Shares of energy companies rose after surprisingly strong earnings from one oil-equipment giant. Shares of SLB rallied after the oilfield-services giant announced a $2.3 billion stock buyback, bumped ...
Apple stock rises after falling Thursday by the most since August, Alphabet stock is up after the Supreme Court upholds a ban ...
By Arathy Somasekhar and Timothy Gardner HOUSTON/WASHINGTON (Reuters) -Oilfield service provider SLB on Friday said its ...
Stocks closed out the week with a bang as Treasury yields retreated from recent highs. Optimism is swirling ahead of ...
U.S. stock indexes rallied to close out their best week in two months. The S&P 500 rose 1% Friday. The Dow Jones Industrial ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...
A week after the US launched massive sanctions against Russia’s oil industry, SLB chief executive Olivier Le Peuch said his company’s revenue in the country “continues to decline” after it began ...
Looking forward, SLB is projecting a continued increase in total returns to shareholders, with a target of $4 billion in 2025, up from $3.3 billion in 2024. With a solid outlook for both its core ...
Chief Executive Olivier Le Peuch said the company's digital and integration revenue rose 10% from a year ago, driven by 20% growth in digital revenue to $2.44 billion for the year. The business is ...
SLB jumps 6% as Q4 earnings, revenue beat estimates. AI-powered digital services drive growth; $2.3B share repurchase and ...
Oilfield services giant Schlumberger (SLB) is climbing 7% today after the company reported better-than-expected fourth-quarter results this morning.
Schlumberger beat earnings and revenue estimates for Q4 2024 but faced challenges in specific segments and markets.