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Schlumberger (SLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Schlumberger (SLB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in ...
In the latest trading session, Schlumberger (SLB) closed at $46.30, marking a -0.81% move from the previous day.
Schlumberger. Schlumberger NV ( French: [ʃlumbɛʁʒe, ʃlœ̃b-] ), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
The 2022 stock market decline was an economic event involving a decline in stock markets globally. The decline was the worst for American stock indices since 2008, ending three years of gains. [1] In February 2022, the Russian invasion of Ukraine caused a sell-off across many financial markets throughout the world.
Schlumberger has always invested significant time and money on research and engineering as a long-term strategy to support and grow its technology leadership. Short-term business cycles do not affect this. In 2005, we invested $505 million in R&D for our oilfield activities.
Schlumberger (SLB) closed the most recent trading day at $35.85, moving -0.94% from the previous trading session.
Schlumberger (SLB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.