Capital One Financial Forecasts Schlumberger FY2026 Earnings

Schlumberger Limited (NYSE:SLB - Free Report) - Investment analysts at Capital One Financial issued their FY2026 earnings per share estimates for Schlumberger in a note issued to investors on Thursday, July 17th. Capital One Financial analyst D. Becker anticipates that the oil and gas company will post earnings per share of $2.92 for the year. The consensus estimate for Schlumberger's current full-year earnings is $3.38 per share.

Schlumberger (NYSE:SLB - Get Free Report) last posted its quarterly earnings results on Friday, July 18th. The oil and gas company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.01. The firm had revenue of $8.55 billion for the quarter, compared to analyst estimates of $8.51 billion. Schlumberger had a return on equity of 21.76% and a net margin of 11.62%. The business's quarterly revenue was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.85 EPS.

Several other analysts also recently issued reports on SLB. Susquehanna reduced their price target on Schlumberger from $46.00 to $44.00 and set a "positive" rating for the company in a research note on Tuesday, July 1st. Morgan Stanley dropped their price objective on Schlumberger from $50.00 to $45.00 and set an "overweight" rating for the company in a report on Friday, May 16th. Piper Sandler dropped their price objective on Schlumberger from $44.00 to $42.00 and set a "neutral" rating for the company in a report on Friday. Stifel Nicolaus lowered their price target on Schlumberger from $54.00 to $52.00 and set a "buy" rating for the company in a report on Wednesday. Finally, Wells Fargo & Company lowered their price target on Schlumberger from $46.00 to $43.00 and set an "overweight" rating for the company in a report on Thursday, June 5th. Three analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Schlumberger currently has an average rating of "Moderate Buy" and a consensus target price of $50.56.

Schlumberger Stock Performance

Shares of NYSE SLB traded down $1.08 during midday trading on Friday, hitting $33.59. 15,259,103 shares of the company's stock were exchanged, compared to its average volume of 14,221,379. The company has a quick ratio of 0.93, a current ratio of 1.24 and a debt-to-equity ratio of 0.51. Schlumberger has a 12 month low of $31.11 and a 12 month high of $50.94. The company's 50 day moving average price is $34.88 and its 200 day moving average price is $37.56. The firm has a market capitalization of $45.69 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 9.25 and a beta of 1.01.

Institutional Investors Weigh In On Schlumberger

Institutional investors and hedge funds have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd increased its stake in shares of Schlumberger by 32.2% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 71,390 shares of the oil and gas company's stock valued at $2,737,000 after buying an additional 17,405 shares during the period. Geode Capital Management LLC boosted its position in shares of Schlumberger by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 29,985,360 shares of the oil and gas company's stock valued at $1,146,195,000 after purchasing an additional 1,377,134 shares in the last quarter. Scharf Investments LLC boosted its position in shares of Schlumberger by 20.5% during the 1st quarter. Scharf Investments LLC now owns 1,653,895 shares of the oil and gas company's stock valued at $69,133,000 after purchasing an additional 281,773 shares in the last quarter. Integrated Advisors Network LLC boosted its position in shares of Schlumberger by 810.4% during the 1st quarter. Integrated Advisors Network LLC now owns 75,163 shares of the oil and gas company's stock valued at $3,142,000 after purchasing an additional 66,907 shares in the last quarter. Finally, Alan B Lancz & Associates Inc. bought a new stake in shares of Schlumberger during the 1st quarter valued at about $308,000. Institutional investors and hedge funds own 81.99% of the company's stock.

Insider Buying and Selling at Schlumberger

In other news, Director La Chevardiere Patrick De sold 5,000 shares of the stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $33.58, for a total value of $167,900.00. Following the completion of the sale, the director owned 23,525 shares of the company's stock, valued at approximately $789,969.50. This represents a 17.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.26% of the company's stock.

Schlumberger Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Wednesday, September 3rd will be paid a $0.285 dividend. This represents a $1.14 annualized dividend and a dividend yield of 3.39%. Schlumberger's payout ratio is 38.64%.

About Schlumberger

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.

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