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 two brothers bearing the same last name. 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.
Halliburton Company
Baker Hughes Company
Valero Energy Corporation
Kinder Morgan, Inc.
Liberty Energy Inc.
MARATHON PETROLEUM CORPORATION
EOG Resources, Inc.
Core Laboratories Inc.
NOV Inc.
The chart shows the growth of an initial investment of $10,000 in SLB Limited, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
SLB Limited (SLB) has returned 28.72% so far this year and 49.64% over the past 12 months. Looking at the last ten years, SLB has achieved an annualized return of -3.75%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of SLB Limited (SLB) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 25.96% | 7.70% | -2.02% | -1.80% | ||||||||
| 2025 | 3.65% | 3.81% | -0.43% | -20.42% | -0.45% | 0.18% | 9.61% | -6.30% | 5.38% | 0.39% | 5.88% | |
| 2024 | -7.13% | -1.47% | 11.86% | -13.91% | -3.19% | 2.23% | 1.71% | -8.89% | -2.80% | -4.01% | 9.41% | -12.53% |
| 2023 | 7.79% | -6.50% | -7.79% | -5.59% | -12.31% | 14.07% | 18.34% | 1.62% | -2.59% | -4.56% | -7.07% | 0.12% |
| 2022 | 29.93% | 1.21% | 4.21% | -5.32% | 19.87% | -23.98% | 2.98% | 5.27% | -4.39% | 38.45% | -2.18% | 2.18% |
| 2021 | 0.59% | 24.04% | -5.46% | -1.46% | 13.80% | 0.16% | -12.64% | -2.81% | 5.59% | 8.11% | -12.43% | 1.25% |
| 2020 | -17.30% | -18.99% | -51.21% | 28.50% | 13.17% | -0.65% | -1.95% | 5.03% | -15.98% | -2.73% | 37.50% | 2.15% |
| 2019 | 24.57% | -0.77% | -1.47% | -2.96% | -18.63% | 13.58% | -1.11% | -17.65% | 9.59% | -4.86% | 9.53% | 10.29% |
| 2018 | 8.09% | -11.04% | -1.08% | 6.51% | 0.82% | -2.35% | 1.61% | -5.73% | -3.39% | -16.16% | -12.60% | -22.04% |
| 2017 | -1.36% | -4.40% | -3.47% | -7.29% | -4.28% | -5.50% | 3.75% | -7.28% | 10.38% | -6.88% | -2.74% | 6.58% |
| 2016 | 11.01% | -4.57% | 4.87% | 1.74% | -0.99% | 0.25% | -0.75% | 6.85% | -1.22% |
The charts below present risk-adjusted performance metrics for SLB Limited (SLB) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of SLB compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current SLB Limited volatility is 2.94%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 54.87B | 48.94B | 47.96B | 43.14B | 41.51B | 42.43B | 56.31B | 70.51B | 71.99B | 77.96B | 68.01B | 66.90B | 67.10B | 61.55B | 55.20B | 51.77B | 33.47B |
| Equity Attributable To Parent (USD) | 26.11B | 21.13B | 20.19B | 17.69B | 15.00B | 12.07B | 23.76B | 36.16B | 36.84B | 41.08B | 35.63B | 37.85B | 39.47B | 34.75B | 31.26B | 31.23B | 19.12B |
| Equity Attributable To Noncontrolling Interest (USD) | 1.18B | 1.22B | 1.17B | 304.00M | 282.00M | 418.00M | 416.00M | 424.00M | 419.00M | 451.00M | 272.00M | 199.00M | 166.00M | 107.00M | 129.00M | 218.00M | 109.00M |
| Equity (USD) | 27.29B | 22.35B | 21.36B | 17.99B | 15.29B | 12.49B | 24.18B | 36.59B | 37.26B | 41.53B | 35.91B | 38.05B | 39.64B | 34.86B | 31.39B | 31.44B | 19.23B |
| Noncurrent Liabilities (USD) | 12.86B | 13.77B | 13.20B | 13.13B | 15.87B | 19.45B | 19.04B | 20.44B | 19.44B | 21.37B | 17.98B | 14.68B | 13.94B | 14.32B | 13.27B | 9.46B | 6.98B |
| Other Current Liabilities (USD) | 13.14B | 11.34B | 11.77B | 10.53B | 8.98B | 8.97B | 11.81B | 12.24B | 13.99B | 13.71B | 12.70B | 12.28B | 11.62B | 10.54B | 8.94B | 9.45B | - |
| Wages (USD) | 1.59B | 1.48B | 1.63B | 1.49B | 1.38B | 1.52B | 1.29B | 1.24B | 1.30B | 1.35B | 1.42B | 1.90B | 1.91B | 1.83B | 1.60B | 1.41B | - |
| Current Liabilities (USD) | 14.72B | 12.81B | 13.40B | 12.02B | 10.36B | 10.49B | 13.10B | 13.49B | 15.28B | 15.06B | 14.12B | 14.18B | 13.53B | 12.37B | 10.54B | 10.87B | 7.26B |
| Liabilities (USD) | 27.58B | 26.59B | 26.60B | 25.15B | 26.23B | 29.95B | 32.14B | 33.92B | 34.73B | 36.43B | 32.10B | 28.86B | 27.47B | 26.69B | 23.81B | 20.32B | 14.24B |
| Other Non-current Assets (USD) | 27.46B | 23.01B | 23.00B | 21.53B | 22.43B | 22.69B | 31.51B | 43.10B | 41.91B | 41.21B | 27.68B | 26.81B | 21.07B | 17.81B | 16.79B | 16.44B | 9.37B |
| Intangible Assets (USD) | - | - | - | - | - | - | - | - | - | - | - | - | 4.71B | 4.80B | 4.88B | 5.16B | 786.00M |
| Fixed Assets (USD) | 7.89B | 7.36B | 7.24B | 6.61B | 6.43B | 6.83B | 9.27B | 11.68B | 11.58B | 12.82B | 13.42B | 15.40B | 15.10B | 14.78B | 12.99B | 12.07B | 9.66B |
| Noncurrent Assets (USD) | 35.36B | 30.37B | 30.24B | 28.13B | 28.86B | 29.52B | 40.78B | 54.78B | 53.49B | 54.03B | 41.09B | 42.21B | 40.88B | 37.39B | 34.66B | 33.67B | 19.82B |
| Other Current Assets (USD) | 5.79B | 6.18B | 5.52B | 3.97B | 4.07B | 4.32B | 3.65B | 3.84B | 6.37B | 10.32B | 14.38B | 8.90B | 10.13B | 8.02B | 6.34B | 6.02B | 5.70B |
| Inventory (USD) | 5.03B | 4.38B | 4.39B | 4.00B | 3.27B | 3.35B | 4.13B | 4.01B | 4.05B | 4.23B | 3.76B | 4.63B | 4.60B | 4.79B | 4.70B | 3.80B | 1.87B |
