SLB News and Press, Schlumberger N.V. From 07/06/23

2023-07-06 18:50:29 ET Summary There is increasing evidence that the Permian Basin may peak soon; peak productivity per foot drilled may already be behind us. Analysts aren't paying enough attention to the paradigm shift that will ensue once this realization becomes mainstream. ...

Investments in AI and cloud-based technologies accelerate decision making and set the foundation for achieving decarbonization and net zero targets SLB (NYSE: SLB) has been awarded a five-year contract by Petrobras for an enterprise-wide deployment of its Delfi™ digital platform. T...

2023-06-28 15:53:28 ET With the office vacancy rate continuing to climb and the Federal Reserve Chair Jerome Powell insisting that the central bank is not yet done raising interest rates , office REIT stocks dropped in Wednesday trading at a steeper pace than real estate staock overall....

2023-06-28 06:49:41 ET With positioning having an increasing influence on stock prices, Citi is adding a new Short Stock Crowding Model to help investors identify opportunities. "Over the past 20 years there has been a change in the characteristics of the ‘marginal investorȁ...

2023-06-27 19:34:46 ET Summary Baker Hughes Company reported first-quarter 2023 adjusted earnings of $0.28 per share, beating analyst expectations this quarter against $0.15 last year. Baker Hughes' dividend yield is slightly better than its peers, with a quarterly dividend of $0....

2023-06-26 19:45:00 ET Drilling names including Noble Corp. ( NYSE: NE ) and Transocean ( NYSE: RIG ) rose across the board Monday, apparently in reaction to a favorable report in Barron's , which said the companies are in strong financial shape and poised to thrive ...

2023-06-26 13:02:14 ET Summary Oil prices could reach $100 a barrel if central banks ease monetary policies in response to deteriorating macroeconomic indicators. The U.S. Strategic Petroleum Reserve's inventories are near record lows, and geopolitical tensions or unexpected event...

SLB (NYSE:SLB) will hold a conference call on July 21, 2023 to discuss the results for the second quarter ending June 30, 2023. The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To acce...

2023-06-23 04:59:05 ET Goldman Sachs has rebalanced its ROE Growth basket of 50 stocks selected based on consensus expected return-on-equity growth over the next 12 months. The sector-neutral basket tapped 25 names in the rebalance. The median stock in the basket is projected to ach...

2023-06-20 09:30:00 ET Summary Saudi Arabia's supply cuts and the market's muted reaction probably suggest $70-$80 oil for some time and reduce the likelihood of extreme low and high scenarios. Historically, this isn't a low price range, but, unlike 2022, not every energy investme...