With The Stock Flat This Year, Will Q1 Results Drive SLB Stock Higher? [Forbes]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Forbes
a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) SLB's stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services including drilling, completion, and production solutions to upstream oil & gas companies in the U.S. and abroad, is scheduled to report its fiscal first-quarter results on Friday, April 19. We expect SLB's stock to likely trade higher with revenues and earnings coming slightly ahead of market expectations in its first quarter. The company's international and offshore markets continue to experience a strong resurgence of activity driven by resilient long-cycle development and capacity expansion projects. While supply cuts from Saudi Arabia and Russia, and persistent demand in Europe (which is the third largest oil consumer after the U.S. and China), have helped to build a more supportive environment for oil prices currently, any signs of a p
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GOOG
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- 4/25/24 - Beat
GOOG
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- 4/26/24 - Form 4
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- 4/26/24 - Form ARS
- GOOG's page on the SEC website