SLB (SLB) is scheduled to announce Q4 earnings results on Friday, January 23rd, before market open.
Wall Street, on average, expects the world’s largest oilfield services company to post a quarterly EPS of $0.74 (-19.6% Y/Y) on revenue of $9.55B (+2.9% Y/Y).
In the third quarter, SLB reported results beat.
According to a recent note from VanEck, SLB is well positioned for a shift toward more complex international and offshore projects. Its leadership in technology, digital solutions, and reservoir expertise supports producers focused on maximizing output from existing fields.
Evercore believes the closing of the ChampionX acquisition and reduction of exposure to APS through the Palliser exit has repositioned SLB towards the wellhead and production and reduced the overall risk profile of the enterprise..
Last week it was reported that SLB is talking with US President Donald Trump administration officials, Chevron (CVX) and other potential customers about expanding in Venezuela, part of Trump’s plan to revive Venezuela’s crippled oil industry.
“Recent geopolitical shifts in Venezuela could significantly expand SLB’s addressable market, but there are risks to consider as well,” pointed out a recent Seeking Alpha analysis.
Over the last 2 years, SLB has beaten EPS estimates 88% of the time and has beaten revenue estimates 75% of the time.
Over the last 3 months, EPS estimates have seen 11 upward revisions and 4 downward. Revenue estimates have seen 16 upward revisions and 1 downward.
In the year 2025, SLB shares slipped 0.1%, compared to the 16.7% rise in the broader S&P 500 index (SP500).
Seeking Alpha’s Quant recommended the stock as a Hold while the Wall Street analysts see the company as a Strong Buy.