SLB Ltd SLB

Morningstar Rating
$47.76 +0.52 (1.10%)
View Full Chart

Company Report

SLB Remains the Innovative Leader in Oilfield Services

SLB's strategy focuses on three growth engines: core, digital, and new energy. Our thesis relies on all three factors. Specifically, we believe SLB stands to outperform peers based on its productivity solutions—through the acquisition of ChampionX—its industry-leading digital offerings, and its newer bet on data center solutions, where we think the market could quadruple by 2030 from 2024 levels.

Price vs Fair Value

SLB is trading at a LOCK|$#$y#& premium.
Price
$47.76
Fair Value
KMB
Uncertainty
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1-Star Price
LOCK|.M#
5-Star Price
LOCK|.>
Economic Moat
LOCK|NSh#
Capital Allocation
LOCK|?#l?nHm

Bulls Say, Bears Say

Bulls

SLB should benefit from a sanctioned project pipeline of $100 billion per year and should win a growing set of global offshore projects.

Bears

The market is overly concerned about the impact of shut-in production due to the Middle East conflict.

News

Articles & Videos

Trading Information

Previous Close Price
$47.24
Day Range
$47.3348.04
52-Week Range
$31.6458.82
Bid/Ask
$47.20 / $47.85
Shares Outstanding
1.50B
Market Cap
$71.40B
Volume/Avg
8M / 15M

Key Statistics

Price/Earnings (Normalized)
17.00
Price/Sales
1.90
Dividend Yield (Trailing)
2.43%
Dividend Yield (Forward)
2.47%
Total Yield
3.22%

Company Profile

SLB is the world’s premier oilfield-services company as measured by market share. While the industry is largely fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies in which it operates. Also known as Schlumberger, the company was founded in 1926 by Conrad and Marcel Schlumberger. Today, it’s most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: core, digital, and new energy businesses. Over three-fourths of its revenue base is tied to international markets, while the company boasts nearly $3 billion in digital-related revenue.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Mid Value
Total Number of Employees
109,000

Competitors

Valuation

Metric
SLB
WFRD
HAL
Price/Earnings (Normalized)
17.0015.1614.26
Price/Book Value
2.653.412.62
Price/Sales
1.901.241.29
Price/Cash Flow
10.408.2310.50
Price/Earnings
SLB
WFRD
HAL

Financial Strength

Metric
SLB
WFRD
HAL
Quick Ratio
0.861.541.30
Current Ratio
1.342.312.08
Interest Coverage
8.725.086.90
Quick Ratio
SLB
WFRD
HAL

Profitability

Metric
SLB
WFRD
HAL
Return on Assets (Normalized)
8.03%9.80%9.06%
Return on Equity (Normalized)
17.88%32.03%21.80%
Return on Invested Capital (Normalized)
12.09%17.49%13.48%
Return on Assets
SLB
WFRD
HAL

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