Schlumberger (NYSE:SLB) Stock

Schlumberger

SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts roughly $3 billion in digital-related revenue.

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Flowco Holdings Inc (NYSE: FLOC) is poised to benefit from continued growth in HPGL market, strong balance sheet, and attractive returns.

Flowco Analysts See Market Expansion, Strong Margins, Double-Digit Growth Ahead

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NextEra Energy posted in-line earnings for the fourth quarter and said it continues to expect adjusted EPS of $3.45-$3.70 for fiscal 2025.

Jim Cramer Likes This Utilities Stock: &#39;I Think You&#39;ve Got A Good One&#39;

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Schlumberger&#39;s stock remains relatively flat premarket after a 2% increase yesterday, following the announcement of a subsea production systems agreement with Vår Energi to fast-track oil and gas developments on the Norwegian Continental Shelf.

Schlumberger Expands Subsea Partnership with Vår Energi: Details

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Schlumberger Option Alert: Feb 28 $44 Calls Sweep (55) near the Ask: 2075 @ $0.29 vs 741 OI; Earnings 4/21 Before Open [est] Ref=$42.865

SLB Is Reorganizing Certain Functions Within Its Business And Continuing To Reduce Its Workforce, According To A Source Familiar With the Matter And An Internal Email Seen By Reuters

Since its IPO in January, shares of Flowco Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLOC#NYSE">FLOC</a>) are trading lower by almost 3%.
Here are some key analyst takeaways from their respective initiation notes.
JPMorgan On Flowco
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59b8033d15737d000128a73d/arun-jayaram">Analyst Arun Jayaram</a> initiated coverage with an Overweight rating and price target of $32.
Flowco is a "pure-play artificial lift company focused on U.S. shale," and is the industry leader in high pressure gas lift (HPGL) systems, Jayaram said in a note. The demand for the company's vapor recovery units (VRUs) is also tied to the "oil and gas industry&#8217;s production optimization needs," he added.
According to research and consulting firm Rystad's estimates, the HPGL market could nearly double to $2.3 billion by 2030, while the VRU TAM (total addressable market) could grow by around 40% to $9.6 billion during this time, the analyst stated. Flowco has a strong balance sheet which allows it to invest in strategic initiatives, drive inorganic growth or "capitalize in the event of a dislocation in the markets," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
BMO Capital Markets On Flowco
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59493ca470ed7a0001097207/phillip-jungwirth">Analyst Phillip Jungwirth</a> began coverage with an Outperform rating and price target of $33.
Flowco is likely to grow revenues by 14% to $837 million in 2025 and by 14% to $950 million in 2026, accelerating from 10% in 2024, Jungwirth said in a note. Growth is likely to be "weighted towards continued HPGL market penetration," he added.
The company generates industry-leading EBITDA margins and delivers "attractive corporate returns," the analyst stated. "We expect strong top-line growth, along with positive segment (Product Solutions) and product (HPGL) mix to drive continued margin expansion," he further wrote.
Piper Sandler On Flowco
Analyst Derek Podhaizer initiated coverage with an Overweight rating and price target of $34.
"Flowco&#8217;s unique story within the production phase of the well lifecycle appears to resonate with investors, giving the market a way to invest in the E&amp;P opex theme vs. the capex cycle," Podhaizer said. The company fills the void left by ChampionX Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHX#NASDAQ">CHX</a>) after it was acquired by Schlumberger NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) last year, he added.
While peers are expecting 2025 to be a down year and 2026 to be a year of uncertainties, Flowco has projected double-digit revenue growth in both years, the analyst stated.
FLOC Price Action: Shares of Flowco had declined by 0.24% to $28.58 at the time of publication on Monday.
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On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer said he likes NextEra Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) and recommended buying the same. &#8220;I think you've got a <a href="https://www.benzinga.com/quote/NEE/earnings">good one,&#8221; he added</a>.
On Jan. 24, NextEra Energy Inc posted in-line earnings for the fourth quarter and said it continues to expect adjusted EPS of $3.45-$3.70 for FY25.
<h3 class="wp-block-heading">Cramer&#8217;s Take On Tech Stocks</h3>
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<li>Fastly, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>) has missed the quarter too often, Cramer said. &#8220;If you want to be in that, you want to be in Cloudflare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>).&#8221; The San Francisco-based company will release financial results for the fourth quarter after the closing bell on Wednesday, Feb. 12.</li>
<li>A10 Networks, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATEN#NYSE">ATEN</a>) is &#8220;up in a straight line, it's a parabolic move.&#8221; He noted that although it's a good company, but he can't recommend parabolic stocks. &#8220;Let that one come in,&#8221; he added. The San Jose, California-based company, on Feb. 4, posted better-than-expected earnings for its fourth quarter.</li>
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<h3 class="wp-block-heading">Other Stocks In Focus</h3>
Danaher Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) has been bad for him, the Mad Money host said. &#8220;That last quarter was terrible, and, frankly, they were very smug on the call talking about how good it was, and that was a very ill-advised strategy that they adopted, and I don't like it.&#8221;
Supporting his view, Raymond James analyst Andrew Cooper, on Feb. 3, downgraded Danaher from Outperform to Market Perform.
IES Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IESC#NASDAQ">IESC</a>) is Jeffrey Gendell's [Chief Executive Officer for IES Holdings] company, Cramer said. &#8220;He is a, just an amazing man.&#8221;
As per the recent earnings report, IES, on Tuesday, reported quarterly earnings of $2.64 per share, up from $1.86 per share from the same period last year. The company reported $749.50 million in sales during the quarter, compared to $634.40 million the same period last year.
Cramer said Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) is a &#8220;really great&#8221; company, but he doesn't want to recommend the stock. &#8220;It's the best house in a bad neighborhood, and we don't want to be in bad neighborhoods,&#8221; he added.
In the recent news, Schlumberger's OneSubsea joint venture on Tuesday entered an agreement with Vår Energi to deliver a subsea production systems work scope, aimed at supporting multiple upcoming oil and gas developments on the Norwegian Continental Shelf.
Price Action:
<ul>
<li>NextEra Energy shares gained 0.1% to settle at $69.27 on Thursday.</li>
<li>Fastly shares dipped 2.4% to close at $9.99 during the session.</li>
<li>Danaher shares fell 1% to settle at $210.01.</li>
<li>IES shares climbed 8.4% to close at $242.10 on Thursday.</li>
<li>SLB shares fell 1.9% to settle at $40.05.</li>
<li>A10 Networks shares fell 1.3% to close at $20.55 on Thursday.</li>
</ul>
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Image: Shutterstock

