The Latest Breaking News from SLB

Clubs deeply unhappy with governing body’s handling of a transfer of power and are threatening to set up their own league

Although Schlumberger has lagged behind the broader market over the past 52 weeks, Wall Street analysts remain bullish about the stock's prospects.

SLB stock is soaring Friday after the energy firm reported strong fourth-quarter earnings and unveiled several shareholder-friendly initiatives.

The Dow Jones rallied Friday on strong key economic data. Apple, Nvidia stock and Tesla rebounded from Thursday's heavy losses.

SLB reported Q4 earnings and revenue early Friday.

March S&P 500 E-Mini futures (ESH25) are up +0.35%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.48% this morning, pointing to a positive opening on Wall Street as Treasury yields edged lower, while investors awaited fresh data on the U.S. housing market and manufacturing sector.

March S&P 500 E-Mini futures (ESH25) are down -0.83%, and March Nasdaq 100 E-Mini futures (NQH25) are down -1.26% this morning while Treasury yields continued to rise as investors trimmed bets on Federal Reserve interest rate cuts following Friday’s strong payroll data.

The energy sector offers value due to rising global demand, focus on energy security, market growth, regulatory support, technological advancements, and increasing oil and gas prices. Therefore, in this dynamic backdrop, it may be wise to consider undervalued energy stocks: Schlumberger (SLB), VAALCO Energy (EGY), and Obsidian Energy (OBE), which…

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