OverviewSuggest Edit

Schlumberger is a provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. It operates through the following segments: Reservoir Characterization, Drilling, Production, Cameron, and Eliminations & other. The company supplies a range of products and services from exploration through production and integrated pore-to-pipeline solutions for hydrocarbon recovery that aim to optimize reservoir performance.

TypePublic
Founded1926
HQHouston, TX, US
Websiteslb.com
Employee Ratings3.7
Overall CultureC

Latest Updates

Employees (est.) (Dec 2019)105,000(+5%)
Job Openings134
Revenue (FY, 2020)$23.6 B(-28%)
Share Price (Apr 2021)$26.4(+3%)
Cybersecurity ratingBMore

Key People/Management at Schlumberger

Stephane Biguet

Stephane Biguet

Executive Vice President and Chief Financial Officer
Olivier Le Peuch

Olivier Le Peuch

Chief Executive Officer
Ashok Belani

Ashok Belani

Executive Vice President – Schlumberger New Energy
Alex Juden

Alex Juden

Secretary and General Counsel
Khaled Al Mogharbel

Khaled Al Mogharbel

Executive Vice President – Operations
Hinda Gharbi

Hinda Gharbi

Executive Vice President – Reservoir & Infrastructure
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Schlumberger Office Locations

Schlumberger has offices in Houston, Anchorage, Austin, Bartlesville and in 134 other locations
Houston, TX, US (HQ)
3600 Briarpark Dr
Anchorage, AK, US
6411 A St
Austin, TX, US
6101 W Courtyard Dr #125
Bartlesville, OK, US
509 W Hensley Blvd
El Reno, OK, US
560 W Jensen Rd
Frisco, TX, US
3011 Internet Blvd #200
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Schlumberger Financials and Metrics

Schlumberger Revenue

Schlumberger's revenue was reported to be $23.6 b in FY, 2020
USD

Revenue (FY, 2020)

23.6b

Net income (FY, 2020)

(10.5b)

Market capitalization (26-Apr-2021)

36.9b

Closing stock price (26-Apr-2021)

26.4

Cash (31-Dec-2020)

844.0m

EV

52.1b
Schlumberger's current market capitalization is $36.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

30.4b32.8b32.9b23.6b

Revenue growth, %

9%8%0%

Cost of goods sold

26.5b28.5b28.7b

Gross profit

3.9b4.3b4.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

7.8b8.3b8.5b7.9b8.3b8.5b7.5b5.4b5.3b

Cost of goods sold

6.8b7.2b7.3b7.0b7.3b7.4b6.6b4.9b4.6b

Gross profit

1.0b1.1b1.2b927.0m1.0b1.2b831.0m431.0m634.0m

Gross profit Margin, %

13%14%14%12%12%14%11%8%12%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.8b1.4b1.1b844.0m

Accounts Receivable

8.1b7.9b7.7b5.2b

Inventories

4.0b4.0b4.1b3.4b

Current Assets

18.5b15.7b15.5b12.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.9b1.5b1.5b1.2b1.5b1.2b1.4b1.5b1.2b

Accounts Receivable

8.5b8.6b8.4b8.2b8.5b8.3b7.5b5.8b5.6b

Inventories

4.2b4.1b4.1b4.2b4.4b4.3b4.1b3.6b3.5b

Current Assets

18.1b16.9b16.5b15.8b16.3b16.2b16.3b14.4b14.2b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(1.5b)2.2b(10.1b)(10.5b)

Depreciation and Amortization

3.8b3.6b3.6b2.6b

Inventories

108.0m(10.0m)(314.0m)86.0m

Accounts Payable

(737.0m)(824.0m)(161.0m)(3.3b)
USDFY, 2017

Revenue/Employee

304.4k

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x
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Schlumberger Operating Metrics

Schlumberger's Backlog was reported to be $2.7b in Q3, 2020.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Jun, 2020Q2, 2020Q3, 2020

Backlog

$2.5 b$2.8 b$2.5 b$2.5 b$2.7 b$2.9 b$3 b$2.6 b$3 b$3 b$2.8 b$2.7 b

Countries

8585120

Brands

5
Show all operating metrics

Schlumberger Acquisitions / Subsidiaries

Company NameDateDeal Size
Eurasia DrillingJuly 20, 2017
Peak Well SystemsJanuary 05, 2017
Omron Oilfield and MarineJune 02, 2016
Saltel IndustriesJune 01, 2016
Meta DownholeApril 24, 2016
Asset Development & Improvement Ltd.March 31, 2016
Fluid Inclusion TechnologiesNovember 16, 2015
T&T Engineering ServicesNovember 04, 2015
NovatekSeptember 02, 2015
CameronAugust 26, 2015$14.8 b
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Schlumberger Revenue Breakdown