Jim Cramer Likes This Utilities Stock: 'I Think You've Got A Good One'

Investors with a lot of money to spend have taken a bullish stance on Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SLB, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 11 uncommon options trades for Schlumberger.
This isn't normal.
The overall sentiment of these big-money traders is split between 54% bullish and 27%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $691,564, and 2 are calls, for a total amount of $87,547.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $32.5 and $60.0 for Schlumberger, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Schlumberger's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Schlumberger's whale activity within a strike price range from $32.5 to $60.0 in the last 30 days. 
<h3>Schlumberger Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738871134_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SLB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$7.55</td>
<td>$7.45</td>
<td>$7.45</td>
<td>$47.50</td>
<td>$206.3K</td>
<td>163</td>
<td>278</td>
</tr>
<tr>
<td>SLB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$1.12</td>
<td>$1.09</td>
<td>$1.11</td>
<td>$37.50</td>
<td>$205.3K</td>
<td>12.5K</td>
<td>2.1K</td>
</tr>
<tr>
<td>SLB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$3.15</td>
<td>$3.1</td>
<td>$3.1</td>
<td>$37.50</td>
<td>$77.5K</td>
<td>7.1K</td>
<td>261</td>
</tr>
<tr>
<td>SLB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/21/25</td>
<td>$0.52</td>
<td>$0.45</td>
<td>$0.45</td>
<td>$60.00</td>
<td>$45.0K</td>
<td>62</td>
<td>1.3K</td>
</tr>
<tr>
<td>SLB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$1.58</td>
<td>$1.54</td>
<td>$1.57</td>
<td>$40.00</td>
<td>$42.5K</td>
<td>4.0K</td>
<td>409</td>
</tr>
</tbody>
</table>

