SLB
Schlumberger Limited · Energy · Oil & Gas Equipment & Services
At close
$56.42
−$0.14 (−0.25%) Close
Pre-market $56.33 −$0.09 (−0.15%) 7:07 PM ET
Prev close $56.56
Open $56.73
Day high $56.73
Day low $56.22
Volume 9,869
Avg vol 13,611,398
Mkt cap
$84.56B
P/E ratio
24.64
FY Revenue
$35.94B
EPS
2.29
Gross Margin
17.33%
Sector
Energy
AI report sections
SLB
Schlumberger Limited
SLB is trading near its 52-week high with strong 6–12 month price performance and price action above key moving averages, while short-term momentum indicators show only modest overextension. Fundamentally, the company combines solid profitability and free cash flow generation with muted revenue growth and slightly declining earnings. Valuation multiples appear elevated relative to modest growth, and positioning is complicated by meaningful short interest and a high short-volume ratio despite a generally constructive news backdrop.
AI summarized at 3:58 PM ET, 2026-05-19
AI summary scores
INTRADAY: 63 SWING: 78 LONG: 72
Volume vs average
Intraday (cumulative)
+32% (Above avg)
Vol/Avg: 1.32×
RSI
47.52 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.03 (Weak)
MACD: 0.02 Signal: 0.06
Short-Term
-0.37 (Weak)
MACD: 0.56 Signal: 0.93
Long-Term
-0.25 (Weak)
MACD: 1.85 Signal: 2.10
Intraday trend score 78.74

Latest news

SLB 12 articles Positive: 5 Neutral: 7 Negative: 0
Neutral Benzinga • Robbins Llp
Robbins LLP Urges CHX Stockholders Who Lost Money Investing in ChampionX Corporation to Contact the Firm for Information About Leading the Class Action

Robbins LLP is investigating allegations that ChampionX Corporation (CHX) illegally repurchased 216,000 shares of its stock without disclosing material nonpublic information about SLB's premium acquisition offers. Investors who sold CHX stock between February 29, 2024 and April 1, 2024 may be eligible to participate in the class action lawsuit. The lead plaintiff deadline is July 14, 2026.

SLB class action lawsuit stock repurchase securities violation material nonpublic information shareholder litigation ChampionX Corporation
Sentiment note

SLB is mentioned only as a potential acquirer making premium offers for ChampionX stock. There are no allegations or negative implications directed at SLB itself in this article.

Neutral GlobeNewswire Inc. • Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges ChampionX Corporation Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against ChampionX Corporation alleging that company executives made materially false statements and failed to disclose material nonpublic information regarding acquisition offers from Schlumberger Limited during the Class Period of February 29, 2024 to April 1, 2024. Investors who purchased ChampionX securities during this period are encouraged to join the lawsuit, with a lead plaintiff deadline of July 14, 2026.

SLB class action lawsuit securities fraud material nonpublic information stock repurchase acquisition offer investor harm lead plaintiff
Sentiment note

Schlumberger is mentioned only as the party making acquisition offers to ChampionX. There are no allegations or negative implications directed at Schlumberger itself in this lawsuit.

Neutral GlobeNewswire Inc. • Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges ChampionX Corporation Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against ChampionX Corporation and certain officers for alleged securities law violations. The complaint alleges that defendants made materially false statements and failed to disclose material nonpublic information regarding acquisition offers from Schlumberger Limited while simultaneously repurchasing company stock. Investors who purchased ChampionX securities between February 29, 2024 and April 1, 2024 are eligible to join the case, with a lead plaintiff deadline of July 14, 2026.

SLB class action lawsuit securities fraud insider trading material nonpublic information stock repurchase acquisition offer investor harm
Sentiment note

Schlumberger is mentioned only as the party making acquisition offers to ChampionX. There are no allegations or negative implications directed at Schlumberger itself; it is referenced as context for the alleged misconduct by ChampionX's defendants.

