Revenue segments as reported by the company.

Digital & Integration

Reservoir Performance

Well Construction

Production Systems

Other

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Schlumberger

Schlumberger NV engages in the provision of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. It operates through the following business segments: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. The Digital and Integration segment combines the company’s digital solutions and data products with its Asset Performance Solutions (APS). The Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. The Well Construction segment includes the full portfolio of products and services to optimize well placement and performance, maximize drilling efficiency, and improve wellbore assurance. The Production Systems segment develops technologies and provides expertise that enhance production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Schlumberger reports strong Q4 results, eyes international growth in 2023

Schlumberger's Q4 2022 performance showcased revenue growth, margin expansion, and operational success. The company aims for significant revenue growth in 2023, driven by international and offshore markets. Challenges include seasonality impacts and the shift towards drilling in North America, while opportunities lie in sustained growth and margin expansion.

Schlumberger reports robust Q1 results and eyes growth opportunities in Brazil and digital transformation

Schlumberger's Q1 performance reflects strong growth, solid financials, and positive outlook on industry resilience and multiyear growth.
The company's strengths lie in its Digital division growth, new energy portfolio progress, and engagement in Brazil's supply growth potential.
Challenges include cash flow impact, liquidity details, and potential strategic decisions regarding EPS projects and the Canada asset.
Opportunities abound in international markets, Brazil's production enhancement, exploration activities, and industry trends towards digital transformation and decarbonization.

Schlumberger posts strong Q2 earnings, eyes growth in key markets

Schlumberger's Q2 performance reflects robust revenue growth, margin expansion, and strong cash generation, positioning the company well for continued success in 2023.
Despite challenges from global uncertainties and analyst inquiries, Schlumberger's strengths in contract awards, margin improvement, and strategic partnerships offer growth potential.
Opportunities in international markets, customer focus on industry resilience, and shareholder returns through dividends and buybacks underscore Schlumberger's positive outlook and strategic initiatives.

Schlumberger reports robust Q3 earnings, eyes digital growth opportunities

Schlumberger's Q3 performance reflects strong revenue growth, margin expansion, and a strategic focus on digital adoption and New Energy opportunities. The company anticipates continued margin expansion in 2024, supported by differentiation and international growth momentum.

Schlumberger exceeds Q4 targets, eyes mid-teens EBITDA growth in 2024

Schlumberger's Q4 2023 earnings call highlighted strong financial performance, revenue growth in key markets, and a focus on digital transformation and new energy initiatives. The company aims to sustain growth through mid-teens EBITDA growth in 2024, capitalizing on exploration activity and technology demand.

Schlumberger reports robust Q1 results, eyes international growth opportunities

Schlumberger's Q1 performance reflects strong revenue and EBITDA growth, driven by international strength and digital sales expansion.
While facing challenges in North America, the company is focused on margin enhancement, shareholder returns, and the ChampionX acquisition synergies.
Opportunities lie in carbon capture, Asian market growth, and the evolving energy landscape, positioning Schlumberger for continued success and innovation.

Schlumberger reports robust Q2 earnings, eyes margin expansion and growth

Schlumberger's strong Q2 performance, driven by international and offshore markets, showcases its focus on revenue growth and operational efficiency. Despite cost efficiency actions and potential challenges, the company remains optimistic about margin expansion and shareholder returns. With a strategic outlook, SLB aims for continued growth and profitability.

Schlumberger reports solid Q3 results, eyes digital growth opportunities

Schlumberger's Q3 2024 performance showcased strong financial metrics, with a focus on margin expansion and cash flow generation.
Despite market challenges and caution, SLB remains optimistic about the future of the oil and gas industry and is committed to shareholder value.
The company's strategic emphasis on digital growth, profitability, and reducing exposure to volatility positions them well for long-term success.

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Schlumberger Ltd. engages in the provision of energy technology. It operates through the following business segments: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. The Digital and Integration segment involves the combination of digital solutions and data products with its Asset Performance Solutions. The Reservoir Performance segment consists of technologies and services for productivity and performance optimization. The Well Construction segment includes the full portfolio of products and services for well placement and performance, drilling, and wellbore assurance. The Production Systems segment focuses on the development of technologies and provides services to production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.

Schlumberger Limited (NYSE:SLB ) Q2 2024 Results Conference Call July 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 Scott Gruber - Citigroup Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Dan Kutz - Morgan Stanley Luke Lemoine - Piper Sandler Saurabh Pant - Bank of America Marc Bianchi - TD Cowen Kurt Hallead - Benchmark Operator Thank you everyone for standing by. Welcome to the SLB Second Quarter Earnings Conference Call.

Schlumberger Limited (SLB) Q2 2024 Earnings Call Transcript

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 300 points on Friday.

Gold Down 2%; SLB Posts Upbeat Earnings

SLB's Q2 earnings gain from significant contributions from Middle East & Asia projects and enhanced offshore exposure in key regions, including the Gulf of Mexico.

SLB Q2 Earnings Beat Estimates, Revenues Rise Year Over Year

Schlumberger (SLB) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.72 per share a year ago.

Schlumberger (SLB) Q2 Earnings and Revenues Surpass Estimates

Schlumberger NV (NYSE: SLB) has captured market attention with its Q2 2024 earnings, which surpassed expectations. The company reported a Non-GAAP EPS of $0.85, exceeding estimates by $0.02.