<h3>About Schlumberger</h3>
SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts roughly $3 billion in digital-related revenue.
Following our analysis of the options activities associated with Schlumberger, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Schlumberger</h3>
<ul>
<li>Trading volume stands at 7,673,133, with SLB's price down by -2.35%, positioned at $39.85.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 74 days.</li>
</ul>
<h3>What Analysts Are Saying About Schlumberger</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $51.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $57. 
&#x2A; Consistent in their evaluation, an analyst from TD Cowen keeps a Buy rating on Schlumberger with a target price of $53. 
&#x2A; An analyst from JP Morgan persists with their Overweight rating on Schlumberger, maintaining a target price of $50. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Schlumberger, targeting a price of $54. 
&#x2A; Reflecting concerns, an analyst from Evercore ISI Group lowers its rating to In-Line with a new price target of $44.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Schlumberger, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Spotlight on Schlumberger: Analyzing the Surge in Options Activity

Schlumberger N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) shares are trading relatively flat in the premarket session on Wednesday after jumping<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43461136/slb-onesubsea-signs-agreement-with-v-r-energi-for-upcoming-subsea-developments-in-norway" rel="noreferrer noopener"> over 2% yesterday.</a>
Yesterday, Schlumberger&#8217;s OneSubsea joint venture entered an agreement with Vår Energi to deliver a subsea production systems work scope, aimed at supporting multiple upcoming oil and gas developments on the Norwegian Continental Shelf.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, SLB stock has lost over 15% in the past year.
This collaboration, which builds on an existing strategic subsea partnership, will fast-track subsea developments by leveraging standardized, configurable subsea equipment.
The work begins immediately with the delivery of two key equipment packages that will streamline future project timelines.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43489392/alphabet-plunges-71-in-pre-market-as-cloud-revenue-disappoints-and-ai-spending-surges" rel="noreferrer noopener">Google-Parent Alphabet Plunges 7% In Wednesday Pre-Market: What&#8217;s Going On?</a>
The first package consists of a full SPS system, including four vertical subsea trees, wellheads, templates, manifolds, and umbilicals, designed for quick deployment across any of Vår Energi&#8217;s fields.
The second package focuses on the engineering and procurement of a similar SPS system, which will allow for reduced lead times in future developments.
Investors can gain exposure to the stock via iShares U.S. Oil Equipment &amp; Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEZ#NYSE">IEZ</a>).
Mads Hjelmeland, CEO of SLB OneSubsea, emphasized that this approach simplifies processes and accelerates resource unlocking, demonstrating the strong commitment between the two companies to configurable solutions.
&#8220;This is a significant step forward for our partnership, and we are grateful for our open, collaborative relationship with Vår that now leads to such new ways of creating mutual value for both companies,&#8221; Hjelmeland said.
Price Action: SLB stock is down 0.44% at $41.04 premarket at the last check Wednesday.
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Photo via Shutterstock.

WIIM

Schlumberger shares are trading higher after the company announced its subsidiary SubSea entered a joint venture with Vår Energi.

SLB's SubSea Joint Venture And Vår Energi Sign Agreement For A Subsea Production Systems Work Scope

Abdellah Merad, EVP at Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>), executed a substantial insider sell on January 29, according to an SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000087347/000112760225002326//Archives/edgar/data/87347/000112760225002326/0001127602-25-002326-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that Merad sold 60,000 shares of Schlumberger. The total transaction amounted to $2,486,400. 
Schlumberger's shares are actively trading at $40.79, experiencing a down of 0.36% during Thursday's morning session.
<h3>Discovering Schlumberger: A Closer Look</h3>
SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts roughly $3 billion in digital-related revenue.
<h3>Schlumberger: Delving into Financials</h3>
Revenue Growth: Schlumberger's remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 3.27%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 21.12%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 0.778805, Schlumberger showcases strong earnings per share.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.57.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 13.16 is lower than the industry average, implying a discounted valuation for Schlumberger's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.62 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 8.03, Schlumberger presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
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<h3>Why Pay Attention to Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000087347">Check Out The Full List Of Schlumberger's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Selling: Abdellah Merad Unloads $2.49M Of Schlumberger Stock

