Schlumberger (SLB) option IV at high end of range into quarter results

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SLB (SLB) PT Raised to $65 at Stifel

July 22, 2024 1:17 PM EDT

Stifel analyst Stephen Gengaro raised the price target on SLB (NYSE: SLB) to $65.00 (from $64.00) while maintaining a Buy rating.

The analyst comments "SLB's 2Q24 results, 3Q24 guidance, and 2024 outlook (EBITDA up 14-15%) support our positive outlook for the shares. Based on SLB's track... More

RBC Capital Reiterates Outperform Rating on SLB (SLB)

July 22, 2024 6:29 AM EDT

RBC Capital analyst Keith Mackey reiterated an Outperform rating and $69.00 price target on SLB (NYSE: SLB).

The analyst comments "SLB's 2Q24 results and near-term guidance were solid. The company continues to benefit from favourable trends in international and offshore oil & gas development, while its... More

Citi Reiterates Buy Rating on SLB (SLB)

July 19, 2024 9:11 AM EDT

Citi analyst Scott Gruber reiterated a Buy rating and $62.00 price target on SLB (NYSE: SLB).

The analyst comments "SLB reported 2q EBITDA of $2.288B, 1% above FactSet consensus and 2% above our forecast. Adjusted EPS of 85c beat consensus at 83c and our... More