Schlumberger Ltd (SLB)

Schlumberger Limited (“SLB”) (NYSESLB) today announced that Schlumberger Holdings Corporation, an indirect wholly owned subsidiary of SLB (“SHC”), has commenced offers to exchange certain series of notes listed below (the “Existing SISA Notes”), issued by Schlumberger Investment S.A. (“SISA”), for up to $2,000,000,000 aggregate principal amount (such amount, as it may be amended, the “Maximum Exchange Amount”) of new notes listed below (the “New SHC Notes”), to be issued by SHC, and to be fully and unconditionally guaranteed on a senior unsecured basis by SLB. The offers to exchange each series of Existing SISA Notes for the corresponding series of New SHC Notes are collectively referred to herein as the “Offers.” The Offers are made upon the terms and subject to the conditions set forth in the exchange offer memorandum and consent solicitation statement, dated February 27, 2025 (as may be amended or supplemented from time to time, the “Exchange Offer Memorandum”). Capitalized terms used but not defined in this press release have the meanings given to them in the Exchange Offer Memorandum.

SLB (NYSESLB) today announced that, in connection with SLB’s planned acquisition of ChampionX, all applicable waiting periods under the U.S. Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 have expired, and SLB is legally permitted to close the ChampionX transaction in the United States.

Flowco Holdings Inc (NYSEFLOC) is poised to benefit from continued growth in HPGL market, strong balance sheet, and attractive returns.

NextEra Energy posted in-line earnings for the fourth quarter and said it continues to expect adjusted EPS of $3.45-$3.70 for fiscal 2025.

SLB is the world’s premier oilfield services company, as measured by market share.

Schlumberger's stock remains relatively flat premarket after a 2% increase yesterday, following the announcement of a subsea production systems agreement with Vår Energi to fast-track oil and gas developments on the Norwegian Continental Shelf.

SLB (NYSESLB) has announced an agreement between its OneSubsea™ joint venture and Vår Energi to deliver a sizeable subsea production systems (SPS) work scope. This award leverages the existing strategic subsea partnership agreement between the two companies for standardized subsea equipment, supporting multiple upcoming oil and gas developments on the Norwegian Continental Shelf (NCS).

Stocks posted slight gains for the week as investors shrugged off concerns over China's DeepSeek open-source API and the latest reading on inflation

These five stocks with dividend yields already eclipsing that of the overall market just pushed their quarterly dividend payments higher.

When you hear the name Schlumberger, oil drilling usually comes to mind. But they are evolving as they leverage technology to bolster efficiency and production.

SLB Capturi wins contract to deliver carbon capture solution for Hafslund Celsio. Plans to capture 350,000 tons yearly and reduce emissions.

SLB (NYSESLB) today announced that SLB Capturi, in collaboration with Aker Solutions, has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from Hafslund Celsio AS to deliver a carbon capture solution at its waste-to-energy facility in Klemetsrud, Oslo. Hafslund Celsio is Norway’s largest district heating supplier and the owner and operator of Norway’s largest waste-to-energy plant. Hafslund Celsio’s carbon capture project is part of Longship, the Norwegian Government’s full value-chain carbon capture and storage (CCS) project.

Katy Huberty, the Global Head of Research at Morgan Stanley, has spotlighted 20 stocks from companies that are likely to see significant benefits from the adoption of Artificial Intelligence (AI).

Global energy technology company SLB (NYSESLB) announced today that SLB Capturi has completed commissioning and is handing over its modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, Netherlands.

SLB and Star Energy Geothermal have teamed up to advance geothermal technology, focusing on improving project efficiency and recovery rates. This partnership combines Star Energy Geothermal's expertise with SLB's energy technology solutions.

JP Morgan analyst Arun Jayaram maintained an Overweight rating on Schlumberger NV (NYSESLB), raising the price target from $48 to $50. Despite challenges in key markets, SLB forecasts flat year-over-year revenue and EBITDA for 2025, highlighting portfolio diversification, digital growth, and production exposure.

Trump declares national energy emergency, vows to drill, baby, drill. Stocks rise, but experts warn of oversupply risk and short-term price drop.

SLB is the leading AI play for oilfield services advancing technology with its Lumi platform. Lumi helps widen margins with efficiency and insight.

Q4 earnings season officially kicked off this week, with 21 S&P 500 companies (mostly financials) reporting earnings. 14 companies beat estimates, 6 missed, and 1 tied. The average “surprise factor” was 6.4%.

Schlumberger beat earnings and revenue estimates for Q4 2024 but faced challenges in specific segments and markets.

It also lifted its quarterly dividend by 3.6% and said it would raise its total shareholder returns to $4 billion in 2025.

SLB reported earnings Friday.

Risk appetite surged on Wall Street at the end of the week, with investors ramping up stock purchases ahead of Monday's market closure for Martin Luther King Day, which is also when Donald Trump will be sworn in as the 47th U.S. president.