DEEP Earth Energy Production Corp. (DEEP) announces a strategic collaboration with global energy technology company SLB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) to drive the development of Canada's first next-generation geothermal project, located in southeast Saskatchewan. With the feasibility phase now complete, the project is poised to produce up to approximately 30 MW of emissions-free, baseload power on completion of its initial two phases — marking a major milestone for geothermal energy in Canada.
Despite Canada's vast geothermal potential, the resource has remained largely untapped due to economic and technical challenges tied to conventional extraction methods. DEEP's geothermal project will leverage proven approaches from conventional field development in oil &amp; gas, to deploy advanced horizontal drilling techniques to access some of the most productive zones in the formation, as well as production enhancement technologies to optimize output of geothermal energy generation. This cutting-edge methodology, supported by SLB's global expertise in geothermal technology, integrated well construction, and extensive regional drilling experience, represents a first-of-its-kind application for geothermal development in Canada.

Global

DEEP Earth Energy Production Announces Collaboration With SLB For Canada's First 30 MW Geothermal Project In Saskatchewan Using Advanced Drilling Techniques

SLB Capturi, a joint venture&nbsp;between Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) and Aker Solutions, secured an engineering, procurement, construction, installation, and commissioning <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b43220800/slb-capturi-and-aker-solutions-win-contract-to-deliver-carbon-capture-solution-for-hafslund-celsio" rel="noreferrer noopener">(EPCIC) contract from Hafslund Celsio</a>.
The company plans to deliver a carbon capture solution at its Klemetsrud waste-to-energy facility in Oslo.
The contract includes a carbon capture plant, liquefaction system, temporary storage, and a loading facility at the waste incineration site, along with an intermediate CO2 storage and ship loading system at Oslo harbor.
The project will use SLB Capturi&#8217;s modularized Just Catch 400 unit, which enables a cost-effective solution by minimizing onsite footprint, installation, and outfitting work.
The plant is expected to capture 350,000 metric tons of CO2 annually, upon operational, which will be transported to the Northern Lights storage facility.
The EPCIC award follows a cost-reduction phase that identified efficiencies, including layout optimization.
The project is part of Longship, Norway&#8217;s full value-chain CCS initiative. Hafslund Celsio&#8217;s project is the second carbon capture plant in Longship, with SLB Capturi also delivering the carbon capture plant at Heidelberg Materials&#8217; Brevik cement facility in collaboration with Aker Solutions.
Martin S. Lundby, chief executive officer at Hafslund Celsio, stated, &#8220;Our partners bring valuable expertise from large industrial developments both in Norway and internationally. Together, we will construct a carbon capture solution that is expected to be operational by third quarter 2029.&#8221;
&#8220;This project is a testament to important public and private collaboration to build an industrial value chain for carbon capture and storage. The project will also significantly contribute to reducing emissions and will create value for both industry and society,&#8221; added Kjetel Digre, CEO of Aker Solutions.
Last week, SLB, along with Star Energy Geothermal, a subsidiary of Indonesian renewable energy company&nbsp;Barito Renewables, entered into a partnership to<a target="_blank" href="https://www.benzinga.com/25/01/43135328/slb-teams-up-with-star-energy-geothermal-to-advance-geothermal-tech" rel="noreferrer noopener"> boost geothermal technology</a>.
Recently, the company reported&nbsp;better-than-expected fourth-quarter 2024 results, with revenue of $9.28 billion, beating the consensus of $9.18 billion. Adjusted EPS increased 7% to 92 cents,&nbsp;above <a target="_blank" href="https://www.benzinga.com/25/01/43055401/schlumberger-posts-strong-q4-results-raises-dividend-and-buybacks-championx-deal-to-strengthen-future-growth" rel="noreferrer noopener">the consensus of 90 cents</a>.
SLB raised its dividend by 3.6% and initiated $2.3 billion in accelerated share repurchase, boosting shareholder returns.
Investors can gain exposure to the stock via iShares U.S. Oil Equipment &amp; Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEZ#NYSE">IEZ</a>) and&nbsp;VanEck Oil Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OIH#NYSE">OIH</a>).
Price Action: SLB shares are down 0.40% at $42.08 premarket at the last check Monday.
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Image via Shutterstock.

