SLB
SchlumbergerNYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-05-08
As of May 8, 2026, SLB has a composite score of -13.3 and a signal label of "cautious." This score is influenced by a medium confidence level of 70.1 and reflects a combination of favorable and unfavorable scenarios, including potential guidance cuts and sector trends. Key drivers include macroeconomic factors such as inflation, labor, growth, and rates. The assessment is provisional.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)0.02
- Bonus0.00
Why this rank
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $0.63 → $0.53 (-15.9% / 30d). 2 raised, 17 cut, 21 covering analysts.
0 upgrades, 0 downgrades / 30d, 12 maintained. 86% of analysts rate Buy.
10 PT revisions / 30d. Avg target 10.3% above current price.
0 positive, 0 negative / 30d.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
4 material events in the last 24 months — top 4 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Return $4 billion to shareholders in 2026capital allocationmixed35% progressprovisional
1/23: “SLB: 'committed to returning more than $4 billion to shareholders in 2026 through dividends and share repurchases.'”
Why this status
Newly stated in 2026-Q1. SLB has committed to returning more than $4 billion to shareholders in 2026. As of the latest available data, there is no specific financial outcome reported yet for this commitment. The trajectory is currently unassessed due to lack of detailed financial delivery data.
- 2.Achieve $400 million synergies from ChampionXcostwatchprovisional
7/16: “SLB: 'expects to realize annual pretax synergies from the ChampionX acquisition of approximately $400 million.'”
Why this status
Newly stated in 2025-Q3. SLB aims to achieve $400 million in synergies from the ChampionX acquisition. Financials do not yet reflect specific synergy realization, and the trajectory remains to be seen as the integration progresses.
- 3.Capex of approximately $2.4 billion in 2025capital allocationwatchprovisional
7/18: “SLB: 'Capital investment for the full-year 2025 is now expected to be approximately $2.4 billion.'”
Why this status
Newly stated in 2025-Q2. SLB has set a capital expenditure target of approximately $2.4 billion for 2025. The financials do not yet confirm the full-year capex achievement, and the trajectory is pending further updates.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 29%; 252d 33%.
Drawdown — Max 1y −14%. Bad day move −3%.
Beta to sector ETF (XLE) — 0.07 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 45/100, drawdown 71/100, beta 7/100, earnings vol —.
via XLE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 593.3% avg surprise
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Return $4 billion to shareholders in 2026
Capital allocationNew since 2026-05-04SLB aims to return more than $4 billion to shareholders through dividends and share repurchases in 2026.
Behind →MixedNewly stated in 2026-Q1. SLB has committed to returning more than $4 billion to shareholders in 2026. As of the latest available data, there is no specific financial outcome reported yet for this commitment. The trajectory is currently unassessed due to lack of detailed financial delivery data.
35%CEO/CFO:“SLB: 'committed to returning more than $4 billion to shareholders in 2026 through dividends and share repurchases.'”Multiple sourcesSource dated 2026-01-23Stated 1 of last 8 quartersFirst seen 2026-05-04provisionalShow history (1)
- 2026-Q1Multiple sources
“committed to returning more than $4 billion to shareholders in 2026.”
- #2
Achieve $400 million synergies from ChampionX
CostNew since 2026-05-04SLB expects to realize $400 million in annual pretax synergies from the ChampionX acquisition within three years post-closing.
WatchNewly stated in 2025-Q3. SLB aims to achieve $400 million in synergies from the ChampionX acquisition. Financials do not yet reflect specific synergy realization, and the trajectory remains to be seen as the integration progresses.
No scoreCEO/CFO:“SLB: 'expects to realize annual pretax synergies from the ChampionX acquisition of approximately $400 million.'”Multiple sourcesSource dated 2025-07-16Stated 1 of last 8 quartersFirst seen 2026-05-04provisionalShow history (1)
- 2025-Q3Multiple sources
“expects to realize annual pretax synergies from the ChampionX acquisition of approximately $400 million.”
- #3
Capex of approximately $2.4 billion in 2025
Capital allocationNew since 2026-05-04SLB plans to invest approximately $2.4 billion in capital expenditures for the full year 2025.
WatchNewly stated in 2025-Q2. SLB has set a capital expenditure target of approximately $2.4 billion for 2025. The financials do not yet confirm the full-year capex achievement, and the trajectory is pending further updates.
No scoreCEO/CFO:“SLB: 'Capital investment for the full-year 2025 is now expected to be approximately $2.4 billion.'”Multiple sourcesSource dated 2025-07-18Stated 1 of last 8 quartersFirst seen 2026-05-04provisionalShow history (1)
- 2025-Q2Multiple sources
“Capital investment for the full-year 2025 is now expected to be approximately $2.4 billion.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Not enough peers to compare yet.
Richer than its own typical valuation.
P/E over the last 5 years
39 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
SLB Schlumberger | -13 | expensive | moderate |
XOM ExxonMobil | +5.8 | expensive | moderate |
CVX Chevron Corporation | +3.0 | expensive | moderate |
COP ConocoPhillips | +8.0 | expensive | moderate |
WMB Williams Companies | +4.1 | fair | moderate |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If inflation state reverses from -0.34 (negative) to +0.34 (positive)+5.4 pts
- If energy sector trend rises from -0.03 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is raised (currently NEW as of 2026-03-11)+4.0 pts
- If next-quarter guidance is cut (currently NEW as of 2026-03-11)-8.0 pts
- If energy sector trend falls from -0.03 into 'weakening' (<= -0.20)-5.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-2414d agoItem 2.02
Results of Operations and Financial Condition. The First-Quarter 2026 Earnings Release furnished as Exhibit 99 hereto, which is incorporated by reference into this Item 2.02, was posted on the SLB internet website ( https://investorcenter.slb.com/financial-information/quarterly-results ) on April 24, 2026. In accordance with General Instructions B.2. of Form 8-K, the information will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exch…
earnings preannouncementneutralscore 47 - 2026-01-233mo agoItem 2.02
Results of Operations and Financial Condition. The Fourth-Quarter and Full-Year 2025 Earnings Release furnished as Exhibit 99 hereto, which is incorporated by reference into this Item 2.02, was posted on the SLB internet website ( https://investorcenter.slb.com/financial-information/quarterly-results ) on January 23, 2026. In accordance with General Instructions B.2. of Form 8-K, the information will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as a…
earnings preannouncementneutralscore 6 - 2025-10-156mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 12, 2025, Ms. Mamatha Chamarthi resigned from the Board of Directors of SLB Limited (“SLB”). Ms. Chamarthi’s resignation is not a result of any disagreement with SLB. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned her…
executive changeneutralscore 0 - 2025-07-159mo agoItem 8.01
Other Events. As previously disclosed, on April 2, 2024, Schlumberger Limited, a Curaçao corporation (“SLB”), and its indirect, wholly owned subsidiaries, Sodium Holdco, Inc., a Delaware corporation (“Holdco”), and Sodium Merger Sub, Inc., a Delaware corporation (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), with ChampionX Corporation, a Delaware corporation (“ChampionX”), pursuant to which SLB will acquire ChampionX in an all-stock transaction. Pursuan…
mna activitypositivescore 0
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.