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Schlumberger revenue breakdown by business segment: 16.0% from Cameron, 35.9% from Production, 18.9% from Reservoir Characterization and 29.1% from Drilling

Schlumberger revenue breakdown by geographic segment: 33.2% from North America, 23.5% from Europe/CIS/Africa, 30.6% from Middle East & Asia and 12.7% from Latin America

Human Capital Metrics

Embed Graph
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Schlumberger Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Schlumberger Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Schlumberger Online and Social Media Presence

Embed Graph

Schlumberger Company Culture

  • Overall Culture

    C

    64/100

  • CEO Rating

    C-

    64/100

  • Compensation

    C+

    63/100

  • Diversity

    C+

    66/100

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Schlumberger News and Updates

Schlumberger shares jump 2% premarket as earnings beat estimates

Schlumberger Ltd. shares rose 2% in premarket trade Friday, after the energy giant posted better-than-expected earnings for the first quarter. The company had net income of $299 million, or 21 cents a share, in the quarter, down from $374 million, or 27 cents a share, in the year-earlier period. Re…

SEG EVOLVE Learning Program Adopts Schlumberger Data and Petrotechnical Solutions Enabled by the DELFI Cognitive E&P Environment, Adds New Carbon-Capture Workflows

TULSA, Okla., March 23, 2021 /PRNewswire/ -- The Society of Exploration Geophysicists (SEG) is launching EVOLVE for 2021 with best-in-class technology support from major new partners, enabling the premier cloud-based geoscience and engineering learning program to achieve a higher level of...

Schlumberger New Energy Is Launching A Lithium Extraction Pilot Plant In Nevada

Schlumberger New Energy, which is reportedly the world’s leading provider of technology to the global energy industry, has announced its plans to develop a lithium extraction pilot plant in Clayton Valley, Nevada. NeoLith Energy, the new venture of Schlumberger New Energy, uses a differentiated dire…

Speculating On Tech Stocks? Why Not Consider Schlumberger Stock Instead

With the pandemic causing a paradigm shift in energy demand, Schlumberger has restructured its organization to focus on digital solutions for the existing oil & gas industry and the budding renewable energy sector. As crude oil prices are expected to remain subdued for a couple of years...

Schlumberger stock surges after profit beats, and revenue tops forecasts for first time in 4 quarters

Shares of Schlumberger Ltd. rose 1.4% in premarket trading, bucking the selloff among its energy peers and the broader stock market, after the oil services company topped profit forecasts, and beat revenue expectations for the first time in four quarters. Net income rose to $374 million, or 27 cent…

Vishal Chaturvedi, MBA, Promoted to Head of Process-General Accounting (North America & Caribbean) at Schlumberger

HOUSTON, Dec. 23, 2020 /PRNewswire/ -- Vishal Chaturvedi, MBA, a financial controller with proven expertise in driving process improvements, was promoted to Head of Process-General Accounting for North America & Caribbean at Schlumberger (SLB). In this role he is responsible for all 16 of...
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Schlumberger Frequently Asked Questions

  • When was Schlumberger founded?

    Schlumberger was founded in 1926.

  • Who are Schlumberger key executives?

    Schlumberger's key executives are Stephane Biguet, Olivier Le Peuch and Ashok Belani.

  • How many employees does Schlumberger have?

    Schlumberger has 105,000 employees.

  • What is Schlumberger revenue?

    Latest Schlumberger annual revenue is $23.6 b.

  • What is Schlumberger revenue per employee?

    Latest Schlumberger revenue per employee is $224.8 k.

  • Who are Schlumberger competitors?

    Competitors of Schlumberger include Ion Geophysical Corporation, NexTier Oilfield Solutions and ExxonMobil.

  • Where is Schlumberger headquarters?

    Schlumberger headquarters is located at 3600 Briarpark Dr, Houston.

  • Where are Schlumberger offices?

    Schlumberger has offices in Houston, Anchorage, Austin, Bartlesville and in 134 other locations.

  • How many offices does Schlumberger have?

    Schlumberger has 151 offices.