Schlumberger Ltd (SLB) News

"International Oil Drilling Boosts SLB’s Net Profit in Q1"

https://oilprice.com/Latest-Energy-News/World-News/International-Oil-Drilling-Boosts-SLBs-Net-Profit-in-Q1.html

Not many in here. Just got in and hoping this will go much higher.

Um, what just happened??

5 year high and getting recognition. Now looking at ECSL .75 and their Tampa Bay Green Hydrogen investors from France and Germany.

Wall Street is expecting SLB profit to grow 37% to $2.98 per share in 2023 while it is seen jumping a further 23% in 2024.

$SLB Chart has been breaking out strong.and company just dropped huge earnings Friday..

https://stockcharts.com/c-sc/sc?s=SLB&p=D&b=5&g=0&i=0&r=1666558393122

Loaded calls

time to load up SLB here at $24-$27

SLB heading to $40-$45 as oil likely heads to $80-$85

i dont see oil going to $100 but i guess if it can go negative it can go to $100 again

https://www.dailyfx.com/crude-oil

$slb $28.3 ^ 0.9 (3.28%)
Volume: 11,722,600 @03/26/21 7:59:29 PM EDT

SLB agrees to build lithium extraction from brine pilot plant-

https://www.marketwatch.com/press-release/schlumberger-new-energy-venture-to-launch-a-lithium-extraction-pilot-plant-in-nevada-2021-03-18


Schlumberger New Energy announced today the development of a lithium extraction pilot plant through its new venture, NeoLith Energy. The deployment of the pilot plant will be in Clayton Valley, Nevada, USA. The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction (DLE) process to enable the production of high-purity, battery-grade lithium material while reducing the production time from over a year to weeks. This innovative process can create new market opportunities for lithium extraction and battery manufacturing economy, and maximize the value of the lithium-rich resource base in Nevada with cutting-edge extraction technology.

The demand for battery-grade lithium is projected to grow exponentially, driven by growth in the electric vehicle (EV) market. As EVs greatly depend on lithium-ion rechargeable batteries, sustainable and efficient lithium production has become an important topic for regions, industries, and technology companies, as well as battery and large automotive manufacturers. NeoLith Energy’s pilot plant is a step towards a full-scale, commercial lithium production facility. The pilot plant results will be used to optimize the design of the full-scale production plant. The production plant will utilize an environmentally friendly method for subsurface brine extraction and lithium production that requires a significantly smaller footprint and reduces water consumption by over 85% compared to current methods for lithium extraction from brine.

“Nevada lithium resources present an excellent opportunity to demonstrate a leap in production efficiency with a more sustainable approach,” said Ashok Belani, Schlumberger New Energy executive vice president. “Schlumberger’s expertise in the subsurface domain, development of process technology, and global deployment of technology at scale with various partners all play an important role in the innovation and efficiency of our DLE process. We are accelerating the deployment of our pilot plant in response to the high market demand for battery-grade lithium material.”

The pilot plant’s deployment is part of the Pure Energy Minerals agreement with Schlumberger New Energy for the development of its Nevada lithium brine property, using advanced technology to process the brine and extract high-purity lithium, maximizing the lithium resource recovery. Commissioning of the pilot plant will begin following receipt of all necessary permits. NeoLith Energy intends to begin operations before the end of 2021.

Schlumberger New Energy has invested more than USD 15 million in this DLE process, and expects the development and operation of the pilot plant in Nevada to require a similar amount of investment. This innovative and sustainable DLE process has the potential to disrupt the lithium economy by opening new opportunities to existing production regions, and enabling new lithium production regions across the globe to meet the growing demand.

About Schlumberger New Energy

Schlumberger is the world's leading provider of technology to the global energy industry. Schlumberger New Energy explores new avenues of growth by leveraging Schlumberger’s intellectual and business capital in emerging new energy markets, with a focus on low-carbon and carbon-neutral energy technologies. Its activities include ventures in the domains of hydrogen, lithium, carbon capture and sequestration, geothermal power and geoenergy for heating and cooling buildings.

