How Is Schlumberger's Stock Performance Compared to Other Oil & Gas Equipment & Services Stocks?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
0mins
Source: NASDAQ.COM
Schlumberger's Market Performance: Schlumberger Limited, a leading oilfield services company with a market cap of $56.3 billion, has seen its stock dip 24.4% from its 52-week high but has gained 9.8% year-to-date, outperforming the SPDR S&P Oil & Gas Equipment & Services ETF.
Positive Investor Sentiment: Following a strong Q4 2024 earnings report that exceeded estimates, Schlumberger's stock rose over 6%, bolstered by growth in its Digital & Integration segment and an increase in dividends and share buyback authorization, leading to a consensus rating of "Strong Buy" from analysts.
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Analyst Views on SLB
Wall Street analysts forecast SLB stock price to fall
16 Analyst Rating
16 Buy
0 Hold
0 Sell
Strong Buy
Current: 51.920
Low
43.00
Averages
48.71
High
55.00
Current: 51.920
Low
43.00
Averages
48.71
High
55.00
About SLB
SLB N.V. is a global technology company. The Company’s segments include Digital, Reservoir Performance, Well Construction, Production Systems, and All Other. Digital segment includes products, services, and solutions that span the energy value chain from subsurface characterization through field development and hydrocarbon production to carbon management and the integration of adjacent energy systems. Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. Well Construction segment provides operators and drilling rig manufacturers with services and products related to the design and construction of a well. Production Systems segment develops technologies and provides expertise that enhances production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. All Other segment includes asset performance solutions, data center solutions and SLB Capturi.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Price Range Analysis: The VDE ETF's 52-week low is $103.065 per share and its high is $179.335, with the latest trade at $171.25, indicating stability near the high point which may attract investor interest in its future performance.
- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides valuable insights for investors, helping to assess market trends and potential buying opportunities, thereby optimizing investment decisions.
- ETF Unit Trading Mechanism: ETFs trade similarly to stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, allowing for greater flexibility in adapting to market changes.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding helps identify significant inflows or outflows; inflows necessitate purchasing underlying assets, while outflows may lead to selling those assets, impacting the ETF's components.
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Analysis and Recommendations on Stocks Near Market Highs
- Allient Stock Risks: Allient (NASDAQ:ALNT) has experienced a 2.1% annual sales decline over the past two years, indicating its products have struggled to meet market demand, leading to a concerning 2.7% annual drop in earnings per share, with the current stock price at $73 and a forward P/E of 26.1, suggesting caution for investors.
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- Market Trend Analysis: While several stocks are trading near their 52-week highs, investors should remain cautious of short-term trends, and selecting fundamentally strong stocks like Merck may yield better returns in the future.
See More
Investor Stephanie Link Shifts Focus to Technology Stocks
- Energy Stock Profit-Taking: Investor Stephanie Link announced on CNBC that she sold her Chevron position to realize a 35% gain, reallocating funds into technology stocks while maintaining a significant stake in oilfield services company SLB, indicating a cautious yet confident stance on the energy sector.
- Investment in Tech Stocks: Although Link did not specify the tech stocks purchased, she highlighted Quanta Services as a key player in the data center revolution, noting its diverse role in power infrastructure and potential benefits from rising power demand and grid upgrades, reflecting her optimism for future tech investments.
- Strong Performance of Quanta Services: Quanta Services has surged 37% this year, showcasing market confidence in its role within data centers and power infrastructure, with Link suggesting it as a long-term hold, emphasizing its strategic value in her investment portfolio.
- Other Stock Recommendations: Link mentioned Vertiv and Eaton as attractive power stocks, with respective increases of 74% and 21% by 2026, while also pointing to Nvidia and Broadcom as potential compounders in the tech space, demonstrating her broad focus and diverse investment strategy in technology.
See More
SLB Partners with Petronas for Suriname Oil and Gas Development
- Project Collaboration: SLB has partnered with Malaysian national oil company Petronas to jointly develop oil and gas projects in Suriname's frontier basin, marking a strategic collaboration despite undisclosed financial terms.
- Ownership Structure: Petronas holds an 80% stake in Suriname's offshore Block 52, while the state-owned oil company Staatsolie retains 20%, providing a solid foundation for the project's advancement.
- Technical Integration Alliance: The collaboration will leverage the Subsea Integration Alliance, combining the strengths of SLB OneSubsea and Subsea7 to deliver comprehensive engineering, procurement, construction, installation, and commissioning solutions, ensuring effective development of multiple discoveries.
- Long-Term Framework: The agreement establishes a long-term collaboration framework aimed at co-developing and co-creating cost-effective solutions through early involvement, accelerating field development, and enhancing project economics.
See More
Iran's Ceasefire Leads to Decline in Energy Prices, Yet Oil Services Stocks Remain Resilient.
- Energy Stocks Performance: Today is expected to be challenging for energy stocks overall.
- Oil Drilling Services Resilience: Companies that provide services for oil drilling are faring better amidst the market difficulties.
See More
SLB - DECLARES PURCHASE OF HYDRAWELL
Announcement of Acquisition: The company has announced its acquisition of Hydrawell, indicating a strategic move to enhance its operations and offerings.
Impact on Business: This acquisition is expected to strengthen the company's market position and expand its capabilities in the industry.
Future Plans: The company plans to integrate Hydrawell's technology and expertise into its existing framework to drive innovation and growth.
Market Reactions: Initial reactions from the market and stakeholders suggest a positive outlook on the acquisition, with expectations of increased value and performance.
See More
Analysis of VDE ETF's 52-Week Price Fluctuations
- Price Range Analysis: The VDE ETF's 52-week low is $103.065 per share and its high is $179.335, with the latest trade at $171.25, indicating stability near the high point which may attract investor interest in its future performance.
- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides valuable insights for investors, helping to assess market trends and potential buying opportunities, thereby optimizing investment decisions.
- ETF Unit Trading Mechanism: ETFs trade similarly to stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, allowing for greater flexibility in adapting to market changes.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding helps identify significant inflows or outflows; inflows necessitate purchasing underlying assets, while outflows may lead to selling those assets, impacting the ETF's components.
See More
