decrease of 0.80% or $0.28, with a market capitalization of approximately $50.99 billion [5]

Group 1: Lockheed Martin Corporation - Lockheed Martin's recent performance shows a strong demand for defense products, with a notable increase in contract awards [1] - The company reported a revenue growth of 7% year-over-year, reaching $67 billion, driven by increased military spending [1] - Lockheed Martin's net income rose to $6.5 billion, reflecting a 10% increase compared to the previous year [1] Group 2: Pfizer Inc - Pfizer has experienced a significant decline in revenue, with a 50% drop year-over-year, primarily due to reduced demand for COVID-19 vaccines [1] - The company's total revenue for the last quarter was reported at $12 billion, down from $24 billion in the same period last year [1] - Pfizer is focusing on diversifying its product portfolio to mitigate the impact of declining vaccine sales [1] Group 3: Schlumberger NV - Schlumberger reported a revenue increase of 20% year-over-year, reaching $8 billion, driven by higher oil prices and increased drilling activity [1] - The company's net income surged to $1.2 billion, a 25% increase compared to the previous year [1] - Schlumberger is investing in technology and digital solutions to enhance operational efficiency and capitalize on market opportunities [1]

Core Insights - Schlumberger has established its China land services headquarters in Chengdu, with a total investment of 700 million yuan, expanding the scale of its previous base by four times, aimed at enhancing its service capabilities in the Chinese land oil and gas market [1][2] - The new base features advanced infrastructure and core functions such as technical research, equipment maintenance, operation management, and remote support, significantly improving operational efficiency and service capabilities [2] - The project, which started construction in March 2023 and was completed in July 2023, occupies 42 acres with a total building area of over 20,000 square meters, including office buildings, warehouses, and production support facilities [2] Company Development - Schlumberger's relationship with Chengdu dates back to 2002, marking over 20 years of development, including the establishment of a regional base, the registration of Chengdu Limited in 2014, and the recent investment in the land services headquarters [2] - The establishment of the headquarters is expected to support the development of an energy equipment industry cluster in Shuangliu and enhance the technological level in high-end oil and gas and digital exploration in the southwest region [2] Local Government Support - The Shuangliu District is committed to providing comprehensive quality services, strengthening policy measures, resource guarantees, and innovation support to boost Schlumberger's production and efficiency [4] - Chengdu has been optimizing its business environment, with initiatives like the "Enter, Resolve, Optimize, Promote" program for foreign enterprises, which includes providing lifecycle services to support foreign investment [6][8] - From January to August 2023, Chengdu attracted foreign direct investment (FDI) of 1.024 billion USD, ranking first among central and western cities, with manufacturing sector FDI reaching 187 million USD, a year-on-year increase of 42.97% [8]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7][8] Investment Opportunity - Wall Street is investing heavily in AI, but there is a looming energy crisis as AI technologies require vast amounts of electricity, comparable to the energy consumption of small cities [2][3] - The company in focus is positioned to benefit from the surge in demand for electricity driven by AI data centers, making it a potentially lucrative investment [3][8] Company Profile - The company owns significant nuclear energy infrastructure assets and is capable of executing large-scale engineering, procurement, and construction projects across various energy sectors [7][8] - It is noted for being debt-free and having a substantial cash reserve, which is nearly one-third of its market capitalization, providing financial stability and growth potential [8][10] Market Position - The company is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and benefiting from the onshoring trend driven by tariffs [5][6] - It has an equity stake in another AI-related company, offering investors indirect exposure to multiple growth engines in the AI sector [9][10] Future Outlook - The article suggests that the company is undervalued, trading at less than seven times earnings, which presents a significant upside potential for investors [10][11] - The ongoing influx of talent into the AI sector is expected to drive continuous innovation and advancements, further solidifying the importance of investing in AI-related infrastructure [12][13]

Core Insights - SLB has secured a contract from Petrobras for oilfield services and technology for up to 35 wells in the Santos Basin, following a competitive bidding process [1][8] - The Santos Basin is a key oil and gas producing region in Latin America, with the wells targeting significant reserves in the Atapu and Sépia oil fields [2] Project Scope - The project will utilize SLB's advanced electric completions technologies and digital solutions to provide real-time production insights and enhance reservoir management [3] - Well completion work is scheduled to begin in mid-2026, supported by SLB's advanced interval control valves designed for high-flow-rate production [4] Field Details & Stakeholders - Petrobras holds a 65.7% interest in the Atapu field, with partners including TotalEnergies (15%), Shell (16.7%), and others [5] - In the Sépia field, Petrobras has a 55.3% stake, with TotalEnergies, Petronas, QatarEnergy, and Petrogal as partners [5] Production Efficiency - SLB's technology and services are expected to enhance Petrobras' production reliability and efficiency, contributing to Brazil's energy security [6]

Houston, Texas-based Schlumberger Limited (SLB) engages in the provision of technology for the energy sector. Valued at $53.1 billion by market cap, Schlumberger operates as a leading oilfield services company, serving oil and gas explorers and producers across the world. The oilfield service provider is gearing up to unveil its third-quarter results before the market opens on Friday, Oct. 17. Ahead of the event, analysts expect SLB to deliver an adjusted profit of $0.68 per share, down 23.6% from $0.89 p ...

Group 1 - The article confirms a "Buy" recommendation for Schlumberger (NYSE: SLB) shares with a target price of $39, indicating a potential upside of approximately 15% from current levels [1] - The investment idea is based on the analyst's extensive experience in the investment world, focusing on uncovering hidden value in emerging markets [1] Group 2 - The analyst has a background in equity analysis across various sectors, which contributes to a comprehensive understanding of financial statements and market dynamics [1] - The analyst's educational qualifications include a bachelor's degree in Antwerp, a master's at KU Leuven, and an MBA in Finance from Vlerick, providing a solid theoretical and practical foundation [1]