SLB N.V.
- Open
- 58.19
- Day high
- 60.46
- Day low
- 57.97
- Prev close
- 57.33
- Volume
- 34.6M
- Mkt cap
- $89.2B
- P/E (TTM)
- 28.9
- EPS (TTM)
- $2.08
- P/B
- 3.4
- P/S
- 2.5
- Yield
- 0.98%
- Per share
- $0.59
- ▼Insiders net selling -$1.6M over the last 3 months (0 open-market buys, 2 sales)
- 🏛Institutions mixed (13F)
SLB N.V. (SLB) is a Energy company listed on NYSE. The stock is up 63% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 2 sales (SEC Form 4). Drillr has 11 published research articles covering SLB.
SLB N.V. (SLB) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 12 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
SLB earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 24, 2026 | $0.51 | $0.55 | +7.2% | $9.0B | +3.6% |
| Apr 24, 2026 | $0.51 | $0.52 | +2.2% | $8.7B | +1.2% |
| Jan 23, 2026 | $0.74 | $0.78 | +4.8% | $9.7B | +2.3% |
| Oct 17, 2025 | $0.66 | $0.69 | +4.2% | $8.9B | -0.1% |
| Jul 18, 2025 | $0.73 | $0.74 | +1.9% | $8.5B | -0.1% |
| Apr 25, 2025 | $0.74 | $0.72 | -2.2% | $8.5B | -1.8% |
| Jan 17, 2025 | $0.90 | $0.92 | +2.0% | $9.3B | +0.6% |
| Oct 18, 2024 | $0.88 | $0.89 | +1.0% | $9.2B | -1.2% |
| Jul 19, 2024 | $0.83 | $0.85 | +2.2% | $9.1B | +0.7% |
| Apr 19, 2024 | $0.75 | $0.75 | -0.3% | $8.7B | -0.1% |
| Jan 19, 2024 | $0.84 | $0.86 | +1.8% | $9.0B | -0.0% |
| Oct 20, 2023 | $0.78 | $0.78 | +0.5% | $8.3B | -0.9% |
SLB insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 27, 2026 | Le Peuch Olivierdirector, officer: Chief Executive Officer | Sell | 5,000 | $55.00 |
| Aug 26, 2026 | Le Peuch Olivierdirector, officer: Chief Executive Officer | Sell | 25,000 | $52.55 |
| May 27, 2026 | Le Peuch Olivierdirector, officer: Chief Executive Officer | Sell | 25,000 | $56.99 |
| May 7, 2026 | de La Chevardiere Patrickdirector | Sell | 2,000 | $54.33 |
| May 1, 2026 | de La Chevardiere Patrickdirector | Grant | 3,428 | — |
| May 1, 2026 | Galuccio Miguel Matiasdirector | Grant | 3,428 | — |
| May 1, 2026 | HACKETT JAMES Tdirector | Grant | 5,450 | — |
| May 1, 2026 | Leupold Samuel Georg Friedrichdirector | Grant | 3,428 | — |
| May 1, 2026 | Coleman Peter Johndirector | Grant | 3,428 | — |
| May 1, 2026 | Sheets Jeffrey Waynedirector | Grant | 3,428 | — |
| May 1, 2026 | Gassen Steve Matthewofficer: EVP, Geographies | Sell | 33,379 | $56.19 |
| May 1, 2026 | Narayanan Vanithadirector | Grant | 3,428 | — |
| May 1, 2026 | Moraeus Hanssen Mariadirector | Grant | 3,428 | — |
| May 1, 2026 | Gassen Steve Matthewofficer: EVP, Geographies | Option | 21,980 | $38.75 |
| May 1, 2026 | Gassen Steve Matthewofficer: EVP, Geographies | Sell | 20,000 | $56.16 |
Source: SLB SEC Form 4 filings, latest Aug 27, 2026. For informational purposes only — not investment advice.
See the full SLB insider & 13F page →SLB research & analysis
SLB Stock: Iran Oil Shock and Hormuz Risk
Schlumberger Middle East 35-40% revenue. Iran tension drives Saudi/Iraq/UAE friend-shoring activity directly to SLB services revenue.
