Welcome to our dedicated page for Schlumberger news (Ticker: $SLB), a resource for investors and traders seeking the latest updates and insights on Schlumberger stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Schlumberger's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Schlumberger's position in the market.
Rhea-AI Summary
SLB (NYSE: SLB) announced impressive fourth-quarter and full-year results for 2023, with fourth-quarter revenue of $8.99 billion, a 14% year-on-year increase, and full-year revenue of $33.14 billion, an 18% year-on-year increase. Fourth-quarter GAAP EPS of $0.77 decreased 1% sequentially, and full-year GAAP EPS of $2.91 increased 22% year on year. The company also reported a 10% increase in quarterly cash dividend to $0.275 per share and a full-year net income attributable to SLB of $4.20 billion, a 22% year-on-year increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.22%
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Rhea-AI Summary
Schlumberger (SLB) and Nabors Industries (NBR) have announced a collaboration to scale the adoption of automated drilling solutions for oil and gas operators and drilling contractors. The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
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Rhea-AI Summary
SLB (NYSE: SLB) announced an investment and technology partnership agreement with Geminus AI to deploy the first physics-informed artificial intelligence (AI) model builder for oil and gas operations. The Geminus model builder fuses physics-based approaches with process data to produce highly accurate AI models that can be deployed at scale, far faster and at much less cost than traditional AI approaches. This partnership aims to unlock value for the energy sector by delivering significant efficiency and productivity increases for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
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Rhea-AI Summary
Schlumberger (SLB) will hold a conference call on January 19, 2024, to discuss the results for the fourth quarter and full year ending December 31, 2023. The conference call is scheduled to begin at 9:30 am US Eastern time, and a press release regarding the results will be issued at 7:00 am US Eastern time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
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Rhea-AI Summary
SLB (NYSE: SLB) and Northern Lights Joint Venture (NL) have signed a memorandum of understanding (MoU) with Microsoft to optimize integrated cloud-based workflows for the operation of Northern Lights, one of the first CO2 transport and storage providers for cross-border carbon capture and storage (CCS). The collaboration aims to develop scalable and cost-efficient digital solutions for the emerging CCS industry. The partnership will involve SLB extending its digital CCS workflows and numerical simulation systems on its Delfi™ digital platform, while Microsoft will deploy and extend its Microsoft Azure platform to support Northern Lights' business and the SLB digital CCS workflows. The development of an Azure-compliant open-source data platform is also part of the collaboration. Northern Lights aims to be ready to receive and store CO2 from industrial emitters in 2024, with a storage capacity of 1.5 million metric tonnes CO2 per year in the first phase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
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SLB (NYSE: SLB) has been selected by Eni (NYSE: E) to deliver comprehensive fugitive methane emissions measurement and reporting plans for Eni's global operating facilities. The project aligns with the reporting standards of the United Nations' OGMP 2.0 and aims to provide Eni with an accurate account of its fugitive methane emissions.
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Rhea-AI Sentiment
End-of-Day
0.18%
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Rhea-AI Summary
SLB reports Q3 2023 results with revenue of $8.31 billion, a 3% increase sequentially and 11% increase YoY.
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Rhea-AI Sentiment
End-of-Day
-2.93%
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SLB, AWS, and Shell sign collaboration agreement for digital workflows
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0.65%
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SLB's End-to-end Emissions Solutions introduces a compact methane monitoring system for oil and gas operations. The device enables fast and affordable deployment at any scale, automates continuous monitoring, and supports reporting requirements. It provides operators with industry-leading leak detection sensitivity and a practical pathway to address emissions. The announcement was made as part of ADIPEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.74%
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Rhea-AI Summary
SLB launches carbon storage screening and ranking solution to increase confidence in site selection decisions for CCUS projects.
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Rhea-AI Sentiment
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1.16%
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Schlumberger Limited
NYSE:SLB
SLB Rankings
SLB Stock Data
69.32B
1.42B
0.19%
83.85%
1.36%
Support Activities for Oil and Gas Operations
Mining, Quarrying, and Oil and Gas Extraction
United States of America
HOUSTON
About SLB
schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. working in more than 85 countries and employing people who represent over 140 nationalities, schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production and integrated pore-to-pipeline solutions for hydrocarbon recovery that optimize reservoir performance. apply for a position with us at careers.slb.com