Schlumberger
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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
49% more first-time investments, than exits
New positions opened: 206 | Existing positions closed: 138
2.0% more ownership
Funds ownership: 81.22% [Q3] → 83.22% (+2.0%) [Q4]
0% more funds holding
Funds holding: 1,445 [Q3] → 1,448 (+3) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 527 | Existing positions reduced: 547
5% less funds holding in top 10
Funds holding in top 10: 22 [Q3] → 21 (-1) [Q4]
7% less capital invested
Capital invested by funds: $48.5B [Q3] → $45B (-$3.45B) [Q4]
19% less call options, than puts
Call options by funds: $992M | Put options by funds: $1.22B
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$44
5%
upside
Avg. target
$53
27%
upside
High target
$61
46%
upside
9 analyst ratings
7 positive
78%
2 neutral
22%
0 negative
0%
Citigroup Scott Gruber 45% 1-year accuracy 32 / 71 met price target | 29%upside $54 | Buy Maintained | 21 Jan 2025 |
RBC Capital Luca Issi 21% 1-year accuracy 12 / 56 met price target | 37%upside $57 | Outperform Reiterated | 21 Jan 2025 |
JP Morgan Arun Jayaram 40% 1-year accuracy 14 / 35 met price target | 20%upside $50 | Overweight Maintained | 21 Jan 2025 |
Evercore ISI Group James West 57% 1-year accuracy 21 / 37 met price target | 5%upside $44 | In-Line Downgraded | 15 Jan 2025 |
TD Cowen Marc Bianchi 55% 1-year accuracy 18 / 33 met price target | 27%upside $53 | Buy Maintained | 8 Jan 2025 |
Financial journalist opinion
Based on 22 articles about SLB published over the past 30 days
Positive
Seeking Alpha
1 day ago
Schlumberger: Energy Diversification, Some AI, Shareholder-Friendly Company
Oil prices remain stable at around $70 per barrel, with low volatility and balanced supply-demand dynamics, contributing to a calm energy market in 2025. Schlumberger has underperformed since Q3 2023 but shows value with recent earnings beats, strong digital business growth, and shareholder-friendly moves. Despite a troubling chart, SLB's valuation is attractive, with a 6.6% FCF yield and potential for operating leverage driving future earnings.
Neutral
Newsfile Corp
1 day ago
LithiumBank Announces 30% Increase in Overall Lithium Resources at Boardwalk Brine Project, Including 5,195,000 Tonnes LCE Measured and Indicated Resources at 81.6 mg/L Lithium
Calgary, Alberta--(Newsfile Corp. - February 20, 2025) - LithiumBank Resources Corp. (TSXV: LBNK) (OTCQX: LBNKF) ("LithiumBank'' or the "Company") is pleased to announce an updated National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") lithium-brine mineral resource estimate of 1,671,000 tonnes of measured Lithium Carbonate Equivalent ("LCE") at a grade of 81.2 mg/L lithium and 3,524,000 tonnes of indicated LCE at a grade of 81.8 mg/L lithium within the Leduc Formation ("Fm"), and 1,128,000 tonnes of inferred LCE at 81.8 and 1,649,000 tonnes inferred LCE at 78.1 mg/L lithium within the Leduc and Beaverhill Lake Group ("Gp")/Swan Hills Fm, respectively, underlying its 100% owned Boardwalk lithium brine project ("Boardwalk") located in west-central Alberta. The resource update reports an increase in lithium grade of approximately 18% from the previous resource estimate and an increase in overall lithium resources by approximately 30% (previous Boardwalk resource estimate with effective date Feb. 22, 2024) and increasing the Company's overall lithium resources as shown in Table 1 and Figure 4.
Positive
Reuters
2 days ago
Exxon, SLB flag interest in lithium projects in Chile, say document and source
U.S. oil major Exxon Mobil is planning a meeting with Chilean officials to discuss lithium investment opportunities, according to a registry of lobbyist meetings and a person familiar with the matter, as fossil fuel companies increasingly look to invest in production of the metal needed for electric vehicle batteries.
Positive
Seeking Alpha
1 week ago
2 Wonderful Dividends At Bargain Basement Prices
There are quality stocks that trade at well-below average valuations even in a frothy market. In this article, I highlight 2 such picks, both of which aim to return significant amounts of capital through dividends and share buybacks. Both carry strong balance sheets and are evolving their business models toward profitable growth.
Negative
Zacks Investment Research
1 week ago
Is SLB's Premium Stock Valuation Still Justified? Buy, Sell, or Hold?
SLB's expectation of flat revenues for 2025, excluding the ChampionX acquisition, highlights concerns about its ability to generate organic growth.
Neutral
Zacks Investment Research
1 week ago
SLB Restructures Business Operations, Plans More Job Cuts
SLB announces a new business structure and more job cuts, continuing its cost-saving efforts as it prepares for slower industry growth.
Neutral
Market Watch
1 week ago
These 6 stocks will tell you if Trump's economic policies are working or not
The Trump administration sees the stock market as a measure of its success.
Neutral
CNBC Television
1 week ago
Katie Stockton on the technicals in energy
'Fast Money' guest trader Kate Stockton talks the technicals in the energy trade.
Negative
Reuters
1 week ago
Exclusive: Oilfield services company SLB reorganizes, expects more job cuts, source says
Top oilfield services provider SLB is reorganizing certain functions within its business and continuing to reduce its workforce, according to a source familiar with the matter and an internal email seen by Reuters.
Neutral
Zacks Investment Research
2 weeks ago
Brokers Suggest Investing in Schlumberger (SLB): Read This Before Placing a Bet
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?
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