In its upcoming report, Schlumberger (SLB) is predicted by Wall Street analysts to post quarterly earnings of $0.90 per share, reflecting an increase of 4.7% compared to the same period last year. Revenues are forecasted to be $9.18 billion, representing a year-over-year increase of 2.1%.The current level reflects a downward revision of 12.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial ...

Earnings and Financial Performance - SLB is set to report Q4 2024 results on Jan 17, 2025, with an Earnings ESP of -1.39% and a Zacks Rank 5 (Strong Sell) [1][2] - The Zacks Consensus Estimate for Q4 earnings is 90 cents per share, implying 5% growth YoY, while revenues are estimated at $9.2 billion, up 2.1% YoY [7] - SLB has beaten consensus earnings estimates in the trailing four quarters with an average surprise of 1.8% [8] - The company's Well Construction business unit, a major earnings contributor, is expected to report operating earnings before tax of $683.5 million, down from $770 million YoY [10] Industry and Market Trends - Average WTI crude prices were favorable in Q4 2024 at $71.99 (Oct), $69.95 (Nov), and $70.12 (Dec) per barrel, but drilling activities declined in both domestic and international markets [3] - International rig count decreased to 926 in Q4 from 937 in Q3 and 965 YoY, while North American rig count fell to 782 from 796 in Q3 and 803 YoY [4][9] - The slowdown in drilling activity is reducing demand for SLB's services as upstream companies focus more on stockholder returns than production expansion [16] Valuation and Stock Performance - SLB's stock has lost 18.7% in the past year, underperforming the industry's 4.8% gain and Halliburton's 17.6% decline [14] - The company appears overvalued with a trailing 12-month EV/EBITDA ratio of 7.44, above the industry average of 6.89 [15] Business Risks and Dependencies - SLB's heavy reliance on international markets, particularly the Middle East, exposes it to significant geopolitical and operational risks [12] - The company's future growth is highly dependent on customer capital expenditures, which tend to decline during economic downturns [16]

SLB (SLB) , a leading energy technology company worldwide, has signed a string of deals with the British energy giant Shell plc (SHEL) to support its deepwater and ultra-deepwater assets. The energy technology firm has won major drilling contracts from Shell in the U.K. North Sea, the U.S. Gulf of Mexico and Trinidad and Tobago, among other regions.These projects will leverage SLB’s AI-enabled digital drilling tools and technology and its extensive knowledge and experience of working in ultra-deepwater envi ...

Investment Strategy - The investment strategy focuses on value stocks with growth potential, utilizing a 3-part approach that includes recognizing macro trends, seeking innovation, and capitalizing on event overreactions [1] - The selection process involves running filters with 32 key criteria and considering over 70 data points for each investment [1] - Fundamental Analysis is used for stock selection, while Technical Analysis and Artificial Intelligence are employed to identify entry, trend, and exit points [1] - Quarterly earnings reports and 10Q reports are reviewed as part of the analysis process [1] Company Overview - Schlumberger (NYSE: SLB) is the largest oilfield services company, providing technology for reservoir characterization, drilling, production, and processing to the oil and gas industry [3] - The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems [3] - Over three-fourths of Schlumberger's revenue base is tied to its core operations in the oil and gas industry [3]

iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.Despite the Santa Claus rally not materializing this year, the market is still up significantly since the start of the year, with the S&P 500 ( SPY ) being u ...

Schlumberger (SLB) closed the most recent trading day at $37.26, moving +1.17% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.73%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq gained 0.98%.Shares of the world's largest oilfield services company have depreciated by 16.73% over the course of the past month, underperforming the Oils-Energy sector's loss of 9.2% and the S&P 500's gain of 0.34%.Investors will be eagerly watching for the perfo ...

The year is winding down, and I am considering what investments will work well in 2025. I think 2025 will be similar to 2024 in that technology will drive the market higher, but there are some themes and investments that the investment communityI am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structu ...

Year to date (YTD), SLB (SLB) has experienced a 29.9% decline, significantly underperforming the industry’s overall fall of 8.6%. The reduced demand for SLB's products and services due to a slowdown in both North American and international drilling activities has adversely impacted its offerings, such as well placement optimization and drilling efficiency solutions. These are some of the key reasons for the company’s underperformance in the stock market.YTD Price Chart Image Source: Zacks Investment Researc ...

iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.It’s a great time to be a value investor, especially with growth stock driving the market to all-time highs and with the S&P 500 ( SPY ) yielding a paltry 1. ...

Petrobras S.A. (PBR) , the Brazilian state-owned oil company, has signed a major contract with SLB (SLB) , a leading global oilfield services provider, for the maintenance of its offshore fields. SLB will offer integrated services for all offshore fields operated by Petrobras, particularly in the Campos, Santos and Espirito Santo basins. The deal is valued at $800 million.Overview of the ContractPer the terms of the agreement, SLB shall be responsible for managing the construction of more than 100 deepwater ...