Schlumberger

Schlumberger (SLB) Stock

Global oilfield services leader powering energy production for companies. Here's the price, business snapshot, and what's worth knowing about Schlumberger in June 2026.

Schlumberger Limited (SLB) is one of the world’s largest oilfield services companies, providing drilling, well services, reservoir characterisation, production optimisation and digital solutions to upstream energy companies. Investors should know the business is closely linked to oil and gas capital expenditure cycles and commodity prices, which can drive revenue and profit volatility. Schlumberger’s global scale, broad service offering and investments in automation and data analytics can support margin improvement during industry upturns, while exposure to geopolitical risk, project timing and competitive pressure can weigh on results. Market cap is around $50.07B. This summary is for educational purposes only and is not personal investment advice; values can rise and fall and past performance is not a guarantee of future results. Consider your own risk tolerance and review company filings before deciding.

Why It's Moving

Schlumberger

SLB is under pressure as analysts cite weaker drilling activity and softer upstream spending ahead.

SLB is drawing cautious analyst attention as recent ratings changes point to slowing drilling activity and the risk of lower upstream spending, which could weigh on oilfield-services demand. The stock’s latest move appears tied more to changing expectations for sector growth than to any single company-specific shock.
Sentiment:
🐻Bearish
  • Freedom Capital Markets downgraded SLB after pointing to weak drilling activity, signaling concern that customer demand for oilfield services may soften if rig deployment stays sluggish.
  • Analysts have flagged the risk of lower upstream spending, which matters because SLB’s revenue depends heavily on exploration and production budgets from oil and gas producers.
  • Broader analyst commentary remains mixed, with some firms still positive on SLB, but the recent downgrades suggest investors are rethinking how much growth the business can deliver in the near term.

When is the next earnings date for Schlumberger (SLB)?

SLB’s next earnings date is July 24, 2026, based on the latest published estimates. The upcoming report is expected to cover Q2 2026 results. SLB has not formally confirmed the date, but this timing is consistent with its typical late-July earnings pattern.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Schlumberger's stock, expecting potential growth despite its current price.

Above Average

Financial Health

Schlumberger is generating solid revenue and cash flow, although margins are relatively low.

Average

Dividend

Schlumberger's dividend yield of 2.06% offers a modest return for investors seeking dividends. If you invested $1000 you would be paid $20.60 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

📈

Cyclicality & Growth

Earnings and activity historically follow oil prices and upstream capex, offering upside in recoveries but exposing investors to pronounced cycles.

🌍

Wide Global Footprint

A diverse geographic presence can capture demand across basins, though it brings geopolitical and operational complexity that can affect results.

Tech and Efficiency

Investment in digital tools and automation aims to boost productivity and margins, but adoption speed and competition influence outcomes.

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