Schlumberger's stock performance is not meeting the pace set by the Nasdaq.
Schlumberger Limited, a leading oilfield services company based in Houston, Texas, has announced that its aggregated operating cash flows for Q1 and Q2 have inched up 2.2% year-over-year, reaching $1.8 billion. However, the company's stock prices have taken a hit, with a 6.1% decline on a year-to-date (YTD) basis and a 12.9% drop over the past 52 weeks.
Despite the recent dip, Schlumberger's market capitalisation stands at a robust $47.3 billion. The company serves oil and gas explorers and producers worldwide, providing technology for the energy sector.
Schlumberger's adjusted EPS dropped 12.9% year-over-year to $0.74, but managed to exceed the consensus estimates by 1.4%. The topline for Q2 also saw a decrease of 6.5% year-over-year, reaching $8.5 billion.
The stock's recent performance has been somewhat mixed. While it has gained 8.3% over the past three months, it has also declined 22% from its 52-week high of $46.15 touched on Oct. 10, 2024.
The Nasdaq Composite ($NASX) has also shown strong growth, with a 12.4% uptick in 2025 and a 27.1% surge over the past year. In comparison, Schlumberger's performance has underperformed NASX over the longer term.
As of writing, SLB's stock maintains a consensus "Moderate Buy" rating among the 21 analysts covering it. The specific names of these individual analysts are not detailed in the available search results. Among them, 15 analysts have issued a buy rating, four a hold rating, and two a strong buy rating.
Schlumberger's mean price target of $47.39 suggests a 31.6% upside potential from current price levels. It's important to note that the information and data in this article are solely for informational purposes.
In the competitive oilfield services industry, Schlumberger has underperformed its peer, Baker Hughes Company, with BKR gaining 12.9% in 2025 and a 36% surge over the past 52 weeks.
The stock prices dropped 3.9% following the release of its Q2 results on Jul. 18. Despite the challenges, Schlumberger remains a significant player in the energy sector, offering innovative technology and services to its clients worldwide.
Disclosure: The author does not hold any positions in the securities mentioned in this article. This article does not provide investment advice and should not be taken as such. It is always recommended to conduct thorough research before making any investment decisions.
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