Schlumberger exceeds Q2 2024 expectations: Should you buy SLB stock now?

SLB beat analysts' estimates for second-quarter profit on Friday, as the top oilfield services provider benefited from steady demand for its drilling equipment and technology in international markets.

SLB beats quarterly profit estimates on international drilling demand

LONDON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced results for the second-quarter 2024. Second-Quarter Results (Stated in millions, except per share amounts) Three Months Ended   Change Jun. 30, 2024   Mar. 31, 2024   Jun. 30, 2023   Sequential   Year-on-year Revenue $9,139 $8,707 $8,099 5%   13% Income before taxes - GAAP basis $1,421 $1,357 $1,293 5%   10% Income before taxes margin - GAAP basis 15.5% 15.6% 16.0% -4 bps   -42 bps Net income attributable to SLB - GAAP ba.

SLB Announces Second-Quarter 2024 Results

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Halliburton and SLB report Q2 earnings and revenue on Friday. HAL stock is trading flat while SLB has declined 6% in 2024.

S&P 500 Mainstays Report Earnings Amid 'Poor' Industry Sentiment And Slew Of Price Target Cuts

SLB's stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services including drilling, completion, and production solutions to upstream oil & gas companies in the U.S. and abroad, is scheduled to report its fiscal second-quarter results on Friday, July 19. We expect SLB's stock to likely trade higher with revenues and earnings coming slightly ahead of market expectations in Q2.

Down 6% This Year, Will SLB Stock Recover Following Q2 Results?

The reduction in capital expenditures by SLB's customers is likely to have dampened demand for the company's products & services throughout the second quarter, with indications that this trend will persist.

Should You Buy, Sell, or Hold SLB Stock Before Q2 Earnings?

APA Corporation

VanEck Oil Services ETF surged by nearly 4% as the "Trump Trade" came back into focus. Consider prospects of a second Trump presidency and sectors that could outperform, including oil. Oil exploration and services stocks like Schlumberger, APA Corp, and Halliburton show potential for growth and multiple expansion.

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Exxon Mobil

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Earnings season is a combination report card and progress report. The headline results tell investors what already happened.

The 7 Most Important Stocks to Watch as Q2 Earnings Season Kicks Off

Schlumberger (SLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Schlumberger (SLB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

In the closing of the recent trading day, Schlumberger (SLB) stood at $45.28, denoting a +0.18% change from the preceding trading day.

Schlumberger (SLB) Rises But Trails Market: What Investors Should Know

Chevron

Crude oil prices have started to move higher after a period of moving lower due to the lack of upside catalysts, presenting opportunities for oil stocks to buy on dip. The recent trend has been driven by optimistic demand forecasts for summer fuel consumption and a decline in U.S. crude inventories.

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Energy Select Sector SPDR Fund

The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weighing on the energy sector, although some stocks are affected more than others. Crude oil is hemmed in between two opposing forces, which are both trying to impose their influence on prices.

Energy Stocks: Winners And Losers At The Beginning Of H2 2024

Schlumberger Limited's strategic moves and partnerships, particularly with TotalEnergies, position it well for long-term growth. Diversification into production chemicals and AI, along with strong international demand, support Schlumberger Limited's potential for success. Attractive valuation, projected EPS growth, and commitment to shareholder returns make Schlumberger Limited a compelling investment opportunity.

After Another Deal, SLB Offers Among The Best Opportunities In The Energy Space

SM Energy

High oil prices favor oil exploration and production activities, increasing the demand for oilfield services. Chevron (CVX), SLB and SM Energy (SM) are thus well poised to gain.

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TotalEnergies SE

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has announced the award of a contract by TotalEnergies (NYSE: TTE) to its OneSubsea™ joint venture for a 13-well Subsea Production System scope, including associated equipment and services, in the development of the Kaminho project, offshore Angola. The project will be developed by TotalEnergies and its Block 20/11 partners in two phases for the Cameia and Golfinho discoveries. Together, SLB OneSubsea and TotalEnergies will work to deli.

SLB OneSubsea Awarded Contract for TotalEnergies' Kaminho Deepwater Project

SLB and TotalEnergies enter into a 10-year collaboration to co-develop scalable digital solutions, focusing on enhancing energy resource access and efficiency through advanced AI technologies.

SLB and TotalEnergies Ink 10-Year Digital Solutions Partnership

ChampionX

Oilfield services company SLB said on Tuesday it has received a second request for additional information from the United States Department of Justice in connection with its $7.75 billion acquisition deal for smaller rival ChampionX.

SLB, ChampionX get second request from DoJ for proposed $8 bln deal details

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) today announced that, as expected, it and ChampionX (NASDAQ: CHX) have each received a request for additional information (second request) from the United States Department of Justice (DoJ) in connection with the DoJ's review of SLB's previously announced planned acquisition of ChampionX. SLB currently expects the transaction to close in the fourth quarter of 2024 or the first quarter of 2025, pending regulatory approvals and other cust.

SLB Provides Update on Planned Acquisition of ChampionX

DULUTH, Ga.--(BUSINESS WIRE)--DLA today announced that it received notification that NYSE Regulation has initiated proceedings to delist the Company's common stock . . .

News for Schlumberger Stock (SLB)