SLB Stock Summary and Trading Ideas (Schlumberger N.V. | NYSE:SLB)

SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts well over $1 billion in digital-related revenue.

Schlumberger N.V. trades on the NYSE stock market under the symbol SLB.

As of January 17, 2025, SLB stock price climbed to $43.58 with 27,753,852 million shares trading.

SLB has a market cap of $61.53 billion. This is considered a Large Cap stock.

Last quarter Schlumberger N.V. reported $9 billion in Revenue and $.89 earnings per share. This fell short of revenue expectation by $-91 million and exceeded earnings estimates by $.01.

In the last 3 years, SLB traded as high as $62.78 and as low as $30.65.

The top ETF exchange traded funds that SLB belongs to (by Net Assets): VTI, VOO, XLE, SPY, IVV.

SLB has underperformed the market in the last year with a return of -6.7%, while the SPY ETF gained +28.0%. In the last 3 month period, SLB fell short of the market, returning -0.3%, while SPY returned +3.0%. However, in the most recent 2 weeks SLB has outperformed the stock market by returning +12.9%, while SPY returned +1.0%.

SLB support price is $40.36 and resistance is $41.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLB shares will trade within this expected range on the day.