Schlumberger Limited (SLB)
Energy3 articles
Price chart
Why is SLB moving today?
-0.3%SLB is -0.3% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 12 hours ago
Schlumberger Limited (SLB) overview
SLB (Schlumberger) is the world’s largest oilfield-services company.
SLB is a member of the S&P 500. It sits in the Energy sector. That sector covers oil, gas and energy-equipment companies sensitive to commodity prices.
Schlumberger Limited trades on the NYSE under the ticker symbol SLB. The most recent market data puts the share price at about $48.37. That is down 0.29% on the session. At that price the company is worth roughly $71.79B.
Over the past 52 weeks, SLB has traded between $31.64 and $60.46. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 23.4. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. SLB also pays a dividend. It yields around 2.44% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 12 hours ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch SLB
SLB is one of the larger names in the Energy sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each SLB story as it breaks, and tags it bullish, bearish or neutral.
What moves SLB
- Earnings. SLB reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from SLB.
- Sector news. Energy stocks often move together, so a rival's news can move SLB too.
Market Mood
Latest SLB news
KNTK Dividend Stock Offers 7% Yield Amid Fed Rate Hike Hints
Kinetik Holdings (KNTK) offers a quarterly dividend of 81 cents per share, which equates to an annualized dividend of $3.24 per share and a yield of approximately 7%. RBC Capital's Elvira Scotto increased her price target for KNTK from $50 to $53 due to expected growth from the KL2 project and sour gas opportunity in New Mexico. Analyst ratings have shown a 68% success rate, contributing to an average return of 16%. Additionally, SLB (SLB) announced a quarterly cash dividend of nearly 30 cents per share, yielding 2.5%, with a price target of $63 from Goldman Sachs.
Read More: KNTK Dividend Stock Offers 7% Yield Amid Fed Rate Hike Hints
Nvidia (NVDA) Scores 100 in AI Adoption in New Study Among S&P 500
A study from the AI-Driven Enterprise Institute (AIDE) ranked companies on their adoption of AI, with Nvidia (NVDA) achieving a perfect score of 100, the highest among S&P 500 companies. Meta, Amazon, and Schlumberger (SLB) also scored 100, while Walmart, AES, and NextEra Energy followed in ranking. The evaluation assessed firms on literacy, advocacy, orientation, and implementation of AI, but did not directly measure financial returns. This data aims to provide objective benchmarks for companies' AI strategies as executives evaluate their performance against peers.
Read More: Nvidia (NVDA) Scores 100 in AI Adoption in New Study Among S&P 500
SLB and HAL Predict Crude Prices Will Stay Elevated Long-term
SLB and Halliburton (HAL) expressed expectations that crude oil prices will remain elevated for an extended period. This forecast could impact various products, particularly gasoline, which is closely monitored by consumers and markets. Both companies have positioned their analyses amid ongoing geopolitical tensions, suggesting a longer-term trend rather than a temporary spike. This outlook may influence market strategies for oil-related assets and products moving forward.
Read More: SLB and HAL Predict Crude Prices Will Stay Elevated Long-termMore Energy stocks
Frequently asked questions
Is Schlumberger Limited in the S&P 500?
Yes. Schlumberger Limited trades as SLB and is a member of the S&P 500. The index lists it in the Energy sector.
What sector is SLB in?
SLB sits in the Energy sector of the S&P 500.
Where can I find the latest SLB news?
Right here. This page collects recent SLB news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Schlumberger Limited's stock price?
SLB last traded at about $48.37. Prices move all through the session, so this is the latest quote rather than a live one.
What is Schlumberger Limited's market cap?
SLB is worth roughly $71.79B. Market cap is the share price times the number of shares outstanding.
What is SLB's P/E ratio?
SLB trades at a trailing P/E ratio of about 23.4. The ratio compares the share price with earnings per share over the past year.