

SLB vs TC Energy
This page compares SLB and TC Energy, outlining how their business models align with market needs, how their financial performance is presented, and the broader context in which they operate. The aim is to provide clear, neutral information about each company's activities and strategy for readers seeking understanding, not financial advice. Educational content, not financial advice.
This page compares SLB and TC Energy, outlining how their business models align with market needs, how their financial performance is presented, and the broader context in which they operate. The aim ...
Why It's Moving

SLB eyes Venezuela rebound and digital surge as oilfield services pivot amid crude pressures.
- CEO Olivier Le Peuch stated deepwater oilfield activity will inflect positively by late 2026, signaling a key growth phase ahead.
- SLB ready to ramp up in Venezuela with existing personnel and equipment, following U.S. ouster of Maduro and customer inquiries, potentially unlocking past $1B revenue levels.
- Digital segment, boosted by AI tool Tela, posts double-digit growth forecasts and powers dividend outlook, drawing 'Strong Buy' consensus from Wall Street.

TC Energy's shares gain momentum amid steady energy infrastructure demand.
- Stock advanced from $75.92 on Jan 19 to $77.11 by Jan 23, signaling investor confidence in operational steadiness.
- Company disclosed updates on junior subordinated notes, aligning LIBOR fallback to SOFR under U.S. law, easing transition uncertainties.
- Recent trading sessions show consistent volume and modest gains, underscoring sector strength without fresh catalysts.

SLB eyes Venezuela rebound and digital surge as oilfield services pivot amid crude pressures.
- CEO Olivier Le Peuch stated deepwater oilfield activity will inflect positively by late 2026, signaling a key growth phase ahead.
- SLB ready to ramp up in Venezuela with existing personnel and equipment, following U.S. ouster of Maduro and customer inquiries, potentially unlocking past $1B revenue levels.
- Digital segment, boosted by AI tool Tela, posts double-digit growth forecasts and powers dividend outlook, drawing 'Strong Buy' consensus from Wall Street.

TC Energy's shares gain momentum amid steady energy infrastructure demand.
- Stock advanced from $75.92 on Jan 19 to $77.11 by Jan 23, signaling investor confidence in operational steadiness.
- Company disclosed updates on junior subordinated notes, aligning LIBOR fallback to SOFR under U.S. law, easing transition uncertainties.
- Recent trading sessions show consistent volume and modest gains, underscoring sector strength without fresh catalysts.
Investment Analysis

SLB
SLB
Pros
- Schlumberger reported revenue growth of 9.52% in 2024, reaching $36.29 billion with earnings increasing 6.14% to $4.46 billion, showing strong financial performance.
- The company operates a diversified portfolio across Digital & Integration, Reservoir Performance, Well Construction, and Production Systems, providing comprehensive energy technology solutions.
- Consensus among 15 analysts is positive, with an average 12-month price target around $48β$49.6, suggesting approximately 34% upside from current levels.
Considerations
- Current technical sentiment is bearish with a Fear & Greed Index at 39, indicating market fear and expected near-term price decline.
- Price forecasts from some models predict SLB shares could drop about 11% by the end of 2025, reflecting volatility and market uncertainty.
- Stock volatility is medium at around 4.23%, and its beta of 0.73 indicates moderate sensitivity to market fluctuations, posing some risk in volatile markets.

TC Energy
TRP
Pros
- TC Energy has demonstrated a consistent historical return, generating an average annual return of 14% since 2000, reflecting long-term shareholder value creation.
- The companyβs stock is dual-listed on both the Toronto Stock Exchange and the New York Stock Exchange, providing liquidity and broad investor access.
- TC Energyβs infrastructure assets, including pipelines and energy systems, offer steady cash flows and a vital role in North American energy supply chains.
Considerations
- TC Energyβs business is sensitive to regulatory risks and geopolitical developments due to its large-scale pipeline operations across multiple jurisdictions.
- Like many energy infrastructure firms, TC Energy faces execution risks related to large capital projects and potential delays or cost overruns.
- The companyβs growth is somewhat cyclical and dependent on energy demand and commodity price fluctuations, exposing it to macroeconomic risks.
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SLB (SLB) Next Earnings Date
Schlumberger's next earnings report is expected between April 16-24, 2026, with most sources indicating a date in mid-to-late April. The report will cover first-quarter 2026 results. Analysts are currently projecting earnings per share in the range of $0.74 to $0.76 for the quarter. This timing aligns with the company's historical quarterly earnings release schedule.
TC Energy (TRP) Next Earnings Date
TC Energy's next earnings date is estimated for February 13, 2026, aligning with the consensus across multiple financial tracking sources based on historical patterns. This report will cover the Q4 2025 period, typically released in mid-February following prior-year precedents. The company has not yet officially confirmed the exact date or time.
SLB (SLB) Next Earnings Date
Schlumberger's next earnings report is expected between April 16-24, 2026, with most sources indicating a date in mid-to-late April. The report will cover first-quarter 2026 results. Analysts are currently projecting earnings per share in the range of $0.74 to $0.76 for the quarter. This timing aligns with the company's historical quarterly earnings release schedule.
TC Energy (TRP) Next Earnings Date
TC Energy's next earnings date is estimated for February 13, 2026, aligning with the consensus across multiple financial tracking sources based on historical patterns. This report will cover the Q4 2025 period, typically released in mid-February following prior-year precedents. The company has not yet officially confirmed the exact date or time.
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Explore BasketBuy SLB or TRP in Nemo
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