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The latest announcement is out from Schlumberger ( (SLB) ).
SLB Limited held its 2026 Annual General Meeting of Shareholders on April 8, 2026, where investors backed all nine director nominees and gave strong support to the company’s executive pay program, with about 95.2% of votes cast in favor. Shareholders also approved the company’s 2025 financial statements and prior-year dividend declarations with 99.8% support, ratified PricewaterhouseCoopers LLP as SLB’s independent auditor for 2026 with 92.8% approval, and endorsed amendments to the 2017 Omnibus Stock Incentive Plan with 97.6% support, underscoring broad investor confidence in SLB’s governance, financial reporting, and long-term incentive framework.
The decisive votes across all agenda items signal continued alignment between SLB’s board and its shareholders on strategy, compensation, and oversight of financial controls. The overwhelming approvals may strengthen the company’s corporate governance standing and provide management with a stable mandate to execute its operational and capital allocation plans in the coming year.
The most recent analyst rating on (SLB) stock is a Buy with a $60.00 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 Neutral.
The score is driven primarily by above-average financial quality (lower leverage and strong cash generation) and a generally constructive earnings outlook tied to ChampionX/synergies and continued shareholder returns. These positives are tempered by weaker near-term technical momentum and a fresh operational disruption that pressures Q1 results, while valuation remains reasonable but not notably cheap.
To see Spark’s full report on SLB stock, click here.
More about Schlumberger
SLB Limited, formerly Schlumberger, is a Curaçao-incorporated global energy technology and oilfield services company that provides drilling, reservoir characterization, production, and digital solutions to the oil and gas industry. The company serves international integrated oil companies, national oil companies, and independent operators across major hydrocarbon-producing regions worldwide.
Average Trading Volume: 20,227,730
Technical Sentiment Signal: Buy
Current Market Cap: $75.29B
For detailed information about SLB stock, go to TipRanks’ Stock Analysis page.