SLB SLB
SLB is the world's largest oilfield services and equipment company, selling technology and expertise for hydrocarbon exploration, drilling, and production to major oil companies. SLB shows solid financial health (DN/EBITDA 1.18) and strong momentum (64.49%), but its earnings growth is negative (-29.7%) and valuation is demanding (P/E 25.14); Aramco and Oman contracts and high oil prices offer positive catalysts.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
SLB is the world's largest oilfield services and equipment company, selling technology and expertise for hydrocarbon exploration, drilling, and production to major oil companies. SLB shows solid financial health (DN/EBITDA 1.18) and strong momentum (64.49%), but its earnings growth is negative (-29.7%) and valuation is demanding (P/E 25.14); Aramco and Oman contracts and high oil prices offer positive catalysts.
Score by category
| Category | Score |
|---|---|
| Financial health | 7.0 |
| Quality / Moat | 4.9 |
| Valuation | 5.3 |
| Growth | 3.5 |
| Dividend | 6.7 |
| Momentum | 8.4 |
| Risk & Context | 8.0 |
OVERALL SCORE: 6.3/10
Context and risks
The oil price rally and tensions in Hormuz directly benefit SLB, which sells exploration and production services to oil companies; increased activity in the Middle East (Aramco and Oman contracts) strengthens its backlog. However, a possible reversal of the risk premium (deal or new pipelines) could moderate demand in the medium term.
News considered in the analysis
- SLB Secures Major Aramco Contracts, Expands Saudi Arabia Footprint — Contratos con Aramco refuerzan ingresos y presencia en el mayor mercado de petróleo, con visibilidad a largo plazo.
- SLB Wins Oman Contract, Strengthening Its Middle East Growth Story — Nuevo contrato en Omán amplía la cartera en Oriente Medio, aunque de menor magnitud que el de Aramco.
- Sector Update: Energy Stocks Rise Late Afternoon — Movimiento sectorial genérico sin información específica de SLB.
- Sector Update: Energy Stocks Rise Thursday Afternoon — Actualización sectorial sin relevancia para SLB.
- Sector Update: Energy Stocks Rise Premarket Thursday — Ruido de mercado sin impacto específico.
Verdict: Hold; the combination of Middle East contracts and high oil prices supports the business, but valuation and earnings decline limit upside potential.
Main risk: The 29.7% decline in earnings and dependence on demand from major oil companies, which could weaken if oil prices reverse their rally.
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