Susquehanna analyst Charles P. Minervino reiterated a Positive rating on Schlumberger N.V. (NYSE:SLB), raising the price target to $68 from $65. The analyst is particularly bullish about long-term ...

Evercore ISI downgraded SLB (SLB) to In Line from Outperform with a price target of $44, down from $62. The firm says oilfield services stocks have been hit with the “dual negatives” of a low ...

JP Morgan analyst Michael LaMotte is raising his estimates and price target on Schlumberger (SLB), citing a revenue reacceleration and improving margins as a result of a favorable shift in mix. La ...

SLB, ChampionX Get Second Request From DoJ for Proposed $8 Billion Deal Details. By Reuters | July 2, 2024. By Reuters | July 2, 2024, at 6:10 p.m. Save. More.

Top oilfield services company SLB said on Tuesday it will buy smaller rival ChampionX in an all-stock deal valued at $7.75 billion, amid growing consolidation in the North American energy sector.

Top oilfield firm SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies increased demand for its services and equipment.

We forecast SLB’s Revenues to be $38.1 billion for the fiscal year 2024, up 5% y-o-y. Looking at the bottom line, we now forecast EPS to reach $3.56. Given the changes to our revenues and ...