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Schlumberger Ltd. has been facing challenges in the oil sector, with multiple reviews indicating a prolonged period of underperformance. Despite a slight bounce in oil prices, the company's stock has struggled to rally, and many experts express concerns over its ability to capitalize on market conditions. Some analysts point out a mixed earnings report, noting that while EBITDA and free cash flow exceeded expectations, revenue figures fell short. A few reviews mention potential optimism surrounding drilling activity and the company's digital growth, which saw a 25% year-over-year increase. However, overarching sentiments suggest caution, with calls for covering positions amid disappointing quarterly results and a recommendation to wait for a more favorable entry point.
They report Friday. Rising prices aren't enough to turn around SLB, which has been in the dumps for a year and 4 months. But he expects a positive forecast from them, given drilling optimism.
Oil is simply not doing well.
Liked their conference call where they told you what was going wrong. Will pop if there's a flare-up in the Middle East.
Earnings beat, but revenues miss. She sighs. Shares rallied into the print. EBITDA was good and free cash flow beat expectations. Digital was up 25% YOY. Trades at only 12x forward PE, the best oil services stock.
They report Friday. Shares haven't rallied despite the bounce in oil prices.
Best of breed, but shares have not gone up along with oil prices.
Is down 9% in the last 3 months. It's too expensive to sell now.
Neither. Look at the 10-year charts, both lower today than 10 years ago. When flush with money, make acquisitions; then when things turn nasty, take write downs. Result is less than zero value creation for shareholders. The only people making money are the executives.
Their quarter disappointed, though he likes the company. Even Haliburton did better. He prefers Cotera.
A good company, but shares have run up a lot. Wait for a pullback.
He keeps an eye on it and likes it. Keeps watching it. Prefers them a little to HAL. But he won't buy it because of the oil/has sector.
Last Friday they reported a slight top and bottom line beat with revenue up 14% YOY and free cash flow up 167% YOY. Strength lies in their international business, with 10 straight quarters of double-digit growth. Guidance was encouraging, though they seldom say much, driven by this international business. Also, they raised their dividend 10% and will increase buybacks, which will absorb their higher-than-expected capex.
She sold Chevron to buy more SLB, which is the #1 player in oil field services. Traeds at 17x forward PE. They raised guidance three times this year, yet shares haven't moved. Their technology is not appreciation.
Schlumberger Ltd. is a American stock, trading under the symbol SLB-N on the New York Stock Exchange (SLB). It is usually referred to as NYSE:SLB or SLB-N
In the last year, 12 stock analysts published opinions about SLB-N. 5 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Schlumberger Ltd..
Schlumberger Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Schlumberger Ltd..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
12 stock analysts on Stockchase covered Schlumberger Ltd. In the last year. It is a trending stock that is worth watching.
On 2025-03-14, Schlumberger Ltd. (SLB-N) stock closed at a price of $41.33.
Sold it. It never became a full position. He bought it because of its last quarter and on deregulation. But oil companies won't drill that much, because it lower the price of oil.