
Schlumberger Limited is a global leader in the oil and gas industry, with a rich history dating back to 1926. The company was founded by a group of geologists and engineers, including Conrad and George Schlumberger, who developed the first electrical resistivity method for oil exploration.
Schlumberger Limited is headquartered in Houston, Texas, and has operations in over 85 countries worldwide. The company's global presence allows it to provide services to a wide range of clients across the oil and gas industry.
Schlumberger Limited is known for its cutting-edge technology and innovative solutions, which enable clients to improve their exploration and production efficiency. The company's services range from seismic acquisition and processing to drilling and production optimization.
With over 90 years of experience, Schlumberger Limited has established itself as a trusted partner for oil and gas companies around the world.
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Sector
Schlumberger Limited operates in the Oil & Gas Equipment & Services sector.
This sector is a critical part of the energy industry, providing essential tools and services for oil and gas exploration and production.
Schlumberger's expertise in this sector helps companies like yours navigate complex drilling and completion operations.
Their equipment and services are designed to improve efficiency, reduce costs, and enhance safety.
Schlumberger's presence in this sector is a testament to their commitment to innovation and customer satisfaction.
Financial Performance
Schlumberger Limited's financial performance is a key indicator of its overall health and success. Total Cash stands at $3.75 billion as of the most recent quarter, providing a solid foundation for the company's operations.
The company's debt-to-equity ratio is a staggering 63.58%, indicating a significant reliance on borrowed funds to finance its activities. This is a crucial consideration for investors and analysts evaluating the company's financial stability.
Schlumberger Limited's revenue streams are diverse, with significant contributions from various segments. Here's a breakdown of the company's sales by activity:
Schlumberger Limited's levered free cash flow is a substantial $3.01 billion, indicating a strong ability to generate cash from its operations.
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Premium Industry Data

In the financial sector, premium industry data is a game-changer for informed decision-making.
According to our research, the global financial services market is projected to reach $28.9 trillion by 2025, with a compound annual growth rate (CAGR) of 7.3%.
The key to success lies in understanding the nuances of financial performance, where every percentage point counts.
In 2020, the industry's average return on equity (ROE) was 12.6%, with top performers exceeding 20%.
High-performing companies tend to have a strong focus on operational efficiency, often achieving cost savings of up to 15% through process improvements.
By analyzing market trends and industry benchmarks, businesses can make data-driven decisions that drive growth and profitability.
The average revenue growth rate for top-performing financial institutions is 10.2%, significantly outpacing industry averages.
Financial Statements
Let's take a closer look at Schlumberger Limited's financial performance, specifically their financial statements. The company's balance sheet reveals a total cash of $3.75 billion as of the most recent quarter.
This significant amount of cash on hand is a testament to the company's liquidity and ability to meet its short-term obligations.
The total debt to equity ratio is a whopping 63.58% as of the most recent quarter. This indicates that the company relies heavily on debt to finance its operations.
To put this into perspective, a higher debt to equity ratio can be a sign of increased financial risk for the company.
The levered free cash flow, which is a key metric for evaluating a company's ability to generate cash, stands at $3.01 billion for the trailing 12 months. This is a significant amount of cash that the company can use to pay off debt, invest in new projects, or return to shareholders.
Here's a summary of Schlumberger Limited's key financial metrics:
- Total Cash (mrq): $3.75 billion
- Total Debt/Equity (mrq): 63.58%
- Levered Free Cash Flow (ttm): $3.01 billion
Sales by Activity
In Schlumberger Limited's financial performance, sales by activity play a significant role in understanding the company's revenue streams. Schlumberger Limited's sales by activity have shown a steady increase over the years.
Well Construction was a significant contributor to Schlumberger Limited's revenue, with sales reaching $13.48B in 2023, a notable increase from $8.6B in 2020. This indicates a growing demand for well construction services.
Production Systems also saw a notable increase in sales, reaching $12.14B in 2024, a significant jump from $6.65B in 2020. This highlights the importance of production systems in Schlumberger Limited's revenue.
Reservoir Performance sales have been steadily increasing, reaching $7.18B in 2024, up from $5.6B in 2020. This suggests a growing demand for reservoir performance services.
Digital & Integration sales have also been on the rise, reaching $4.25B in 2024, up from $3.08B in 2020. This indicates the increasing importance of digital and integration services in Schlumberger Limited's revenue.
Eliminations & Other sales have been relatively stable, with a slight decrease in sales over the years. In 2024, sales reached -$635M, down from -$332M in 2020.
Here is a breakdown of Schlumberger Limited's sales by activity for the specified years:
Sales by Region

As we dive into the financial performance of Schlumberger Limited, let's take a closer look at how sales break down by region.
The Middle East & Asia region saw significant growth, with sales increasing from $8.06B in 2021 to $13.03B in 2024.
In contrast, the Latin America region experienced a more modest increase, with sales rising from $4.46B in 2021 to $6.72B in 2024.
Here's a breakdown of sales by region for each year:
The North America region saw a decline in sales from $5.48B in 2020 to $6.68B in 2024, but still maintained a significant market share.
Investment Analysis
Schlumberger Limited has a significant presence in the oil and gas industry, with a history dating back to 1926. Its early years were marked by innovation and growth.
The company's revenue has been steadily increasing over the years, with a notable surge in 2020 due to the recovery in the oil and gas industry. In 2020, Schlumberger Limited reported a revenue of $14.3 billion.
Schlumberger Limited has a diverse range of products and services, including drilling and production systems, reservoir characterization, and consulting services. This diversification has helped the company to stay competitive in the industry.
The company's operations are spread across over 85 countries, making it a truly global player.
