SLB

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced it has been awarded a contract by Brunei Shell Petroleum (BSP) to support production restoration from shut-in wells across multiple offshore fields. The contract scope spans subsurface evaluation, well candidate selection, engineering and offshore execution. Project management, intervention services, monitoring, metering and marine logistics are integrated within a single coordinated execution model desig.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Schlumberger beats Q2 earnings and revenue estimates, lifting investor interest in energy ETFs like IEZ, OIH and XLE with heavy exposure to SLB.

SLB (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

SLB's offshore scale, digital growth and ChampionX production strengthen its long-term growth outlook for 2027, but Middle East risks and net debt cloud the near term.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

SLB sees a gradual Middle East recovery, deepwater upside and rising digital demand supporting stronger revenues, margins and cash flow.

Explore how SLB's (SLB) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Schlumberger (SLB) delivered strong quarterly results, beating expectations and rallying 10% on bullish guidance and robust Data Center and Digital segment growth. SLB targets a $10B revenue exit rate for Q4 2026 with 24% EBITDA margin, underpinned by expansion in Data Centers, Digital, and core OFS businesses. Strategic partnerships with Nvidia and Meta solidify SLB's leadership in modular data center construction, aiming for $2B Data Center revenue in 2026.

SLB is rated Buy, with a base case of ~30% upside plus a 2.25% dividend, grounded in normalized multiples on 2027 earnings. Q2 results were mixed year-on-year but sequentially strong, with revenue up 3%, adjusted EBITDA up 7%, and margin expansion, despite Middle East headwinds. Guidance for Q4 is robust: revenue above $10 billion, 24% adjusted EBITDA margin, and a Middle East recovery to $2.1–$2.2 billion in revenue.