| Accounts Receivable (USD) | 8.69B | 8.01B | 7.81B | 7.03B | 5.32B | 5.25B | 7.75B | 7.88B | 8.08B | 9.39B | 8.78B | 11.17B | 11.50B | 11.35B | 9.50B | 8.28B | 6.09B |
| Current Assets (USD) | 19.51B | 18.57B | 17.72B | 15.00B | 12.65B | 12.92B | 15.53B | 15.73B | 18.50B | 23.93B | 26.91B | 24.69B | 26.23B | 24.16B | 20.54B | 18.10B | 13.65B |
| Assets (USD) | 54.87B | 48.94B | 47.96B | 43.14B | 41.51B | 42.43B | 56.31B | 70.51B | 71.99B | 77.96B | 68.01B | 66.90B | 67.10B | 61.55B | 55.20B | 51.77B | 33.47B |
SLB announced a three-year agreement with Azule Energy (a joint venture between BP and ENI) to expand its Delfi digital platform across operations in Angola. The deal aims to improve execution reliability and operational efficiency through cloud-based digital integration, with early deployments showing significant benefits such as reducing well planning cycles from days to hours. SLB shares rose 1.70% to $52.41 following the announcement.
Amid rising tensions in Iran and disruptions in the Strait of Hormuz driving oil prices above $100, three energy stocks are highlighted as smart buys for investors with $100: ExxonMobil for its low-cost advantaged assets in Guyana and the Permian Basin, SLB for its essential oil and gas exploration technology, and Enterprise Products Partners for its stable fee-based pipeline business less vulnerable to price fluctuations.
SLB stock surged 5.63% after Citigroup recommended buying on weakness. Despite short-term pain from Middle East conflicts damaging oil infrastructure, the company could benefit long-term from repair and maintenance work. SLB is trading below 20x earnings with strong free cash flow, positioning it well for growth once the conflict ends.
Rising geopolitical tensions in key oil-producing regions are driving up oil prices, creating opportunities for energy companies. The article highlights five US energy stocks positioned to benefit from supply disruptions, shipping risks, and sanctions that could push crude prices higher.
The global oil and gas wells drilling services market is projected to grow from $53.42 billion in 2026 to $61.38 billion by 2030, with a CAGR of 3.5%. Growth is driven by unconventional resource development, offshore expansion, and technological advancements including directional drilling and automation. Major players are investing in innovations like advanced diagnostics and wellbore placement solutions to enhance operational efficiency.
Exxon Mobil and energy stocks surged on March 2, 2026, as escalating U.S.-Iran military conflict near the Strait of Hormuz sent crude oil prices sharply higher. Brent crude jumped 13% to $82.37/barrel and WTI climbed over 12% to $75.33, with analysts warning prices could reach $100+ if disruptions persist. Exxon rose 5.9% in premarket trading, benefiting from its low-cost upstream operations in the Permian Basin and Guyana, while the broader S&P 500 fell 1-1.5% as energy stocks served as a geopolitical hedge.
The Schwab U.S. Dividend Equity ETF (SCHD) has surged 15% in early 2026, significantly outperforming the S&P 500's less than 1% gain. The rally is driven by a sharp rise in crude oil prices (Brent crude up 15% to over $70/barrel) due to supply disruption concerns in Venezuela and Iran. The ETF's high 19.9% weighting to energy stocks, particularly oil dividend payers like Chevron and ConocoPhillips, has fueled the outperformance. These oil companies offer high dividend yields with above-average growth rates and strong free cash flow projections through 2030.
The Distributed Fibre Optic Sensing (DFOS) market is projected to exceed $1.62 billion in 2026, driven by rapid adoption in energy infrastructure for continuous pipeline and asset integrity monitoring. While DFOS offers significant operational savings and risk reduction, high upfront capital costs, complex deployment logistics, and long lead times are limiting rapid market expansion. US trade tariffs on optical fibre products are adding pressure, prompting companies to pursue local manufacturing and supply chain diversification strategies.
SLB secured a five-year, $1.5 billion contract with Kuwait Oil Company for the Mutriba field, covering field design, development, and production management. The contract focuses on cost efficiency and environmental responsibility. SLB shares rose 2% on the news. The company also recently won contracts in Oman and reported Q4 revenue that beat analyst estimates.
The global Oil and Gas Production Monitoring Software Market is expected to expand at a 9.19% CAGR from 2025 to 2031, driven by Industrial IoT, AI adoption, and environmental regulations. However, integration challenges with legacy systems and cybersecurity concerns pose significant obstacles to widespread adoption.