OverviewSuggest Edit

Schlumberger is a provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company supplies a range of products and services from exploration through production and integrated pore-to-pipeline solutions for hydrocarbon recovery that optimize reservoir performance.
TypePublic
Founded1926
HQHouston, US
Websiteslb.com
Employee Ratings3.7
Overall CultureC

Latest Updates

Employees (est.) (Dec 2019)105,000(+5%)
Job Openings37
Revenue (FY, 2019)$32.9 B
Share Price (Nov 2020)$18 (+5%)
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
Jean-François Poupeau

Jean-François Poupeau

Executive Vice President – Corporate Engagement
Alex Juden

Alex Juden

Secretary and General Counsel
Khaled Al Mogharbel

Khaled Al Mogharbel

Executive Vice President – Operations
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Schlumberger Office Locations

Schlumberger has offices in Houston, Anchorage, Austin, Bartlesville and in 140 other locations
Houston, US (HQ)
3600 Briarpark Dr
Anchorage, US
6411 A St
Austin, US
6101 W Courtyard Dr #125
Bartlesville, US
509 W Hensley Blvd
El Reno, US
560 W Jensen Rd
Fort Worth, US
100 Throckmorton St #150
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Schlumberger Financials and Metrics

Schlumberger Revenue

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Schlumberger's revenue was reported to be $32.92 b in FY, 2019 which is a 0.3% increase from the previous period.
USD

Revenue (Q3, 2020)

5.3b

Net income (Q3, 2020)

(73.0m)

Market capitalization (13-Nov-2020)

25.1b

Closing stock price (13-Nov-2020)

18.0

Cash (30-Sept-2020)

1.2b

EV

40.3b
Schlumberger's current market capitalization is $25.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

30.4b32.8b32.9b

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

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

Gross profit

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

Gross profit Margin, %

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

Cash

1.8b1.4b1.1b

Accounts Receivable

8.1b7.9b7.7b

Inventories

4.0b4.0b4.1b

Current Assets

18.5b15.7b15.5b
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, 2019

Net Income

(1.5b)2.2b(10.1b)

Depreciation and Amortization

3.8b3.6b3.6b

Inventories

108.0m(10.0m)(314.0m)

Accounts Payable

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

EV/CFO

19.4 x

EV/FCF

30.9 x

Revenue/Employee

304.4k

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x

P/E Ratio

(62.0)
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Schlumberger Operating Metrics

Schlumberger's Backlog was reported to be $2.8b in Q2, 2020.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Jun, 2020Q2, 2020

Backlog

$2.50 b$2.80 b$2.50 b$2.50 b$2.70 b$2.90 b$3 b$2.60 b$3 b$3 b$2.80 b

Countries

85 85 120

Brands

5
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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$14.80 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

Source: www.slb.com
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Schlumberger Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

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

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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

North America Geosteering Technology market is set to witness increasing demand over 2020-2027 With Top Key Players are HMG Software LLC, ROGII Inc., Schlumberger Limited, Terracosm Software, LLC

The geosteering technology market in North America is expected to grow from US$ 4,988.03 million in 2019 to US$ 8,597.20 million by 2027; it is estimated to grow at a CAGR of 11.0 % from 2020 to 2027. Posted via Industry Today. Follow us on Twitter @IndustryToday

Schlumberger is slashing its global workforce, but workers in 1 country say the company is taking advantage of weak labor laws to stiff them of fair severance

As layoffs proceed at Schlumberger — the world's largest oilfield services company — former workers in Ivory Coast say they're being cheated of fair compensation. Headquartered in Houston, Schlumberger is taking advantage of the West African nation's weak governance and feeble unions to avoid giving…

Schlumberger moving LR Cameron plant activities out of state due to COVID-19

Cameron Orbit Valve is shutting down its facilities due to the economic crisis created by COVID-19. They will be moving much of the plant activities to a plant in Oklahoma City and Ville Platte, Louisiana.

Le Peuch Speaks at Barclays CEO Energy - Power Conference 2020

Ladies and gentlemen, good morning. It is with great pleasure that I return to this conference, albeit virtually. I would like to thank Dave and Barclays for the opportunity to present today. This morning, I will reflect upon the future state of our industry and address our strategy and ambition for…

Schlumberger, IBM and Red Hat Announce Major Hybrid Cloud Collaboration for the Energy Industry

Schlumberger, IBM and Red Hat, announced today a major collaboration to accelerate digital transformation across the oil and gas industry. The joint initiative will provide global access to Schlumberger’s leading exploration and production (E&P) cloud-based environment and cognitive applications…

Schlumberger Announces Third-Quarter 2020 Results Conference Call

Schlumberger Limited (NYSE: SLB) will hold a conference call on October 16, 2020 to discuss the results for the third quarter ending September 30, 2020. The conference call is scheduled to begin at 8:30 a.m. US Eastern time and a press release regarding the results will be issued at 7:00 a.m. US Eas…
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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 $32.9 b.

  • What is Schlumberger revenue per employee?

    Latest Schlumberger revenue per employee is $313.5 k.

  • Who are Schlumberger competitors?

    Competitors of Schlumberger include ExxonMobil, Chevron and Nabors.

  • 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 140 other locations.

  • How many offices does Schlumberger have?

    Schlumberger has 165 offices.