The Latest Breaking News from SLB

Schlumberger is expected to release its third-quarter earnings later this month, and analysts project a double-digit profit increase.

Owing to robust global demand, continuous OPEC supply cuts, and advancing economic growth, the oil and gas market is experiencing solid growth. Hence, investing in fundamentally solid oil and gas stocks Schlumberger (SLB), Cenovus Energy (CVE), and APA (APA), which are poised for high upside, could be ideal. Read more.

September Nasdaq 100 E-Mini futures (NQU24) are trending down -0.03% this morning as investors assessed the impact of a widespread cyber outage that hit banks, airlines, and broadcasters.

September Nasdaq 100 E-Mini futures (NQU24) are down -0.37% this morning as a widespread cyber outage that hit banks, airlines, and broadcasters weighed on investor sentiment.

Schlumberger is all set to release its second-quarter earnings this month, and analysts expect a double-digit bottom-line increase.

Amid market volatility, three value stocks - American International Group (AIG), Pfizer (PFE), and Schlumberger (SLB) - emerge as potential long-term investments for passive income, offering attractive valuations, solid dividends, and growth prospects for investors.

Oil prices recently hit seven-week highs on expectations of robust energy demand and supply concerns amid escalating geopolitical instability and extended OPEC+ production cuts. Hence, quality energy stocks ConocoPhillips (COP), Schlumberger (SLB), and Baker Hughes (BKR), with solid upside potential, could be ideal investments now. Read more….

While Schlumberger has lagged behind the Nasdaq Composite, Wall Street analysts remain highly bullish about the stock’s prospects.

With energy demands escalating worldwide, the need for essential services involving exploration, drilling, and other purposes is expected to grow. Given this backdrop, investors could consider buying quality energy services stocks such as Graham (GHM), Schlumberger (SLB), and DNOW (DNOW). Read on.