As of 2026, Schlumberger Limited (NYSE: SLB) has a market capitalization of approximately $85 billion and a reported net worth of $62.3 billion, reflecting recovery and growth after restructuring and market shifts in recent years.
Is SLB a Fortune 500?
Yes, SLB (Schlumberger) is a Fortune 500 company, consistently ranked among the world’s largest corporations by revenue.
In 2025, Schlumberger landed at #209 on the Fortune 500 list, pulling in $33.5 billion in annual revenue. That ranking puts it in the top tier of global industrial giants, with operations in over 120 countries and more than 90,000 employees worldwide.
How much does Schlumberger make a year?
In 2025, Schlumberger reported $33.5 billion in annual revenue, down from a peak of $36.7 billion in 2022 but up from $23.6 billion in 2020.
Those numbers make it one of the biggest revenue generators in oilfield services. Profitability varies by segment—digital services and high-margin tech offerings have been the real cash cows, keeping earnings relatively stable even when oil prices swing.
Is Schlumberger still in business?
Yes, Schlumberger is still in business and remains a leading oilfield services provider, though it has restructured its U.S. fracking operations.
Back in 2021, the company sold its U.S. fracking unit (OneStim) to Liberty Oilfield Services for $448 million. That deal let Schlumberger double down on digital oilfield solutions and international markets—areas where margins are healthier.
Is Schlumberger a good company?
Schlumberger is widely regarded as a strong employer and industry leader, with high employee retention and a focus on sustainability.
It pours over $1.1 billion annually into R&D, developing tech to squeeze more efficiency—and fewer emissions—out of oil and gas extraction. Of course, no energy giant escapes scrutiny over its environmental footprint, but SLB’s efforts here are more serious than most.
Does Schlumberger pay well?
Salaries at Schlumberger are competitive, especially in technical and managerial roles—with the top 10% of employees earning over $150,000 annually.
A Control Room Operator might pull in $80,000–$100,000 a year, while senior petroleum engineers can clear $175,000 or more. Add in bonuses, profit-sharing, and global health benefits, and it’s a solid compensation package.
Who is the CEO of Schlumberger?
Olivier Le Peuch has served as CEO since August 2019, leading the company through major strategic shifts and digital transformation.
Before taking the top job, Le Peuch spent over 30 years climbing the ranks in oilfield services. His tenure has pushed hard on automation, cloud computing, and decarbonization—moves that have reshaped the company’s direction.
Where is Schlumberger headquarters?
Schlumberger’s global headquarters is in Houston, Texas, at 5599 San Felipe St.
But Houston isn’t the only hub. The company also keeps principal offices in Paris (France), London (UK), and The Hague (Netherlands) to support its sprawling global operations.
Is Schlumberger a Fortune 100 company?
No, Schlumberger is not a Fortune 100 company—it ranks in the Fortune 200 as of 2025.
It was all the way down at #287 back in 2016. While it doesn’t crack the top 100 by revenue, it’s still a heavyweight in oilfield tech and services—just not quite in the same league as the biggest consumer brands.
What does SLB stand for?
SLB officially stands for “Schlumberger Limited”, the company’s corporate name.
On Wall Street, SLB is its ticker symbol (NYSE: SLB). You won’t see the acronym slapped on pipelines or rigs, though—it’s mostly a financial shorthand.
Who bought Schlumberger fracking?
Liberty Oilfield Services acquired Schlumberger’s U.S. fracking business (OneStim) in 2021 for $448 million.
The sale instantly made Liberty the third-largest North American hydraulic fracturing company. For Schlumberger, it was a clean break from a lower-margin business, freeing up capital for digital and international growth.
Who owns Schlumberger?
Schlumberger is a publicly traded company owned by shareholders; it is not controlled by a single individual or family.
Its shares trade on the NYSE under the ticker SLB, and institutional investors like BlackRock and Vanguard are among the biggest stakeholders. No single entity calls the shots here.
Who is the biggest oilfield service company?
Schlumberger is the largest oilfield services company in the world, followed by Baker Hughes and Halliburton.
The sector is pretty top-heavy—Weatherford International and China Oilfield Services Limited (COSL) round out the top five. The top three players control over 60% of the market, leaving scraps for everyone else.
Does Schlumberger use SAP?
Yes, Schlumberger uses SAP systems extensively for enterprise resource planning (ERP), supply chain, and human capital management.
In 2023, the company moved a big chunk of its SAP stack to Google Cloud, integrating over 200 systems to sharpen data analytics and scalability across its global network.
What is the highest paying job in the oilfield?
Petroleum geologists and drilling engineers are among the highest-paid roles in the oilfield, with salaries often exceeding $150,000 annually.
Other big earners include vessel managers, senior project engineers, and HSE (health, safety, environment) directors. Pay varies wildly by location, experience, and risk level—offshore or high-hazard gigs typically pay the most.
