Schlumberger NV (SLB)
Schlumberger NV is a leading global oilfield services company, renowned for its cutting-edge technology and comprehensive solutions that span the entire oil and gas industry. With principal executive offices in Paris, Houston, London, and The Hague, Schlumberger operates in over 120 countries, providing services in areas such as exploration, drilling, and production. The company is committed to enhancing the efficiency and sustainability of energy resources, leveraging advanced digital solutions, and maintaining strong relationships with its clients. As the industry continues to evolve, Schlumberger remains at the forefront, driving innovation and operational excellence in a competitive landscape.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 21.21% per annum.
- SLB price at the close of October 29, 2025 was $36.83 and was higher than the top border of the primary price channel by $0.76 (2.12%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 4.99% per annum.
- SLB price at the close of October 29, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of SLB price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 11, 2023
End date: October 22, 2025
a = 4.6716
b = -0.0007
s = 0.0529
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -21.21%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0529) – 1
= 23.55%
July 11, 2023 calculations
Top border of price channel:
Exp(Y675)
= Exp(a + b × X675 + 2 × s)
= Exp(a + b × 984 + 2 × s)
= Exp(4.6716 + -0.0007 × 984 + 2 × 0.0529)
= Exp(4.1346)
= $62.47
Bottom border of price channel:
Exp(Y675)
= Exp(a + b × X675 – 2 × s)
= Exp(a + b × 984 – 2 × s)
= Exp(4.6716 + -0.0007 × 984 – 2 × 0.0529)
= Exp(3.9232)
= $50.56
October 22, 2025 calculations
Top border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 + 2 × s)
= Exp(a + b × 1,818 + 2 × s)
= Exp(4.6716 + -0.0007 × 1,818 + 2 × 0.0529)
= Exp(3.5899)
= $36.23
Bottom border of price channel:
Exp(Y1,249)
= Exp(a + b × X1,249 – 2 × s)
= Exp(a + b × 1,818 – 2 × s)
= Exp(4.6716 + -0.0007 × 1,818 – 2 × 0.0529)
= Exp(3.3784)
= $29.33
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 21.21% per annum.
- SLB price at the close of October 29, 2025 was $36.83 and was higher than the top border of the primary price channel by $0.76 (2.12%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 4, 2025
End date: October 29, 2025
a = 3.3028
b = 0.0001
s = 0.0354
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 4.99%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0354) – 1
= 15.19%
April 4, 2025 calculations
Top border of price channel:
Exp(Y1,111)
= Exp(a + b × X1,111 + 2 × s)
= Exp(a + b × 1,617 + 2 × s)
= Exp(3.3028 + 0.0001 × 1,617 + 2 × 0.0354)
= Exp(3.5893)
= $36.21
Bottom border of price channel:
Exp(Y1,111)
= Exp(a + b × X1,111 – 2 × s)
= Exp(a + b × 1,617 – 2 × s)
= Exp(3.3028 + 0.0001 × 1,617 – 2 × 0.0354)
= Exp(3.4479)
= $31.43
October 29, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.3028 + 0.0001 × 1,825 + 2 × 0.0354)
= Exp(3.6171)
= $37.23
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.3028 + 0.0001 × 1,825 – 2 × 0.0354)
= Exp(3.4756)
= $32.32
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 4.99% per annum.
- SLB price at the close of October 29, 2025 was inside the secondary price channel.