SLB Stock Analysis — Schlumberger
Sector: Energy
AI Verdict
SLB trades at 20.7x next year's earnings—nearly double the energy sector median—so you're paying up for 17.2% expected EPS growth, which only makes sense if its entrenched position and technical moat keep delivering despite a recent -0.4% revenue slip.
Competitive Moat
Schlumberger provides oilfield services and technology, with a defensible moat built on its global scale, proprietary drilling software, and deep integration into major energy projects. Its long-term contracts and technical know-how create high switching costs for oil and gas producers.
Summary
SLB's 62.79% 1-year return stands out as oilfield services stocks rebound on higher capital spending.
Where It Stands
Shares are up 62.79% over the past year, with an RSI of 68.3 signaling elevated pullback risk, and a forward P/E of 20.7x that sits well above the energy sector median of 12x.
Key Metrics
- RSI: 68.3 — Near Overbought
- Trailing P/E: 24.3x
- Forward P/E: 20.7x
- PEG Ratio: 1.45
- Earnings Growth: +0.2%
- Revenue Growth: -0.0%
- Market Cap: $83.3B
- Dividend Yield: 0.02%
- 1-Year Return: 62.79%
- 52-Week High: $56.90
- 52-Week Low: $31.64
Analyst Consensus
28 Buy · 4 Hold · 1 Sell (33 analysts)
Bull Case
Forward EPS is expected to grow 17.2% while the forward P/E of 20.7x is below the trailing P/E of 24.3x, suggesting analysts see earnings catching up to valuation.
Bear Case
If the P/E compresses to the sector median of 12x, the stock would face a 42% downside from current multiples, and the RSI of 68.3 signals near-term overbought conditions.
Catalyst to Watch
Watch for large contract wins or oil price moves—either could justify or challenge the 17.2% forward EPS growth baked into consensus.