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StockStory12d agoneutral
5 Must-Read Analyst Questions From SLB’s Q2 Earnings Call

SLB’s second quarter results were met with a significant positive market reaction, as the company’s performance exceeded Wall Street’s expectations despite a year-on-year revenue decline. Management credited broad-based international growth and a rebound in North American operations as primary contributors to the quarter. CEO Olivier Le Peuch highlighted “higher offshore activity in Latin America, Europe, Africa, and Asia,” as well as increased demand in U.S. land for production and recovery sol

SLB CEO sends clear message on oil services upcycle
TheStreet16d agoneutral
SLB CEO sends clear message on oil services upcycle

Wall Street spent most of July bracing for a rough quarter for SLB N.V. (SLB), formerly known as Schlumberger Limited. Fighting in the Middle East had shut in wells, and oil prices were sliding amid U.S.-Iran peace talks. This caused six brokers to trim their price targets going into the ...

SLB Q2 Earnings Call Highlights
MarketBeat19d agoneutral
SLB Q2 Earnings Call Highlights

SLB (NYSE:SLB) reported second-quarter revenue of $9 billion, up 3% sequentially, as growth in Latin America, Europe and Africa, U.S. land and Asia more than offset disruptions in the Middle East. Adjusted earnings per share were $0.55, up $0.03 from the prior quarter but down $0.19 from a year earl

Bloomberg23d agoneutral
Oil-Service Companies Set to Reveal War’s Impact on Earnings

(Bloomberg) -- This week will offer the clearest picture yet of the Iran war’s impact on the world’s biggest oil field service providers, with the likes of SLB Ltd., Baker Hughes Co. and Halliburton Co. all expected to take hits to their bottom line.Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsTrump Silent So Far on Iran Plan

SLB (SLB): Buy, Sell, or Hold Post Q1 Earnings?
StockStory88d agoneutral
SLB (SLB): Buy, Sell, or Hold Post Q1 Earnings?

What a time it’s been for SLB. In the past six months alone, the company’s stock price has increased by a massive 53.6%, reaching $55.78 per share. This performance may have investors wondering how to approach the situation.