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Barchart
Sohini Mondal

Schlumberger Stock: Is Wall Street Bullish or Bearish?

With a market cap of $56.4 billion, Schlumberger Limited (SLB) is a leading global oilfield services company that provides technology and solutions to the oil and gas industry. With operations in key markets worldwide, it supports exploration, drilling, well construction, and hydrocarbon production. Schlumberger operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems.

Shares of the world's largest oil driller have underperformed the broader market over the past 52 weeks. SLB stock has declined 18.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.7%. However, shares of SLB are up 5.1% on a YTD basis, outperforming SPX's 2.7% gain.

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