Schlumberger Limited is a leading global provider of technology and services for the oil and gas industry. The company's mission is to enhance the performance of its clients by delivering innovative solutions that optimize reservoir performance and improve operational efficiency. Schlumberger's strategy focuses on leveraging advanced technologies, digital transformation, and sustainable practices to meet the evolving needs of the energy sector. With a comprehensive portfolio of services, including drilling, production, and reservoir management, Schlumberger operates in over 120 countries, helping clients navigate the complexities of energy exploration and production while promoting environmental stewardship.

SCHLUMBERGER LIMITED

Schlumberger (SLB) is navigating a challenging landscape characterized by a significant reorganization aimed at improving efficiency and reducing costs amid cautious customer spending due to an oversupplied oil market. The Houston-based oilfield service provider has implemented a global functional structure while also incurring substantial severance costs as part of these...

Schlumberger Outperforms Competitors Amid Restructuring and Market Challenges, Reports Strong Q4 Earnings and Positive Growth Outlook

Schlumberger's recent Q4 earnings showcase resilience amid a challenging oil market, with a notable revenue boost driven by advancements in AI and operations in the Middle East and Asia. But can the company maintain this momentum while navigating concerns over valuation and geopolitical tensions?