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Schlumberger (SLB) delivered earnings and revenue surprises of 14.55% and 4.67%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
While Schlumberger (SLB) is currently being hit by pipeline constraints in Permian, the company's wider international presence and healthy balance sheet can help lift the stock from its low levels.
In this article we will analyze whether Schlumberger Limited. (NYSE:SLB) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas.
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.
Schlumberger (SLB) announces the redemption of $664M in aggregate principal amount of senior notes on Jun 28, 2021.
In the latest trading session, Schlumberger (SLB) closed at $35.97, marking a +1.5% move from the previous day.
Resilient international business aids Schlumberger's (SLB) Q2 earnings. For premium support please call: 800-290-4726 more ways to reach us
Following his retirement from Schlumberger Ltd., Gould was serving as non-executive chairman of the British oil company BG Group until their merger with Shell in 2015. [5] [6] [7] Until May 2012, Gould was a member of the Board and Lead Independent Director of Rio Tinto plc. and Rio Tinto Ltd. and led their remuneration committee.