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 ...

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 ...