HALSLB: Gulf Oil Resumption Lags Street as Iran War Disrupts Q1
SLB's Q1 earnings showed Middle East revenue down 10% with ongoing demobilizations from the Iran conflict, contradicting the IEA's projection of swift Gulf oil field resumption. The market sold oilfield services stocks but hasn't repriced energy producers XOM and CVX for the extended tight-supply window this signals. The trade is long the producers on 6-9 month crude strength, breaking if official Gulf resumption announcements or OPEC data show rapid supply return by mid-May.
XOMCVXHALCan Energy Stocks Hold Gains as Middle East Ceasefire Hopes Strip Geopolitical Premium?
Last week's S&P 500 rally on Middle East ceasefire hopes creates a tactical mispricing in energy stocks. While XLE participated in the broad market advance, the de-escalation narrative removes the geopolitical premium that had been supporting energy valuations, setting up 5-10% underperformance versus the S&P 500 over 30 days as the conflict bid unwinds.
XLEXLFXLIMiddle East De-Escalation Talks: Why XOM, JPM, and SLB Benefit Most — and OXY Lags
US-Iran ceasefire talks in Islamabad on April 11 signal Middle East de-escalation, favoring integrated oils like XOM and CVX for stable refining, big banks JPM/BAC for lower provisions, and services SLB amid resilient rigs—while upstream OXY lags. Ranked conviction prioritizes cash-rich names. Watch negotiation breakthroughs and oil flows.
XOMCVXJPMUS-Iran De-Escalation Talks: Why CVX, XOM, and JPM Are the Biggest Winners
US-Iran talks in Pakistan on April 11 signal Middle East de-escalation, lowering oil premiums and volatility to favor integrated majors (CVX, XOM), banks (JPM, BAC), services (SLB), and upstream (OXY). Ranked conviction highlights CVX and XOM for stability and FCF.
XOMCVXOXYXLE Holds Firm as US-Iran Talks Fail — Oil Could Hit $120 and These Stocks Benefit
Faltering US-Iran ceasefire talks triggered a Gulf stock selloff amid escalation fears, but XLE holds resilient on high oil prices. Geopolitical risks could drive crude to $120+, boosting the ETF's top holdings like XOM and CVX. Bullish on XLE at current valuations amid skewed odds for higher oil.
XLEXOMCVXOil Falls Below $100 on Iran De-Escalation — JPM and XOM Emerge as Top Winners
Trump's Iran de-escalation signals dropped Brent below $100, pressuring pure energy plays while boosting banks and integrated majors via stability and refining gains. JPM and XOM top the winners list with strong FCF and low multiples; OXY lags as upstream exposure bites. Investors should favor diversified resilience over high-beta oil bets.
JPMBACXOM$140 Oil Stalls Stock Rally: OXY, XOM Win as AAL, DAL Bleed
Sustained $140+ oil per Bloomberg's April 2 report stalls stocks, favoring XOM, CVX, OXY, SLB via higher realizations while crushing AAL and DAL on fuel costs. Energy winners show robust margins and FCF; airlines face EPS erosion. Ranked: OXY > XOM > CVX > SLB > DAL > AAL.
XOMCVXOXYOil Hits $150 on Hormuz Crisis: OXY, SLB Surge While AAL and DAL Face Margin Collapse
Hormuz crisis spikes oil to $150/bbl, boosting XOM, CVX, OXY, SLB via upstream cash flows while unhedged AAL and DAL face margin squeezes. OXY leads winners on Permian leverage; airlines trail on fuel exposure.
XOMCVXOXYBrent Crude Slides on Hormuz News: OXY Ranked Top Loser, F Top Winner
Pakistan's April 7, 2026, plea to open the Strait of Hormuz triggered a Brent slide, pressuring energy stocks like OXY and SLB while aiding Ford and Walmart via cheaper gas. Analysis ranks OXY as top loser and F as prime winner based on TTM metrics and guidance.
