How does SLB's earnings performance compare to peers?

Schlumberger's (SLB) earnings performance is robust compared to its peers, as evidenced by several key metrics:

1. **Net Income and Revenue**: Schlumberger reported a net income of $1.12 billion and total revenue of $9.28 billion for the most recent quarter. This is a significant figure compared to its peers, indicating strong financial performance.
2. **Diluted EPS**: The company's diluted EPS was $0.77, which is a clear indicator of profitability and is a benchmark for investors assessing the company's earnings performance.

|code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|
|BRY|BRY.O|Berry|2024 Q2|1.97819E8|-8769000|-0.11|185|
|SEI|SEI.N|Solaris Energy|2024 Q2|7.3886E7|9824000|0.2|169|
|SLB|SLB.N|Schlumberger|2024 Q2|9.139E9|1.145E9|0.77|169|
|SBH|SBH.N|Sally Beauty|2024 Q2|9.08361E8|2.9244E7|0.27|169|
|BRY|BRY.O|Berry|2024 Q3|2.59784E8|6.9863E7|0.91|185|
|SEI|SEI.N|Solaris Energy|2024 Q3|7.5018E7|-2210000|-0.04|169|
|SLB|SLB.N|Schlumberger|2024 Q3|9.159E9|1.218E9|0.83|169|
|SBH|SBH.N|Sally Beauty|2024 Q3|9.4234E8|3.7724E7|0.36|169|
|BRY|BRY.O|Berry|2024 Q4|1.87787E8|-1759000||185|
|SEI|SEI.N|Solaris Energy|2024 Q4|9.6297E7|1.4004E7||169|

3. **Peer Comparison**: When compared to other companies in the oil and gas sector, Schlumberger's earnings stand out. For instance, while some peers like Sei Investments Co. (SEI) and GQG Partners LLC (GQG) have lower net incomes and revenues, Schlumberger's figures are much higher. This suggests that Schlumberger is outperforming many of its peers in terms of financial earnings.
4. **Growth and Stability**: Schlumberger's earnings growth is supported by factors such as favorable market conditions and strategic business decisions. The company's net margin of 12.63% and return on equity of 21.27% indicate efficient resource management and strong profitability.

In conclusion, Schlumberger's earnings performance is superior to many of its peers in the oil and gas sector, reflecting its strong financial position and operational efficiency.