Schlumberger (SLB)

• Market cap: $61.9B
• 1 day: 6.06%
• 5 days: 12.29%
• 1 month: 11.94%
• 3 months: -0.93%
• 6 months: -10.88%
• Year to date: 13.49%
• 1 year: -9.00%
• 5 years: 13.58%
• 10 years: -45.85%
• Sector: Energy
• Industry: Oil & Gas Field Services

About: SLB is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.

Employees: 111,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

16% more repeat investments, than reductions

Existing positions increased: 593 | Existing positions reduced: 510

8% more first-time investments, than exits

New positions opened: 154 | Existing positions closed: 142

0% less funds holding

Funds holding: 1,443 [Q2] → 1,438 (-5) [Q3]

3.62% less ownership

Funds ownership: 84.82% [Q2] → 81.2% (-3.62%) [Q3]

8% less funds holding in top 10

Funds holding in top 10: 24 [Q2] → 22 (-2) [Q3]

15% less capital invested

Capital invested by funds: $57.2B [Q2] → $48.5B (-$8.72B) [Q3]

30% less call options, than puts

Call options by funds: $695M | Put options by funds: $992M

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $44 1% upside
• Avg. target: $52 20% upside
• High target: $61 40% upside

9 analyst ratings

• positive: 7 78%
• neutral: 2 22%
• negative: 0 0%

Evercore ISI Group James West 50% 1-year accuracy 19 / 38 met price target	1% upside $44	In-Line Downgraded	15 Jan 2025
TD Cowen Marc Bianchi 55% 1-year accuracy 18 / 33 met price target	22% upside $53	Buy Maintained	8 Jan 2025
Jefferies Lloyd Byrne 68% 1-year accuracy 15 / 22 met price target	40% upside $61	Buy Maintained	3 Jan 2025
JP Morgan Arun Jayaram 55% 1-year accuracy 17 / 31 met price target	10% upside $48	Overweight Maintained	2 Jan 2025
Stifel Stephen Gengaro 58% 1-year accuracy 49 / 85 met price target	35% upside $59	Buy Maintained	23 Dec 2024