XOMCVXOXYStrait of Hormuz Reopening: Is XLE's 12% Rally Already Priced In — or Is OIH Next?
Bloomberg's April 8 note flags markets pricing a Strait of Hormuz reopening, stabilizing XLE at $61 after a 12% March rally. Oil services via OIH remain bullish on lingering risks, with HAL and SLB showing strong YTD gains and undervalued multiples. Watch shipping flows and Q1 earnings for next moves.
XLEOIHXOM
SLB N.V. company profile
Overview
Schlumberger Limited (NYSE:SLB) is a multinational oilfield services company founded in 1926 and headquartered in Houston, Texas. Originally established as Société de prospection électrique, the company has evolved into the world's largest oilfield services provider, offering technology solutions to the global energy industry. With operations spanning across four main divisions, Schlumberger serves oil and gas companies worldwide through drilling, reservoir characterization, production optimization, and digital technology services. The company has been publicly traded since 1981 and has undergone significant transformation in recent years, expanding beyond traditional oil and gas services into digital solutions, renewable energy technologies, and low-carbon initiatives.
Business
Schlumberger operates in the oilfield services industry, which provides essential support services to oil and gas exploration and production companies. Unlike oil companies that extract and sell petroleum products, oilfield services companies like Schlumberger provide the specialized technology, equipment, and expertise needed to find, drill, and produce oil and gas from underground reservoirs. The company operates through four primary business divisions: 1. Digital & Integration (approximately 13% of revenue): This division provides software solutions, data analytics, artificial intelligence platforms, and IT infrastructure services to help energy companies optimize their operations. Key offerings include the Delfi digital platform for cloud-based exploration and production workflows, and the recently launched Lumi platform that integrates AI and machine learning capabilities. This segment also provides consulting services for reservoir characterization and field development planning. 2. Reservoir Performance (approximately 20% of revenue): This division focuses on understanding and optimizing underground oil and gas reservoirs. Services include wireline logging (using specialized tools lowered into wells to measure rock and fluid properties), seismic testing (using sound waves to map underground formations), and reservoir testing to determine how much oil or gas can be extracted and at what rate. 3. Well Construction (approximately 36% of revenue): The largest division provides drilling-related services including drilling fluids (specialized mud that lubricates drill bits and carries rock cuttings to the surface), drill bits, cementing services (sealing wells with concrete), and directional drilling technology that allows wells to be drilled at angles rather than just vertically. This division also includes land drilling rigs and related equipment. 4. Production Systems (approximately 31% of revenue): This division provides equipment and services needed once oil and gas production begins, including artificial lift systems (pumps that help bring oil to the surface), subsea production systems for offshore wells, wellhead equipment, and production optimization services to maximize output from existing wells.
Revenue model
Schlumberger generates revenue primarily through service fees and equipment sales to oil and gas exploration and production companies. The company's customers include major international oil companies (like ExxonMobil, Shell, BP), national oil companies (like Saudi Aramco, Petrobras), and independent oil and gas producers worldwide. The business model operates on multiple revenue streams: 1. Service contracts where Schlumberger provides specialized technical services like drilling, logging, and testing on a per-well or per-project basis. 2. Equipment sales and rentals of drilling tools, production equipment, and subsea systems. 3. Software subscriptions and licensing for digital platforms and data analytics tools. 4. Integrated project management where Schlumberger takes responsibility for entire drilling or production projects. Several factors significantly impact the company's margins and profitability. Oil and gas commodity prices are the primary driver, as higher prices encourage more exploration and production investment by energy companies, leading to increased demand for Schlumberger's services. Global upstream capital expenditure by oil companies directly correlates with revenue, as companies increase or decrease drilling and production activities based on market conditions and long-term energy demand forecasts. Geographic diversification provides both opportunities and risks - international markets, particularly the Middle East and offshore projects, typically offer higher margins than North American land-based operations. Technology differentiation allows premium pricing for advanced services like digital analytics and complex drilling techniques. Service capacity constraints during periods of high activity can drive pricing power, while oversupply during downturns pressures margins. The company's margins also benefit from operational efficiency improvements through digital technologies and automation, while being pressured by labor and material cost inflation. Currency fluctuations affect international operations, and regulatory changes in different countries can impact market access and operational costs.
