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SLB News and Press, Schlumberger N.V. From 07/17/23

Stock Information

Company Name: Schlumberger N.V.
Stock Symbol: SLB
Market: NYSE
Website: slb.com

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SLB - Schlumberger Stock: A Buy Going Into Q2 Earnings

2023-07-17 09:00:00 ET Summary Schlumberger, the largest provider of oil and gas exploration and production services, is set to report its Q2 earnings on July 21, with the stock having risen more than 30% since May. The plateauing of production growth in major basins could lead to...

SLB - The Retiree's Dividend Portfolio, Jane's June Update: Oil Demand To Reach Record Highs

2023-07-15 09:00:00 ET Summary Jane's retirement accounts generated a total of $3,091.09 of dividend income for June 2023 vs. $3,550.89 of dividend income for June 2022. Three companies paid an increased dividend or issued a special dividend during the month of June. Account b...

SLB - Oilfield services provider SLB stops all shipments to Russia

2023-07-14 23:21:04 ET SLB ( NYSE: SLB ) said Friday it is halting all shipments of products and technology into Russia "in response to the continued expansion of international sanctions." The world's largest oilfield equipment provider - formerly Schlumberger - said the Rus...

SLB - Catalyst Watch: Microsoft-Activision Blizzard drama, Splunk event and Nasdaq 100 rebalancing countdown

2023-07-14 15:00:24 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...

SLB - Valaris Stock: Revenue And Profit Growth Trends Indicate Undervaluation

2023-07-12 10:26:29 ET Summary It's time to consider investing in offshore drilling service providers, to benefit from the unfolding upcycle, which is still in the early innings. Importantly, another newbuild cycle appears unlikely. Leading offshore drilling contractor Valaris may...

SLB - Crude oil gains, with Brent best since April, as market seen tightening in H2

2023-07-11 18:50:56 ET Energy was Tuesday's easy winner on the S&P sector leaderboard, +2.2% with crude oil prices rebounding from the prior session's loss as expectations rise for the oil market to remain tight despite lingering growth concerns. The U.S. Energy Information Admi...

SLB - Schlumberger: Attractive Multiples And Positive Technical Outlooks (Technical Analysis)

2023-07-10 05:47:34 ET Summary Schlumberger Limited is identified as an undervalued stock with potential for mid-term and long-term uptrend, based on regression models and technical analysis. SLB stock's current trading multiples are lower than predicted, indicating undervaluation...

SLB - The Retirees' Dividend Portfolio: John And Jane's June 2023 Taxable Account Update

2023-07-08 09:00:00 ET Summary The Taxable Account generated $2,111.31 of dividend income for June 2023 compared with $1,825.40 of dividend income for June 2022. The Taxable Account had a balance of $533.9K as of June 30, 2023, vs. $493.5K on June 30, 2022. The annualized cost bas...

SLB - Energy stocks score biggest rise in a month as OPEC+ cuts begin to show

2023-07-07 20:30:51 ET Energy stocks closed an otherwise mediocre week in strong fashion, as oil traders who have grappled with concerns over the global demand outlook may finally see signs of tightening in the oil market. Saudi Arabia and Russia started the week announcing fresh prod...

SLB - As Depletion Catches Up To U.S. Shale, Here Are 3 Things To Consider Before Buying Oil Stocks

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. ...

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