Schlumberger Ltd is a leading global provider of technology and services to the oil and gas industry, specializing in various aspects of exploration, drilling, production, and reservoir management. The company offers a comprehensive range of solutions, including advanced data analytics, digital technologies, and integrated project management, which help energy companies optimize their operations and enhance efficiency. Schlumberger's innovative tools and services are designed to address the complex challenges of resource extraction and contribute to more sustainable practices within the energy sector. With a presence in numerous countries, the company plays a critical role in supporting the energy industry's transition toward more advanced and environmentally responsible extraction methods. Read More
Let's have a look at what is happening on the US markets one hour before the close of the markets on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
The Energy Select Sector SPDR Fund is trading lower by 6.3% during Thursday's session. Investors stepped back from Wednesday's risk-on rally and locked in profits.
Let's delve into the developments on the US markets in the middle of the day on Monday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Global energy technology company SLB (NYSE: SLB) has been awarded a major drilling contract by Australian independent Woodside Energy (NYSE: WDS) for its ultra-deepwater Trion development project, offshore Mexico.
Schlumberger is one of the largest oilfield services companies in the world, providing technology, information solutions, and integrated project management for upstream oil and gas operations.
Peter Lynch’s investment philosophy combines fundamental analysis with a deep understanding of business models. Let’s analyze if SCHLUMBERGER LTD (NYSE:SLB) meets his criteria for a solid investment.
Schlumberger Limited (“SLB”) (NYSE: SLB) today announced the early tender results and the amendment of the previously announced offers by Schlumberger Holdings Corporation, an indirect wholly owned subsidiary of SLB (“SHC”), to exchange certain series of notes listed below (the “Existing SISA Notes”), issued by Schlumberger Investment S.A. (“SISA”), for up to $2,000,000,000 aggregate principal amount (such amount, as it may be amended, the “Maximum Exchange Amount”) of new notes listed below (the “New SHC Notes”), to be issued by SHC, and to be fully and unconditionally guaranteed on a senior unsecured basis by SLB. The offers to exchange each series of Existing SISA Notes for the corresponding series of New SHC Notes are collectively referred to herein as the “Offers” and each such offer individually as an “Offer.” The Offers are made upon the terms and subject to the conditions set forth in the Exchange Offer Memorandum and Consent Solicitation Statement, dated February 27, 2025 (as may be amended or supplemented from time to time, the “Exchange Offer Memorandum”). Capitalized terms used but not defined in this press release have the meanings given to them in the Exchange Offer Memorandum. All documentation relating to the Offers, including the Exchange Offer Memorandum, together with any updates, are available from the Information Agent and Exchange Agent (as defined below) and are available at the following website: http://www.dfking.com/slb.
Schlumberger Limited (“SLB”) (NYSE: SLB) today announced that Schlumberger Holdings Corporation, an indirect wholly owned subsidiary of SLB (“SHC”), has commenced offers to exchange certain series of notes listed below (the “Existing SISA Notes”), issued by Schlumberger Investment S.A. (“SISA”), for up to $2,000,000,000 aggregate principal amount (such amount, as it may be amended, the “Maximum Exchange Amount”) of new notes listed below (the “New SHC Notes”), to be issued by SHC, and to be fully and unconditionally guaranteed on a senior unsecured basis by SLB. The offers to exchange each series of Existing SISA Notes for the corresponding series of New SHC Notes are collectively referred to herein as the “Offers.” The Offers are made upon the terms and subject to the conditions set forth in the exchange offer memorandum and consent solicitation statement, dated February 27, 2025 (as may be amended or supplemented from time to time, the “Exchange Offer Memorandum”). Capitalized terms used but not defined in this press release have the meanings given to them in the Exchange Offer Memorandum.
SLB (NYSE: SLB) today announced that, in connection with SLB’s planned acquisition of ChampionX, all applicable waiting periods under the U.S. Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 have expired, and SLB is legally permitted to close the ChampionX transaction in the United States.
Schlumberger's stock remains relatively flat premarket after a 2% increase yesterday, following the announcement of a subsea production systems agreement with Vår Energi to fast-track oil and gas developments on the Norwegian Continental Shelf.
