Schlumberger Ltd
SLBCompany Overview
Schlumberger NV engages in the provision of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. It operates through the following business segments: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. The Digital and Integration segment combines the company’s digital solutions and data products with its Asset Performance Solutions (APS). The Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. The Well Construction segment includes the full portfolio of products and services to optimize well placement and performance, maximize drilling efficiency, and improve wellbore assurance. The Production Systems segment develops technologies and provides expertise that enhance production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Name | Schlumberger Ltd |
| Ticker | SLB |
| Main Business | Oil & Gas Equipment & Services |
| Type | Common Stock |
| Industry | Oil & Gas Equipment & Services |
| Country | US |
| Market Cap | $73.38 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Well Construction | $11,400.0 | $0.0 | - |
| Production Systems | $7,860.0 | $0.0 | - |
| Reservoir Performance | $5,550.0 | $0.0 | - |
| Digital & Integration | $3,730.0 | $0.0 | - |
| Eliminations & other | $-446.0 | $0.0 | - |
| Interest income | $610.0 | $610.0 | - |
| Total | $28,704.0 | $610.0 | 2.08% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $1,120,000,000.0 | 1.53% |
| long term debt and capital lease obligation | $10,840,000,000.0 | 14.77% |
| Total Interest-Bearing Debt | $11,960,000,000.0 | 16.30% |
| Market Capitalization | $73,376,400,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |