Jul. 11 at 2:56 PM
$SLB Heads up alert! upcoming earnings on Friday, 7/18/2025 for
$SLB
Bullish (7.5)
### Detailed Analysis
Schlumberger Limited (SLB) is demonstrating a robust performance trajectory amid mixed market conditions.
Recently closing at
$36.65, the stock has shown a steady upward movement, with a notable +1.1% change from the previous trading day.
Analysts have maintained a bullish outlook, with J.P.
Morgan reiterating a ""Buy"" rating and setting a price target of
$44, while RBC Capital has a more optimistic target of
$48.
Despite facing challenges, particularly in well construction in regions like Saudi Arabia, the company's strategic initiatives, such as its OneSubsea joint venture and the Sequestri carbon storage solutions, are positioning it well for long-term growth.
Financially, SLB is trading at a trailing P/E ratio of 11.30 and a forward P/E of 10.29, which is competitive within the oilfield services industry.
The company's EPS growth and revenue forecasts are supportive, although there have been some recent dips in revenue.
Compared to peers, SLB remains a strong contender, with significant investments in technology and decarbonization solutions like Electris and Sequestri, which should further enhance its market position.
### Upcoming Earnings Report
Schlumberger is set to release its next quarterly earnings report, with expectations of a double-digit dip in earnings.
Historically, the company has faced fluctuations in quarterly performance, often affected by global oil market dynamics and regional operational challenges.
Analyst consensus estimates suggest a cautious outlook, with potential impacts from decreased drilling activity in key regions like Saudi Arabia and Latin America.
However, the company's ongoing strategic initiatives and technology advancements could mitigate some negative impacts.
### Sector Performance
The overall energy sector, to which Schlumberger belongs, has had a mixed start to 2025.
Natural gas stocks have seen a surge, whereas oil stocks, including those in the oilfield services segment, have lagged.
Despite these challenges, the sector is holding steady with the S&P 500, thanks to the strong performance in natural gas.
Schlumberger's investments in innovative technologies and strategic partnerships, such as the collaboration with Cactus Drilling, position it well to benefit from any future uptick in the broader energy market conditions.
- Funds were net buyers of
$SLB during the previous reporting quarter.
- Top 5 funds with large holdings in
$SLB:
- Exor Capital LLP, MV:
$169MM. Fund Rank: 96%
www.exor.com
- Canada Pension , MV:
$73MM. Fund Rank: 75%
- Invenomic Capital Management LP, MV:
$24MM. Fund Rank: 72%
www.invenomic.com
- Encompass Capital, MV:
$23MM. Fund Rank: 54%
- Winslow Asset Management, MV:
$7MM. Fund Rank: 81%
www.winslowasset.com
- Last 10 days performance: 7%
- Last 30 days performance: 6%
- Last 90 days performance: 12%
Some of the latest news articles:
- Title: Schlumberger (SLB) Outperforms Broader Market: What You Need to Know
Publication Date: 7/10/2025 10:00:04 PM, Source: yahoo
URL: https://finance.yahoo.com/news/schlumberger-slb-outperforms-broader-market-220004066.html?.tsrc=rss
- Title: Investors Heavily Search Schlumberger Limited (SLB): Here is What You Need to Know
Publication Date: 7/10/2025 1:00:03 PM, Source: yahoo
URL: https://finance.yahoo.com/news/investors-heavily-search-schlumberger-limited-130003996.html?.tsrc=rss
- Title: Stocks Finish Mixed on Strength in Chip Makers and Higher Bond Yields
Publication Date: 7/8/2025 8:40:49 PM, Source: yahoo
URL: https://www.barchart.com/story/news/33281019/stocks-finish-mixed-on-strength-in-chip-makers-and-higher-bond-yields?.tsrc=rss
- Title: Stocks Mixed as Bond Yields Climb
Publication Date: 7/8/2025 3:30:27 PM, Source: yahoo
URL: https://www.barchart.com/story/news/33274877/stocks-mixed-as-bond-yields-climb?.tsrc=rss
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