Neutral GlobeNewswire Inc. • Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges ChampionX Corporation Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against ChampionX Corporation and certain officers for alleged securities fraud. The complaint alleges that defendants made materially false statements and failed to disclose material nonpublic information regarding acquisition offers from Schlumberger Limited while simultaneously repurchasing company stock. The class period covers February 29, 2024 to April 1, 2024, with a lead plaintiff deadline of July 14, 2026.

SLB class action lawsuit securities fraud ChampionX Corporation Schlumberger Limited stock repurchase material nonpublic information investor harm
Sentiment note

Company is mentioned only as the acquirer making offers to ChampionX; no allegations or negative implications are directed toward Schlumberger itself.

Neutral GlobeNewswire Inc. • The Schall Law Firm
CHX Investors Have Opportunity to Lead ChampionX Corporation Securities Fraud Lawsuit with the Schall Law Firm

The Schall Law Firm is seeking investors to join a class action lawsuit against ChampionX Corporation for securities fraud. The company allegedly made false and misleading statements by purchasing its own shares while possessing material nonpublic information about acquisition offers from Schlumberger Limited, without disclosing the negotiations. Investors who purchased CHX securities between February 29, 2024 and April 1, 2024 are encouraged to join the case by July 14, 2026.

SLB securities fraud class action lawsuit ChampionX Corporation stock buyback material nonpublic information Schlumberger acquisition shareholder rights
Sentiment note

Schlumberger is mentioned only as the acquiring company that made offers to purchase ChampionX. There is no indication of wrongdoing on SLB's part; it is merely referenced as context for ChampionX's alleged misconduct.

Neutral GlobeNewswire Inc. • Wolf Popper Llp
CHX Shareholder Alert: Wolf Popper LLP Files Securities Class Action Lawsuit Against ChampionX Corporation

Wolf Popper LLP has filed a securities class action lawsuit against ChampionX Corporation on behalf of shareholders who sold stock between February 29, 2024 and April 1, 2024. The lawsuit alleges that ChampionX failed to disclose material information about acquisition offers from Schlumberger ($36.70 and $37.80 per share) while simultaneously repurchasing its own stock at lower market prices ($33.32 average), artificially deflating the stock price. The merger eventually closed at $40.58 per share on July 16, 2025.

SLB securities class action non-disclosure stock repurchase acquisition offer material information merger shareholder fraud
Sentiment note

Schlumberger is mentioned as the acquiring company that made unsolicited offers to purchase ChampionX. While the acquisition itself is neutral, Schlumberger's role in this litigation is peripheral and does not directly implicate the company in the alleged wrongdoing.

Neutral Investing.com • Peter Frank
SLB’s Tough Quarter Masks a Powerful Long-Term Shift

Schlumberger (SLB) reported a difficult Q1 2026 with declining organic revenue, compressed margins, and lower earnings due to Middle East disruptions. However, the company's digital business grew 9% YOY to $640M quarterly revenue, expanded its NVIDIA partnership for AI industrialization, and continued shareholder returns with $451M in buybacks. Despite near-term headwinds, SLB's pivot toward high-margin software and subscription-based services positions it as a compelling long-term opportunity for patient investors.

SLB NVDA HAL BKR oilfield services digital transformation AI partnership Middle East tensions
Sentiment note

Mixed near-term and long-term outlook. Q1 showed weak organic revenue (-7% YOY excluding ChampionX), compressed margins (-346 bps), and lower earnings. However, digital business growth (9% YOY), NVIDIA partnership expansion, and strategic pivot toward high-margin AI/software services present significant long-term potential. Stock up 40% YTD despite quarterly challenges, with analyst consensus 'Moderate Buy' at $60 target.

Positive Benzinga • Lekha Gupta
What's Going On With Equinor Stock Monday?

