Schlumberger Limited (SLB) - Stock Analysis

Last updated: Jul 26, 2026

EnergyActive

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Positive Q2 2026 catalyst with EPS of $0.55 vs. $0.51 expected and a 9.4% post-earnings surge on 2026-07-24. Technical breakout is supported by recent major contract awards with OneSubsea, bp, Kuwait Oil Company, and digital/AI initiatives.

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Idea window: 7/24/2026 – 7/31/2026Sector: Energy

AI Analyst Overview

Last Price
$51.53
Market Cap
$82.12B
1D Return
-1.70%
YTD Return
+35.75%

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Valuation Metrics

P/E
24.9
P/B
3.1
P/S
2.3
EV/EBITDA
13.3
Div Yield
2.09%

Price Behavior

6.0

Key Price Behavior Insights: • Breakout test • Higher lows • Follow-through risk Support Level: $47.50 Resistance Level: $47.20–$47.90 SLB staged a last-month breakout from the $47.2–$47.9 ceiling after building higher lows, but the move still looks like a rebound within a larger downtrend and needs follow-through above about $47.50.

breakout
caution

Sentiment & News

7.0

Key News Insights: • AI expansion • Kuwait contract • Earnings beat SLB is increasingly shifting toward higher-growth digital, AI, and production-optimization businesses while still delivering solid earnings and revenue growth despite some Middle East-related pressure.

digital
growth
AI

AI Summary

6.0
Neutral

SLB is evolving from a pure oilfield-services proxy into a cash-generative hybrid with real subsea, digital/AI, and power-infrastructure upside, but investors should treat the recent breakout as a recovery trade until these wins convert into sustained margin expansion and hold above the 47.5 support zone.

Optionality
ExecutionRisk
Recovery
AI summary updated 2 days ago

Description

Schlumberger Limited is a global provider of technology, software, and technical services to the oil and gas industry, organized across Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. Its offerings include digital and IT solutions, reservoir and production consulting, drilling and completion services, downhole tools and logging, and integrated subsea and surface production equipment. Founded in 1926 and headquartered in Houston, Texas, the company supplies equipment, engineering, and field services to operators, contractors and service providers worldwide.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Jul 24Jul 31SLBSchlumberger Limited
Positive Q2 2026 catalyst with EPS of $0.55 vs. $0.51 expected and a 9.4% post-earnings surge on 2026-07-24. Technical breakout is supported by recent major contract awards with OneSubsea, bp, Kuwait Oil Company, and digital/AI initiatives.
Active-1.7%
Jan 23Jan 30SLBSchlumberger Limited
SLB shows compelling short-term upside driven by strong Q4 revenue growth, digital segment expansion, significant multi-year contracts, and a 23% stock price surge with positive technical indicators reflecting solid investor confidence in near-term earnings momentum.
Closed-1.6%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.