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Schlumberger ( (SLB) ) has provided an announcement.
On May 7, 2026, Schlumberger Investment S.A. issued a total of $2 billion in senior unsecured notes, comprising $500 million of 4.550% notes due 2031, $500 million of 4.800% notes due 2033 and $1 billion of 5.150% notes due 2036. The notes, fully and unconditionally guaranteed by SLB Limited, were sold under an SEC-registered shelf to a syndicate of underwriters led by J.P. Morgan, HSBC Securities (USA) Inc. and Standard Chartered Bank, reinforcing SLB’s access to long-term funding and supporting its balance sheet structure.
The issuance was executed under an existing base indenture, as further supplemented on May 7, 2026, with The Bank of New York Mellon acting as trustee. By completing this offering and related documentation within its established debt program, SLB continues to streamline its capital-raising process and integrate the new securities into its broader financing framework, an important consideration for bond investors and other stakeholders.
The most recent analyst rating on (SLB) stock is a Buy with a $71.00 price target. To see the full list of analyst forecasts on Schlumberger stock, see the SLB Stock Forecast page.
Spark’s Take on SLB Stock
According to Spark, TipRanks’ AI Analyst, SLB is a Outperform.
Overall score reflects a healthy financial foundation (deleveraging and strong operating cash flow) and strong technical uptrend, partially offset by a higher valuation multiple and near-term earnings uncertainty tied to Middle East disruptions and recent margin/FCF pressure.
To see Spark’s full report on SLB stock, click here.
More about Schlumberger
Schlumberger, operating as SLB, is a leading global oilfield services and technology company that provides a broad range of services and equipment to the energy industry. Through entities such as Schlumberger Investment S.A. and SLB Limited, the group regularly accesses capital markets to fund its operations and maintain financial flexibility.
Average Trading Volume: 17,110,627
Technical Sentiment Signal: Buy
Current Market Cap: $79.64B
See more insights into SLB stock on TipRanks’ Stock Analysis page.