BNET Industries
Market Cap:$76.8B
Last Fiscal Year Sales:$27.5B
- Public
- US
Dow Jones Description
The world needs oil, and oil needs Schlumberger. Founded in 1927 and headquartered in New York, NY, Schlumberger Limited (NYSE: SLB) is a leading oilfield services concern. The company's Oilfield Services segment offers a full range of specialties, including seismic surveys, drilling, wireline logging, well construction and completion, and project management. Its WesternGeco segment provides reservoir imaging, monitoring, seismic monitoring, and development services. The company has annual revenue of about $14.3 billion and employs about 60,000 people, operating in 80 countries. In November 2005 the company acquired a minority share in Packers Plus Energy Services, a Canadian-based completions company. In May 2005 the company acquired the assets of Diamould Ltd, an oil and gas industry firm specializing in electrical, hydraulic and fiber-optic connector solutions, based in Barrow-in-Furness, Cumbria, UK.
Number of Employees 87,000
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
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Schlumberger Shares Rise as Analyst Upgrades Stock
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Credit Suisse upgrades Schlumberger to outperform
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STOCKS NEWS US-HP profit rises, matches pre-announcement
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Technip, Schlumberger partner on pipe project
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Schlumberger, Technip work on surveillance solutions
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Technip, Schlumberger Team Up for Deepwater ...
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Why Schlumberger Deserves a Closer Look
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Schlumberger SLB and Alstom SA Sign Agreement to Study Carbon Capture and Storage Systems
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Capital One Southcoast Upgrades Schlumberger SLB to Add
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Schlumberger Announces Fourth-Quarter and Full Year 2009 Results
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Schlumberger Ltd announces dividend of USD0.21 per common share
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Halliburton Leads Off and Smacks a Single
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to resell ERF Wireless WiMAX service
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Oil Patch Bits: Schlumberger, Chevron announce Intersect
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Sector Wrap: Shares of oil services companies rise
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BRIEF-RESEARCH ALERT-BMO starts U.S. oil services sector
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Schlumberger releases new data management software (SPE 2009)
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Schlumberger, Chevron Energy Technology release new reservoir simulation software (SPE 2009)
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National Oilwell Varco forms joint venture with Schlumberger
News & Analysis
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earnings and schlumberger ltd. - All News and Analysis
Schlumberger Limited Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-23
Question-and-Answer Session Operator Great. Thank you, sir. Operator Instructions Your first question comes from Bill Herbert - Simmons & Company International. Bill Herbert - Simmons & Company International Andrew, if you could provide us with some perspective, if you will, on two markets, one, Mexico. Clearly a lot...
Schlumberger Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-24
Question-and-Answer Session Operator Operator Instructions Our first question today comes from the line of Kurt Hallead with RBC Capital Markets. Kurt Hallead - RBC Capital Markets Andrew, at the end of the first quarter, you referenced that the cycle was progressing very similar to prior cycle periods and...
Schlumberger Limited Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-04-24
Question-and-Answer Session Operator Operator Instructions Your first question comes from Michael LaMotte - J.P. Morgan. Michael LaMotte - J.P. Morgan I guess maybe I’ll start with just the general commentary, deepwater as you said is sort of the one thing that still looks good. Do you see any...
Schlumberger Limited Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-01-23
Question-and-Answer Session Operator Operator Instructions Your first question comes from Kurt Hallead - RBC Capital Markets. Kurt Hallead - RBC Capital Markets Andrew, I was wondering in your view how does this cycle compare to other cycles you’ve experienced in your career? Would you put this more...
Schlumberger Limited Q3 2008 Earnings Call Transcript
Seeking Alpha
- 2008-10-17
Question-and-Answer Session Operator Operator Instructions Your first question comes from David Anderson - UBS. David Anderson - UBS Andrew, I was just wondering, just looking at International land, is it fair to say the majority of your projected 2009 business is already locked up, either through contracts...
Earnings Preview: Schlumberger
Seeking Alpha
- 2008-10-16
Schlumberger SLB is expected to report Q3 earnings before market open Friday, October 17, with a conference call scheduled for 9:00 am ET. Guidance Analysts are looking for EPS of $1.25 on revenue of $7.02B. The consensus range is $1.18 to $1.29 for EPS, and $6.82B to $7.17B for revenue,...
U.S. oil service profits to climb
- 1998-01-05
HOUSTON -- Oilfield service companies such as Cooper Cameron and Schlumberger are benefiting from a brisk market for oil and gas drilling and will see profits surge in the fourth quarter, analysts said. Demand for drilling rigs is 19 percent higher in the United States and Canada than...
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