Equinor (EQNR) shares rose 2.29% in premarket trading on Monday, supported by strength in the energy sector. The company extended key drilling and well service contracts valued at approximately $1.4 billion to maintain stable production through 2035. The stock is trading near the upper end of its 52-week range with positive technical indicators, though it carries a Hold rating with a $37.00 average price target. Earnings are scheduled for May 6, 2026.

EQNR BKR HAL SLB Equinor energy sector drilling contracts well services
Sentiment note

Awarded drilling and well service contracts by Equinor as part of the $1.4 billion contract extension, providing revenue opportunity and business continuity.

Positive GlobeNewswire Inc. • Nicole Lammes
Top Technology Executives Recognized at the 2026 HoustonCIO ORBIE Awards

The HoustonCIO ORBIE Awards recognized seven leading CIOs and technology executives for exceptional leadership and business transformation. Winners included executives from SLB, ConocoPhillips, Oceaneering, ABM Industries, Expro, Houston Airport System, and Capital Farm Credit across various organizational size categories. The awards, hosted by HoustonCIO as part of the Inspire Leadership Network, brought together over 350 executives and industry leaders.

SLB COP OII ABM ORBIE Awards CIO recognition technology leadership business transformation
Sentiment note

CIO Sebastien Lehnherr received the Leadership ORBIE award and delivered the keynote address, indicating recognition for exceptional leadership and strategic vision in technology innovation.

Positive GlobeNewswire Inc. • Sns Insider
Oil And Gas Analytics Market Size to Worth USD 86.60 Billion by 2035 | Research by SNS Insider

The U.S. oil and gas analytics market is projected to grow from $3.02 billion in 2025 to $21.32 billion by 2035, with a CAGR of 21.57%. The global oil and gas analytics market is valued at $12.04 billion in 2025 and expected to reach $86.60 billion by 2035 at a CAGR of 21.92%. Growth is driven by rapid technological adoption, AI and cloud-based analytics investments, and the need for real-time operational efficiency and predictive maintenance.

IBM ORCL ORCLPD SAP oil and gas analytics market growth predictive maintenance cloud computing
Sentiment note

Major oil and gas industry player listed as a key market participant in analytics solutions, directly benefiting from increased analytics adoption in the sector.

Positive Benzinga • Lekha Gupta
SLB Lands Major Deal To Help Tap Suriname's Oil Reserves Faster

SLB Limited signed a strategic agreement with PETRONAS Suriname to co-develop cost-efficient subsea solutions for accelerated field development. The company also secured a three-year digital operations deal with Azule Energy in Angola. Despite positive business developments, SLB shares traded 3.10% lower in premarket on Wednesday, though technical indicators show neutral to bullish momentum with a Buy rating and $53.77 average price target.

SLB NVDA PETRONAS Suriname subsea development Azule Energy Angola digital operations oil reserves
Sentiment note

Company secured major strategic partnerships with PETRONAS Suriname for subsea development and Azule Energy for digital operations in Angola. Strong 12-month performance (+57.59%), bullish MACD indicator, and analyst Buy rating with $53.77 price target support positive outlook despite premarket decline.

Positive Benzinga • Lekha Gupta
SLB Advances Digital Oilfield Strategy With Azule Energy Deal

SLB announced a three-year agreement with Azule Energy (a joint venture between BP and ENI) to expand its Delfi digital platform across operations in Angola. The deal aims to improve execution reliability and operational efficiency through cloud-based digital integration, with early deployments showing significant benefits such as reducing well planning cycles from days to hours. SLB shares rose 1.70% to $52.41 following the announcement.

SLB BP E digital oilfield Delfi platform Angola operations cloud-based solutions operational efficiency
Sentiment note

SLB secured a significant three-year contract expansion with Azule Energy, demonstrating growing adoption of its Delfi digital platform. The deal validates SLB's digital strategy, shows proven operational benefits, and stock price increased 1.70% on the news. Analyst consensus maintains a Buy rating with $53.28 price target.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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