Contracts

Schlumberger JV Lands Carbon Capture Deal In Oslo, Norway: Details

Innovative capture technology design enables key carbon capture and storage project in Norway to move forward

AKRTF

SLB Capturi And Aker Solutions Secure Major Contract For Carbon Capture Project At Hafslund Celsio's Waste-To-Energy Facility In Oslo

Katy Huberty, the Global Head of Research at Morgan Stanley, has spotlighted 20 stocks from companies that are likely to see significant benefits from the adoption of Artificial Intelligence (AI).
What Happened: Huberty expressed that we are currently at a &#8220;tipping point&#8221; for AI adoption. She underscored that businesses utilizing AI to boost their profits are on the verge of reaping considerable benefits.
Speaking <a href="https://www.businessinsider.com/ai-adopters-stocks-to-buy-beneficiaries-pricing-power-morgan-stanley-2025-1#home-depot-1">with</a> Business Insider earlier this month, Huberty pointed out that businesses with strong pricing power, those capable of maintaining or increasing their prices due to high demand, will witness the most significant impact on their profits. 
&#8220;Pricing power will allow the&nbsp;companies to retain the productivity&nbsp;that they experience on the&nbsp;back of these investments and&nbsp;not have to pass that&nbsp;on to the customer,&#8221; she elaborated.
Also Read: <a href="https://www.benzinga.com/markets/25/01/43216975/fund-manager-stanley-druckenmiller-delivers-blunt-take-on-markets-after-trumps-return-in-terms-of-markets-i-would-say-its-complicated">Fund Manager Stanley Druckenmiller Delivers Blunt Take On Markets After Trump&#8217;s Return: &#8216;In Terms of Markets, I Would Say It&#8217;s Complicated&#8217;</a>
Huberty referred&nbsp;to a list of stocks&nbsp;her team assembled in client&nbsp;note. The stocks, all AI adopters with high pricing power, have&nbsp;market caps over $20 billion.&nbsp;The list comprises&nbsp;The Home Depot, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>),&nbsp;Thermo Fisher Scientific Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMO#NYSE">TMO</a>), and&nbsp;Intuitive Surgical, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>), Deere &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>), MercadoLibre Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>), Marriott International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), Hilton Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>), PACCAR Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>), Schlumberger NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>), Johnson Controls International PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>), Axon Enterprise Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>), Coupang Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPNG#NYSE">CPNG</a>), Baker Hughes Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>), Experian PLC, Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), IDEXX Laboratories Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>), United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UA#NASDAQ">UA</a>), Halliburton Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>), among others.
Why It Matters: The adoption of AI has been a hot topic in recent years, with many industries recognizing its potential to transform business operations and drive profitability. 
Huberty&#8217;s identification of these 20 stocks underscores the growing importance of AI in the business landscape. Companies that successfully leverage AI technologies stand to gain a competitive edge, particularly those with strong pricing power. 
This development could signal a shift in investment strategies, with investors potentially looking to companies with strong AI adoption as promising opportunities.
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Image: Shutterstock

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Morgan Stanley Reveals Top 20 AI-Driven Stocks as Adoption Hits Critical Mass

Schlumberger shares are trading lower amid weakness in energy stocks.