$slb $27.88 v -0.63 (-2.21%)
Volume: 22,476,454 @02/26/21 7:59:20 PM EST

$slb $25.06 ^ 0.25 (1.01%)
Volume: 11,370,171 @02/05/21 7:57:18 PM EST

$slb $24.33 v -1.02 (-4.02%)
Volume: 21,095,966 @01/21/21 7:58:55 PM EST

Is this a long-term upswing here for SLB, or are we gonna see another pullback after Jan 20? Thoughts?

$slb $21.47 v -0.31 (-1.42%)
Volume: 17,183,185 @12/22/20 7:09:07 PM EST

$slb $21.93 v -0.17 (-0.77%)
Volume: 6,550,850 @11/27/20 5:00:00 PM EST

had to sell some today, crazy move in energy today. glad i got some $15s and $16s of SLB

$slb $17.7102 v -0.5998 (-3.28%)
Volume: 16,388,093 @11/11/20 4:36:29 PM EST

$slb $14.9 ^ 0.45 (3.11%)
Volume: 17,498,845 @10/30/20 7:59:15 PM EDT

$slb $15.57 ? 0.0 (0.00%)
Volume: 0 @-

Shhhhhhhh big bucks big bucks

Dont Hurry!, SLB in combination with Occidental P....m....uff this fusion can hit an astronomic lvls for pps.

$slb $25 with news

$slb $17.705 v -0.905 (-4.86%)
Volume: 13,448,182 @09/10/20 3:52:37 PM EDT

slb is giving shares away at this level...

lbow just keep scoopint up freebies by the symbol of.....S L B

$SLB Winning!

$slb $18.5 v -0.22 (-1.18%)
Volume: 7,949 @08/04/20 8:03:02 AM EDT

It is one of those "I started to buy it down there". NO BRAINER

Keep it quiet here about $SLB. Don't want the masses to know about this magnificent undervalued gem.

Slb is ready to move back to 40 .....then trek back to 100 in a few years..worth the wait...may be sooner, much sooner..

So the Oilfield service company MONSTER OF THE WORLD and no interest on this board. Just the opposite of the overhyped MIRAGE ENERGY BOARD. Extreme hyping while price declines. SLB is simple...load the wagon ...while the price is near zero...

$slb $17.13

Schlumberger Ltd (SLB)
18.39 +$0.38 (2.11%)
Volume: 18,612,885

$slb $17.44

$SLB Schlumberger Ltd Bullish targets

Schlumberger NV engages in the provision of technology for reservoir characterization, drilling, production and processing to the oil and gas industry. It operates through the following business segments: Reservoir Characterization, Drilling, Production, Cameron and Elimination and other. The Reservoir Characterization Group segment consists of the principal technologies involved in finding and defining hydrocarbon resources. The Drilling Group segment includes the drilling and positioning of oil and gas wells such as bits and drilling tolls, drilling and measurement, land rigs and integrated drilling services. The Production Group segment provides technologies in the lifetime production of oil and gas reservoirs such as well services, completions, artificial lift, well intervention, water service, integrated production services and others. The Cameron Group segment consists of the pressure and flow control for drilling and intervention rigs, oil and gas wells and production facilities. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX .

$slb $21.99

Saudi Arabia, Russia agree to extend output cuts

WSJ Jun. 3, 2020 2:26 PM ET
By: Carl Surran, SA News Editor

Saudi Arabia and Russia agree in principle to continue their crude production cuts at current levels for another month through July, with a plan to revisit the decision each month, WSJ reports.

The agreement could still be jeopardized if alliance members including Iraq and Nigeria are unwilling to make up for their lack of compliance with the recent curbs, according to the report.

OPEC+ agreed in April to cut production by 9.7M bbl/day after a sharp decline in global oil demand due to the coronavirus pandemic.

It is not clear whether the alliance will hold its virtual meeting tomorrow or delay it to the previously scheduled June 10.

WTI crude oil +0.3% to $36.94/bbl, rebounding from early losses.

$slb $18.21

$slb $17.11 v -0.84 (-4.68%)

Gotta love it

$slb $16.73

$slb $15.82

Adding 500 at $16.15

$slb $16.25

$slb $18.2

$slb Schlumberger is the world's leading oilfield services provider. Cutting-edge solutions for reservoir characterization.

$slb https://www.slb.com/