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Friday was a good day for the broad market, but a great one for oil and gas stocks. Schlumberger Limited (NYSE: SLB) ended today's session up 10.3% following an encouraging third-quarter earnings report, lifting several competitors' stocks with it. Transocean (NYSE: RIG) ral...
Schlumberger ( NYSE: SLB ) ended Friday at the top of the S&P 500 leadboard, +10.3% to $50.41 for its highest closing price in nearly four years, after reporting its best quarterly profit in seven years and raising guidance for the rest of 2022. The company said ...
Schlumberger Limited (SLB) Q3 2022 Earnings Conference Call October 21, 2022 09:30 ET Company Participants Nd Maduemezia - Vice President, Investor Relations Olivier Le Peuch - Chief Executive Officer Stephane Biguet - Chief Financial Officer Conference Cal...
Schlumberger ( NYSE: SLB ) +2.3% pre-market Friday after posting Q3 adjusted earnings and revenues that beat expectations, as higher oil and gas prices led to more drilling activity. Q3 net income surged 65% Y/Y to $907M, or $0.63/share, from $550M, or $0.39/share, i...
Schlumberger press release ( NYSE: SLB ): Q3 Non-GAAP EPS of $0.63 beats by $0.08 . Revenue of $7.5B (+28.2% Y/Y) beats by $400M . International revenue of $5.9 billion increased 13% sequentially and 26% year on year North America revenue of $1.5 billi...
Revenue of $7.5 billion increased 10% sequentially and 28% year on year International revenue of $5.9 billion increased 13% sequentially and 26% year on year North America revenue of $1.5 billion was flat sequentially and increased 37% year on year GAAP EPS of $0.63 decrea...
Schlumberger ( NYSE: SLB ) is scheduled to announce Q3 earnings results on Friday, Oct. 21, before market open. The consensus EPS estimate is $0.55 (+52.8% Y/Y) and the consensus revenue estimate is $7.1B (+21.4% Y/Y). Over the last 2 years, SLB has beaten EPS esti...
Schlumberger ( NYSE: SLB ) is evaluating unspecified options for its thousands of Russian employees as the war in Ukraine escalates, CEO Olivier Le Peuch told Reuters in an interview Thursday. Among Western companies that have not left Russia following the invasion of Uk...
Summary Oil prices could be higher for longer. Demand continues to grow globally, despite the short-term impact of the pandemic. Supply is constrained, due to ESG mandates, regulation, and underinvestment in new production. OPEC has shown it's willing to do what is needed to k...
Summary Baker Hughes Company offers exposure to the high-growth Energy sector and trades at a good forward valuation. The company's strong free cash flow should merit dividend increases through 2024. After bouncing nicely off support, BKR stock might have eyes on the upper $30...
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Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, give...
Long-term partnership will digitally transform Aker BP’s subsurface workflows to lower costs, shorten planning cycles and increase production more sustainably Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/n...