Is Schlumberger (SLB) a Good Dividend Stock to Buy Now?

Schlumberger Limited (NYSE:SLB) is included among the 15 Best Natural Gas and Oil Dividend Stock to Buy Now.

Schlumberger Limited (NYSE:SLB) completed the acquisition of ChampionX Corporation in July, bringing in the latter’s $850 million in revenue and $190 million in adjusted EBITDA. The deal is expected to deliver $400 million in annual pre-tax synergies within three years of closing through revenue growth and cost savings. Following the integration of ChampionX, Schlumberger expects second-half 2025 revenue to be between $18.2 billion and $18.8 billion.

Schlumberger Limited (NYSE:SLB) announced a quarterly cash dividend of $0.285 per share in July and boasts an annual dividend yield of 3.32% as of the writing of this piece. The company aims to distribute $4 billion through dividends and share repurchases this year, staying true to its commitment of returning more than 50% of its free cash flow to shareholders.

First Eagle Investments stated the following about Schlumberger Limited (NYSE:SLB) in its Q2 2025 investment letter:

“Schlumberger Limited (NYSE:SLB) is the world’s largest oilfield service company. In addition to commodity price weakness during the quarter, share performance was dampened by concerns that tariffs and trade uncertainty could negatively impact oilfield service providers. While rig counts and drilling activity have declined this year, the majority of the slowdown has been in North America. In contrast, OPEC+ has increased production, which should benefit SLB given that it derives approximately 80% of its revenue from international and offshore markets.”

Schlumberger Limited (NYSE:SLB) is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the global energy industry.

While we acknowledge the potential of SLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.