Schlumberger Limited (SLB), headquartered in Houston, Texas, is a global leader in oilfield services, providing cutting-edge technology and solutions to the energy industry. With a market cap of $66.58 billion, Schlumberger offers an extensive range of services, including drilling, reservoir characterization, production, and processing. Renowned for its innovation and technical expertise, the company supports clients in optimizing their oil and gas exploration and production operations worldwide. Schlumberger is scheduled to announce its fiscal second-quarter earnings for 2024 before the market opens on Friday, Jul. 19.
Ahead of the event, analysts expect SLB to report a profit of $0.83 per share, up 15.3% from $0.72 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
