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SLB has had a mixed share price run, with the stock still up 82.1% over five years even after recent weakness, which naturally raises the question of whether today’s valuation is supported by the cash it can generate over time. With a Discounted Cash Flow (DCF) estimate available, the key focus now is how that cash flow profile stacks up against the current US$49.87 share price. Over the past five years, SLB has delivered a 82.1% total return, so a lot of long term value is already being...
Oil prices dropped after a report that Saudi Arabia has resumed exporting oil through its now-repaired East-West pipeline. The pipeline was damaged by drone strikes on Sept. 10, but partial flows of around 3.5 million barrels a day have been restored on a route that bypasses the Strait of Hormuz, Dow Jones Newswires reported, citing people familiar with the matter. Brent crude, which was trading around $107 a barrel earlier in the day, moved lower to around $105 a barrel.
Oil prices trimmed earlier gains as Saudi Arabia’s state supplier reopened a key distribution point.
Saudi Aramco win adds orders beyond the Company’s long-term agreement; US$2.3 million Pertamina Hulu Rokan order builds on momentum under existing 3-year supply contractSINGAPORE, Sept. 28, 2026 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today announced new orders totaling US$9.4 million from Saudi Aramco and Pertam
SLB's four Aramco contracts cover more than 450 wells, expanding its integrated well construction work and strengthening multi-year revenue visibility.
Wipro’s launch of STO360 with Aramco, built on SAP’s Business Technology Platform and endorsed as an SAP app, puts SAP (XTRA:SAP) in focus for investors watching asset-intensive software demand. SAP’s tie up with Wipro and Aramco arrives after a busy run of AI and workforce updates. The current share price of €186.46 comes after a sharp 90 day share price return of 40.96%, alongside a year to date share price decline of 7.67%. The picture on longer term total shareholder returns is mixed,...
Energy stocks were rising premarket Thursday, with the State Street Energy Select Sector SPDR ETF (X
HOUSTON, September 24, 2026--Global energy technology company SLB (NYSE: SLB) today announced it has been awarded four integrated well construction contracts by Aramco to support oil and gas development across the Kingdom of Saudi Arabia. Under the contracts, SLB will manage end-to-end well construction services, delivering more than 450 wells in the three-year term, with an optional extension of up to two years.
Nearly $49 billion in potential insider selling pressure could hit the tape today.
Henning Rath, CEO at battery startup EnerVenue, says the company's water-based nickel-hydrogen battery cells will be installed in an oilfield in northern China. He speaks on "Bloomberg: The China Show."
A full return to the pipeline's 4 million barrels-per-day rate could take up to 6 to 8 weeks, sources say
Aktuelle Schlagzeilen Dritter zu diesem Unternehmen, getrennt von Makklers eigener Redaktion und mit Verlinkung zum Herausgeber. Für die Richtigkeit ist der jeweilige Herausgeber verantwortlich.