Schlumberger Research and Development Expenses 2010-2024 | SLB

Schlumberger annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Schlumberger research and development expenses for the quarter ending September 30, 2024 were $0.187B, a 0.54% increase year-over-year.
  • Schlumberger research and development expenses for the twelve months ending September 30, 2024 were $745M, a 6.13% increase year-over-year.
  • Schlumberger annual research and development expenses for 2023 were $0.711B, a 12.15% increase from 2022.
  • Schlumberger annual research and development expenses for 2022 were $0.634B, a 14.44% increase from 2021.
  • Schlumberger annual research and development expenses for 2021 were $0.554B, a 4.48% decline from 2020.
Schlumberger Annual Research and Development Expenses
(Millions of US $)
2023 $711
2022 $634
2021 $554
2020 $580
2019 $717
2018 $702
2017 $787
2016 $1,012
2015 $1,094
2014 $1,217
2013 $1,174
2012 $1,153
2011 $1,061
2010 $919
2009 $802
Schlumberger Quarterly Research and Development Expenses
(Millions of US $)
2024-09-30 $187
2024-06-30 $188
2024-03-31 $182
2023-12-31 $188
2023-09-30 $186
2023-06-30 $163
2023-03-31 $174
2022-12-31 $179
2022-09-30 $160
2022-06-30 $154
2022-03-31 $141
2021-12-31 $145
2021-09-30 $140
2021-06-30 $134
2021-03-31 $135
2020-12-31 $128
2020-09-30 $137
2020-06-30 $142
2020-03-31 $173
2019-12-31 $189
2019-09-30 $176
2019-06-30 $179
2019-03-31 $173
2018-12-31 $178
2018-09-30 $177
2018-06-30 $175
2018-03-31 $172
2017-12-31 $191
2017-09-30 $189
2017-06-30 $196
2017-03-31 $211
2016-12-31 $262
2016-09-30 $253
2016-06-30 $257
2016-03-31 $240
2015-12-31 $275
2015-09-30 $273
2015-06-30 $279
2015-03-31 $267
2014-12-31 $323
2014-09-30 $301
2014-06-30 $309
2014-03-31 $284
2013-12-31 $303
2013-09-30 $286
2013-06-30 $293
2013-03-31 $292
2012-12-31 $300
2012-09-30 $291
2012-06-30 $287
2012-03-31 $275
2011-12-31 $260
2011-09-30 $266
2011-06-30 $281
2011-03-31 $254
2010-12-31 $256
2010-09-30 $240
2010-06-30 $216
2010-03-31 $207
2009-12-31 $217
2009-09-30 $198
2009-06-30 $197
2009-03-31 $190
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - Field Services $62.601B $33.135B
Schlumberger Limited is a leading oilfield services company, providing services to the oil and gas explorers, and producers across the world. Through oilfield services contracts, Schlumberger helps the upstream energy players to locate oil and gas and to drill and evaluate hydrocarbon wells. The company also supports the explorers to construct oil and gas wells and produce optimum volumes of the commodities from the existing wells. Overall, with operations across the world, the company provides the most comprehensive range of oilfield services and products to the explorers and producers of hydrocarbons. Notably, with presence in almost all the key oilfield services markets across the globe, Schlumberger conducts its business through four segments - Digital & Integration, Reservoir Performance, Well Construction and Production Systems.
Stock Name Country Market Cap PE Ratio
Baker Hughes (BKR) United States $43.213B 20.03
Halliburton (HAL) United States $26.522B 9.58
TechnipFMC (FTI) United Kingdom $12.401B 20.39
Kinetik Holdings (KNTK) United States $8.845B 20.72
Weatherford (WFRD) United States $6.499B 12.56
Subsea 7 SA (SUBCY) Luxembourg $4.793B 46.65
Archrock (AROC) United States $4.092B 24.22
Liberty Energy (LBRT) United States $2.937B 8.64
Oceaneering (OII) United States $2.860B 29.17
Helix Energy Solutions (HLX) United States $1.618B 24.74
RPC (RES) United States $1.290B 10.71
Core Laboratories (CLB) United States $0.984B 25.86
ProPetro Holding (PUMP) United States $0.827B 73.00
Newpark Resources (NR) United States $0.642B 28.58
Tetra Technologies (TTI) United States $0.502B 21.17
Ranger Energy Services (RNGR) United States $0.340B 23.18
Flotek Industries (FTK) United States $0.222B 28.65
Mammoth Energy Services (TUSK) United States $0.167B 0.00
VICTORY OILFIELD TECH, INC (VYEY) United States $0.159B 0.00
Drilling Tools (DTI) United States $0.121B 7.00
Smart Sand (SND) United States $0.113B 0.00
KLX Energy Services Holdings (KLXE) United States $0.101B 0.00
Petrofac (POFCY) United Kingdom $0.068B 0.00
Western Energy Services (WEEEF) Canada $0.067B 0.00
NCS Multistage Holdings (NCSM) United States $0.058B 21.22
Dawson Geophysical (DWSN) United States $0.055B 0.00
Nine Energy Service (NINE) United States $0.050B 0.00