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Is SLB Stock Underperforming the Dow Jones?

by SuperiorInvest

With a market capitalization of 54.1 billion dollarsSLB NV (SLB) is a global technology company serving the energy industry through four divisions focused on digital solutions, reservoir performance, well construction and production systems. It offers advanced technologies and services for field development, hydrocarbon production and emerging areas such as carbon management and energy systems integration.

Companies valued at $10 billion or more are generally considered “large cap” stocks, and SLB fits this criteria. The company offers a complete portfolio ranging from drilling and reservoir evaluation to subsea systems and production optimization.

Shares of the Houston, Texas-based company have fallen 18.9% since its 52-week high of $44.66. During the last three months, its shares have fallen marginallyunderperforming the Dow Jones Industrials Average ($DOWI) Increase of 4.6% during the same period.

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Longer term, SLB stock is down 5.5% year over year, lagging DOWI’s 12.2% gain. Additionally, shares of the oilfield services giant have fallen 17% over the past 52 weeks, compared to DOWI’s 6.7% increase during the same period of time.

The stock has been trading below its 200-day moving average since last year. However, it has moved above its 50-day moving average since late October.

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Despite reporting better than expected results Third quarter of 2025 Adjusted EPS of $0.69, SLB shares fell slightly on Oct. 17, when management did not signal any significant rebound in drilling activity in North America, citing high production costs in some shale basins and an oversupplied oil market. Investors also reacted to operational weakness, including a 7% drop in international revenue to $6.92 billion, disruptions in Ecuador, and a 9% decline in global revenue excluding the ChampionX acquisition.

Additionally, SLB stock has performed weaker than its rival, Exxon Mobil Corporation (XOM). XOM Stock Has increased by 7.8% YTD and down 1.5% over the past 52 weeks.

Despite the stock’s poor performance, analysts remain optimistic about its prospects. SLB stock has a “Strong Buy” consensus rating from 24 analysts in coverage, and the average price target of $47.08 It is a 29.9% premium to current levels.

As of the date of publication, Sohini Mondal had no (directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. For more information, see Barchart’s Disclosure Policy here.

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