Schlumberger N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>), a global energy technology company, and Star Energy Geothermal, a subsidiary of Indonesian renewable energy company Barito Renewables, entered into a partnership to <a target="_blank" href="https://www.slb.com/news-and-insights/newsroom/press-release/2025/slb-and-star-energy-geothermal-announce-technology-collaboration" rel="noreferrer noopener">boost geothermal technology</a>.
This collaboration is designed to enhance the cost-effectiveness and operational efficiency of geothermal projects, concentrating on boosting recovery rates and minimizing project-related risks.
This partnership integrates Star Energy Geothermal&#8217;s geothermal development knowledge with SLB&#8217;s energy technology solutions expertise.
This partnership follows previous joint efforts by SLB and Star Energy Geothermal to optimize geothermal well placements and incorporate artificial intelligence for improved drilling efficiency.
Going forward, the two companies will focus on advancing technologies for subsurface characterization, drilling, and geothermal asset production.
&#8220;In an industry where the risks and levelized cost of energy are perceived to be high, we look forward to working with Star Energy Geothermal to deliver groundbreaking technologies that will lower project risks and improve the overall project economics of this clean, firm and flexible energy source,&#8221; said Vice President of Renewables and Energy Efficiency at SLB, Irlan Amir.
Last week, SLB reported fourth-quarter results, with revenue rising 3% year over year to $9.28 billion and adjusted <a target="_blank" href="https://www.benzinga.com/25/01/43055401/schlumberger-posts-strong-q4-results-raises-dividend-and-buybacks-championx-deal-to-strengthen-future-growth" rel="noreferrer noopener">EPS increasing 7% to 92 cents</a>.
JP Morgan analyst Arun Jayaram recently highlighted that SLB is rapidly advancing the use and integration of digital technologies, recognizing it as a major driver of <a target="_blank" href="https://www.benzinga.com/news/25/01/43111724/slb-defies-market-expectations-says-jp-morgan" rel="noreferrer noopener">growth for the company</a>.
Price Action: SLB shares are trading lower by 2.2% at $42.78 at the last check Wednesday.
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Image via Shutterstock.

SLB Teams Up With Star Energy Geothermal To Advance Geothermal Tech: Details

Global energy technology company SLB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) and leading geothermal developer Star Energy Geothermal, a subsidiary of Indonesia's largest renewable energy company Barito Renewables (IDX: BREN), today announced a collaboration agreement to accelerate advanced technologies for geothermal asset development.
The collaboration will combine Star Energy Geothermal's extensive knowledge of geothermal development with SLB's decades of experience developing and industrializing technology solutions for the energy sector. Working closely together, SLB and Star Energy Geothermal aim to deploy technologies that shift the economics of conventional geothermal projects and improve recovery rates of geothermal assets.

SLB And Star Energy Geothermal Announce Technology Collaboration To Accelerate New Commercial Technologies That Address Geothermal Development Challenges

12 analysts have shared their evaluations of Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">4</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $52.33, a high estimate of $61.00, and a low estimate of $44.00. This current average represents a 7.38% decrease from the previous average price target of $56.50. 
<img src="https://www.benzinga.com/files/images/story/2025/1737496863_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Schlumberger. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$54.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Luca Issi</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$57.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Arun Jayaram</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>James West</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$44.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Marc Bianchi</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$53.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Lloyd Byrne</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$61.00</td>
<td>$64.00</td>
</tr>
<tr>
<td>Arun Jayaram</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$48.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Stephen Gengaro</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$59.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$50.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$53.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$46.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$53.00</td>
<td>$54.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Schlumberger. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Schlumberger compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Schlumberger's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Schlumberger's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SLB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Schlumberger analyst ratings.</a>
<h2>All You Need to Know About Schlumberger</h2>
SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts well over $1 billion in digital-related revenue.
<h3>Understanding the Numbers: Schlumberger's Finances</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Schlumberger displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 10.22%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Schlumberger's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 12.95%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.57%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.39%, the company showcases effective utilization of assets.
Debt Management: Schlumberger's debt-to-equity ratio is below the industry average. With a ratio of 0.6, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: Simplified</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Deep Dive Into Schlumberger Stock: Analyst Perspectives (12 Ratings)