Competitive moat
Schlumberger's competitive moat is moderately strong but faces increasing challenges. The company's primary advantages stem from its scale and global reach, operating in over 100 countries with extensive local infrastructure and relationships that would be difficult and expensive for competitors to replicate. This geographic footprint provides access to diverse markets and helps weather regional downturns. The company's technology leadership and R&D capabilities represent another significant moat component. Schlumberger invests heavily in research and development, maintaining proprietary drilling technologies, reservoir analysis tools, and digital platforms that competitors struggle to match. The complexity of oilfield services requires deep technical expertise accumulated over decades, creating barriers for new entrants. High switching costs for customers provide additional protection, as oil companies often prefer to work with proven service providers on critical, expensive drilling projects where failure can cost millions of dollars. Schlumberger's integrated service offerings and established relationships with major oil companies create customer stickiness. However, the moat faces several threats. The oilfield services industry is highly cyclical and capital-intensive, making it vulnerable to commodity price swings and economic downturns. Commoditization pressures in certain service areas reduce pricing power, particularly in mature markets like North American land drilling. Competition is intensifying from both traditional rivals like Halliburton and Baker Hughes, as well as technology companies entering the digital services space. The industry's shift toward renewable energy and the long-term transition away from fossil fuels pose existential challenges to the traditional oilfield services model. Regulatory and environmental pressures are increasing globally, potentially limiting access to certain markets and increasing operational costs. The company's efforts to diversify into renewable energy and carbon capture technologies are promising but still represent a small portion of total revenue, leaving the core business exposed to oil and gas industry volatility.
Risks & safety
Schlumberger demonstrates a moderate margin of safety with solid financial fundamentals but exposure to cyclical industry risks. • Liquidity and Solvency: Strong cash position of $3.5 billion and current ratio of 1.45 provide adequate short-term liquidity. Debt-to-equity ratio of 0.57 is manageable but not conservative. Free cash flow of $4.5 billion in 2024 demonstrates strong cash generation capability. • Valuation Metrics: Trading at P/E ratio of 12.2x and EV/EBITDA of 7.9x based on 2024 results, suggesting reasonable valuation relative to earnings. Price-to-book ratio of 2.58x indicates modest premium to book value. • Other Considerations: Cyclical nature of oil and gas industry creates earnings volatility risk. Geographic diversification across 100+ countries provides some stability. Strong return on equity of 21% demonstrates efficient capital allocation. Commitment to returning minimum $4 billion annually to shareholders shows capital discipline.
Recent development
Over the past few years, Schlumberger has undergone significant strategic transformation focused on three key areas. The company has aggressively expanded its digital technology capabilities, launching the Lumi AI and data platform and forming strategic partnerships with NVIDIA and Amazon Web Services. Digital revenue has grown at 20% annually and is targeted to reach $3 billion by 2025, representing a shift from traditional physical services to higher-margin software and analytics. The company has also pursued strategic diversification beyond oil and gas, expanding into carbon capture and storage, geothermal energy, critical minerals extraction (particularly lithium), and data center infrastructure solutions. This new energy segment exceeded $850 million in revenue in 2024 and is expected to grow significantly, positioning Schlumberger for the energy transition. Portfolio optimization and acquisitions have been another focus, with the pending acquisition of ChampionX (expected to close in Q2 2025) to strengthen production chemicals and artificial lift capabilities. The company has also divested non-core assets like the Palliser drilling rig business to reduce capital intensity and focus on higher-return activities. Operationally, Schlumberger has implemented cost optimization programs and restructured its support functions to improve efficiency. The company has also increased its focus on international markets and offshore projects, which typically offer higher margins than North American land operations, while reducing exposure to volatile shale drilling activity.
SLB company profile · for informational purposes only — not investment advice.
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