Is SLB an AI play? Oil company's CEO makes the case as power demand swells.
Chief Executive Olivier Le Peuch said the company's digital and integration revenue rose 10% from a year ago, driven by 20% growth in digital revenue to $2.44 billion for the year. The business is ...
Bernstein Sticks to Its Buy Rating for Schlumberger (SLB)
In a report released yesterday, Guillaume Delaby from Bernstein maintained a Buy rating on Schlumberger (SLB – Research Report), with a price ...
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SLB Hikes 2025 Share Repurchase Program; AI Is The 'X Factor' For Oilfield Service Industry
Shares of SLB jumped higher Friday. The oilfield services giant saw Q4 EPS grow 7% to 92 cents with sales increasing 3% to $9.28 billion. Analysts expected earnings of 90 cents per share and revenue ...
SLB boosts dividend, share buybacks after quarterly profit beat
SLB buoyed its quarterly dividend and boosted share repurchases on Friday after the oilfield service provider posted ...
RBC Capital Reaffirms Their Buy Rating on Schlumberger (SLB)
In a report released on January 10, Keith Mackey from RBC Capital maintained a Buy rating on Schlumberger (SLB – Research Report), with a price ...