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Products and Services
Schlumberger Limited offers a range of products and services across various industries. The company has a diverse portfolio that includes oil field drilling services, oil and gas field services, and oil and gas drilling equipment manufacturing.
In the Mining, Oil & Gas Machinery Manufacturing industry, Schlumberger Limited offers four core revenue-generating products and services. These include Oil and gas field production machineryOther oil and gas field drilling machineryPortable drilling rigs and partsRotary oil and gas field drilling machinery as well as natural gas drilling services.
In the Oil Field Drilling Services industry, Schlumberger Limited offers one core revenue-generating product and service: exploration and gathering services.
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ICT Spend & Priorities
Schlumberger Ltd's digital strategy is informed by its likely spend across various technology areas, which can be understood through the intelligence provided by IT Client Prospector.
IT Client Prospector offers insights into Schlumberger Ltd's technology spending, enabling businesses to make informed decisions about their own digital strategies.
The company's likely spend on technology areas is a crucial aspect of its digital strategy, and understanding this can help businesses tailor their own tech priorities accordingly.
By leveraging the intelligence from IT Client Prospector, businesses can gain a competitive edge in the market and make more informed decisions about their own technology investments.
Schlumberger Ltd's likely spend across technology areas is a valuable resource for businesses looking to understand the company's digital strategy and make informed decisions about their own tech priorities.
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Products and Services
Schlumberger Limited offers a wide range of products and services across various industries.
In the Mining, Oil & Gas Machinery Manufacturing industry, they offer 4 core revenue-generating products and services.
Their products and services in the Oil Field Drilling Services industry include exploration and gathering services.
In the Oil & Gas Field Services industry, they offer 7 core revenue-generating products and services, including natural gas drilling services and oil drilling services.
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Their offerings in the Oil and Gas Drilling Equipment Manufacturing industry include oil and gas field production machinery and portable drilling rigs and parts.
Here are some of the key products and services offered by Schlumberger Limited:
- Natural gas drilling services
- Natural gas well support services
- Oil drilling services
- Oilfield support services
- Oil and gas field production machinery
- Other oil and gas field drilling machinery
- Portable drilling rigs and parts
- Rotary oil and gas field drilling machinery
- Exploration and gathering services
Company Information
Schlumberger Limited is a company that has been around since 1926. It was founded in Houston, Texas and is a public company.
The company operates in the energy industry and has four main divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. These divisions provide a range of services and products, including field development and hydrocarbon production, reservoir interpretation and data processing, and well construction and production improvement.
Schlumberger Limited has a notable market share in several industries, including Oil & Gas Field Services, Mining, and Oil & Gas Machinery Manufacturing. In the US, the company has a significant presence in these industries, with a market share of 29.6% in the Oil and Gas Drilling Equipment Manufacturing industry.
This Profile Includes:
Schlumberger Limited's profile includes a detailed Company Overview, which provides a glimpse into the company's history, mission, and values.
The company was founded in 1926 and is based in Houston, Texas.
You can also find Company Revenue and Employee Data, which includes an estimated 111,000 employees.
The profile also includes Company Financial Statements, giving you a clear picture of the company's financial performance.
Industry Market Share Breakdown is another valuable section, showing that Schlumberger has a notable market share in at least four industries in the US.
Here's a breakdown of the industries and Schlumberger's market share in each:
The profile also includes an Industry Competitor Matrix, which allows you to compare Schlumberger with its peers.
In addition, you can find a SWOT Analysis, which identifies the company's strengths, weaknesses, opportunities, and threats.
The profile also provides a comprehensive list of Products and Services offered by Schlumberger.
Board of Directors Composition
The Board of Directors of Schlumberger Limited is composed of a diverse group of individuals with varying levels of experience and expertise.
Olivier Le Peuch serves as a Director/Board Member, having joined the board in 2019.
Miguel Matías Galuccio also holds the position of Director/Board Member, having taken on the role in 2016.
Jeffrey Sheets and Patrick de la Chevardière joined the board in 2019, both serving as Director/Board Members.
Maria Moræus Hanssen was appointed as a Director/Board Member in 2020.
Peter Coleman and Vanitha Narayanan joined the board in 2021, also serving as Director/Board Members.
James Hackett serves as the Chairman, having taken on the role in 2023.
The ages of the Board of Directors members range from 56 to 71 years old.
Here is a list of the Board of Directors members, including their titles and ages:
Current Ownership Distribution
Let's take a look at the current ownership distribution of the company. Institutions hold a significant 17.5 billion shares, which accounts for a whopping 80.82% of the total ownership.
Here's a breakdown of the current ownership distribution:
- Institutions: 17.5B (80.82%)
- Mutual Funds: 4.1B (19.08%)
- Insiders: 22.7M (0.11%)
- Other: 0 (0.00%)
This shows that institutions have a substantial stake in the company, which could indicate a stable and long-term ownership structure.
Frequently Asked Questions
Who owns Schlumberger?
Schlumberger's stock is primarily owned by institutional investors (64.21%), with smaller percentages held by insiders (0.20%) and public companies and individual investors (35.59%). Learn more about Schlumberger's ownership structure and its implications for investors.
Is Schlumberger a German company?
No, Schlumberger is not a German company, it was founded in France in 1926 and is now incorporated in Curaçao.
What does SLB actually do?
SLB provides technology solutions to the global energy industry for characterizing reservoirs, drilling, producing, and processing oil and gas. They help companies unlock energy resources more efficiently and sustainably.
Where is Schlumberger Limited located?
Schlumberger Limited is headquartered in Houston, Texas, USA. Our global operations span across the world, but Houston serves as our main hub.
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