SLB recently reported strong Q3 earnings, but macroeconomic challenges have dampened short-cycle investments, hindering the company's revenue growth.
The Investment Committee debate the latest Calls Of The Day
SLB enters into a definitive agreement to sell its Palliser Block assets in Alberta as part of its strategic focus on energy technology. The deal is set to be closed in late Q4 2024.
SLB's Q3 comments suggested slightly muted growth expectations which spooked the market. The more important story is that the growth from the prior couple years is now trickling down to the free cash

SLB Revenue Hurt by Falling Commodity Prices

02:57pm, Friday, 18'th Oct 2024
SLB (SLB) shares slumped Friday as a lower trend in oil and gas prices hurt quarterly results for the big oilfield services provider.
Schlumberger Limited (NYSE:SLB ) Q3 2024 Results Conference Call October 18, 2024 9:30 AM ET Company Participants James McDonald - Senior Vice President of Investor Relations and Industry Affairs Oliv
The Investment Committee discuss some of their stocks that are on the move.

Cramer's Stop Trading: SLB

10:26am, Friday, 18'th Oct 2024
CNBC's Jim Cramer explains why he is keeping an eye on shares of SLB.
SLB's Q3 earnings benefit from broad-based growth and margin expansion in the Middle East, Asia and offshore North America, alongside cost optimization and digital solutions.

Schlumberger (SLB) Beats Q3 Earnings Estimates

09:05am, Friday, 18'th Oct 2024
Schlumberger (SLB) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.78 per share a year ago.
Schlumberger's stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.
Earnings per share came in at $0.89 in the third quarter, compared with $0.85 in the second quarter and analyst expectations for $0.88.
SLB beat analysts' estimates for third-quarter profit on Friday, as the oilfield services provider benefited from steady demand for its drilling equipment and technology in its international markets.

SLB Announces Third-Quarter 2024 Results

06:50am, Friday, 18'th Oct 2024
NEW YORK--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the third quarter of 2024. Third-Quarter Results (Stated in millions, except per share amounts) Three Months Ended   Change Sept
Schlumberger Limited SLB will release earnings results for its third quarter, before the opening bell on Friday, Oct. 18.
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