JP Morgan analyst Arun Jayaram reiterated an <a href="https://www.benzinga.com/quote/SLB/analyst-ratings">Overweight rating</a> on the shares of Schlumberger NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) and raised the price target from $48 to $50.
SLB shares surged by 6.1%, outperforming the OSX index by 397 basis points, following its <a href="https://www.benzinga.com/25/01/43055401/schlumberger-posts-strong-q4-results-raises-dividend-and-buybacks-championx-deal-to-strengthen-future-growth">fourth-quarter FY24 report</a>, driven by stronger-than-expected guidance for 2025 and positive cash return projections, said the analyst.
Heading into the earnings release, both consensus and the analyst&#8217;s 2025 earnings forecasts were reduced due to concerns over spending challenges in key markets like Saudi Arabia, Mexico and NAM.
Given the slowdown in global spending trends, it was widely anticipated that the company would lower its 2025 projections, noted the analyst.
However, SLB surprised the market by maintaining a flat year-over-year revenue expectation of around $36 billion for 2025.
Additionally, the company expects to sustain flat year-over-year EBITDA and margins, with 2024 adjusted EBITDA at $9.1 billion and 25% margins. SLB also plans a divestiture of its Palliser APS business, expected to close by the end of Q1 2025.
Palliser contributed approximately $500 million in revenue and $250 million in EBITDA in 2024. The company attributed its 2025 outlook to portfolio diversification, digital growth, and increased exposure to production and recovery sectors, said the analyst.
The analyst now anticipates first-quarter FY25 revenue of $8.6 billion (compared to $8.7 billion previous year) and EBITDA of $2.05 billion (versus $2.06 billion last year).
According to the analyst, SLB is rapidly advancing the use and integration of digital technologies, recognizing it as a major driver of growth for the company.
In fourth-quarter FY24, revenue from its Digital &amp; Innovation (D&amp;I) segment increased by 6.3% sequentially, reaching $1.2 billion, fueled by a 20% year-over-year growth in digital, with cloud, AI, and edge technology contributing to a 35% rise.
Despite well-documented challenges in Saudi Arabia, the company remains optimistic about the broader Middle East, anticipating growth in markets like the UAE, Iraq, Qatar, and Kuwait to offset declines in Saudi Arabia.
LB generated $850 million in revenue from low-carbon activities in 2024, covering areas like CCUS, Geothermal energy, and emerging sectors such as data center infrastructure solutions and sees growth heading into 2025.
SLB's fourth-quarter FY24 cash return was $890 million, slightly below the analyst&#8217;s estimate of $901 million, as the company repurchased $501 million worth of shares, falling $13 million short of the projection.
The analyst forecasts $1.9 billion in buybacks for 1Q25 and $400 million for 2Q25.
Price Action: SLB shares are trading higher by 1.04% at $44.02 at the last check Tuesday.

SLB Defies Market Expectations, Says JP Morgan

Citigroup analyst Scott Gruber maintains Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) with a Buy and raises the price target from $50 to $54.

Price Target

Citigroup Maintains Buy on Schlumberger, Raises Price Target to $54

RBC Capital analyst Luca Issi reiterates Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) with a Outperform and maintains $57 price target.

Reiteration

RBC Capital Reiterates Outperform on Schlumberger, Maintains $57 Price Target

Press Releases

SLB Announces Fourth-Quarter and Full-Year 2024 Results Conference Call

SLB awarded multi-region deepwater contracts by Shell to support capital-efficient energy development

SLB Announces Fourth-Quarter and Full-Year 2024 Results, Increases Dividend and Initiates $2.3 billion in Accelerated Share Repurchases

SLB Capturi powers up its first modular carbon capture plant

SLB Capturi and Aker Solutions Win Contract to Deliver Carbon Capture Solution for Hafslund Celsio

DEEP Earth Energy Partners with Global Energy Leader SLB to Drive Next-Generation Geothermal Development in Canada

LNG Exporter Venture Global Holds IPO In New York

SLB OneSubsea signs agreement with Vår Energi for upcoming subsea developments in Norway

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