Schlumberger (SLB) Projected to Post Earnings on Friday

Schlumberger (NYSE:SLB - Get Free Report) is expected to be releasing its Q2 2025 earnings data before the market opens on Friday, July 18th. Analysts expect Schlumberger to post earnings of $0.77 per share and revenue of $8.51 billion for the quarter.

Schlumberger (NYSE:SLB - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The oil and gas company reported $0.72 EPS for the quarter, missing analysts' consensus estimates of $0.73 by ($0.01). The business had revenue of $8.49 billion for the quarter, compared to analysts' expectations of $8.64 billion. Schlumberger had a net margin of 11.62% and a return on equity of 21.76%. The business's revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.75 earnings per share. On average, analysts expect Schlumberger to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Schlumberger Stock Performance

Shares of SLB traded down $1.03 on Monday, reaching $36.28. 12,684,485 shares of the company's stock traded hands, compared to its average volume of 13,891,278. The company has a current ratio of 1.24, a quick ratio of 0.93 and a debt-to-equity ratio of 0.51. The stock has a market cap of $49.34 billion, a PE ratio of 12.30, a PEG ratio of 9.93 and a beta of 1.01. The stock's 50 day simple moving average is $34.82 and its two-hundred day simple moving average is $37.62. Schlumberger has a 52-week low of $31.11 and a 52-week high of $50.94.

Schlumberger Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Wednesday, June 4th were given a dividend of $0.285 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend was Wednesday, June 4th. Schlumberger's payout ratio is 38.64%.

Insider Transactions at Schlumberger

In related news, Director La Chevardiere Patrick De sold 5,000 shares of Schlumberger stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $33.58, for a total transaction 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 trade represents a 17.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.26% of the company's stock.

Institutional Investors Weigh In On Schlumberger

An institutional investor recently bought a new position in Schlumberger stock. Bison Wealth LLC acquired a new stake in shares of Schlumberger Limited (NYSE:SLB - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,216 shares of the oil and gas company's stock, valued at approximately $238,000. Institutional investors own 81.99% of the company's stock.

Analyst Ratings Changes

A number of analysts have issued reports on SLB shares. UBS Group raised their target price on Schlumberger from $44.00 to $45.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Atb Cap Markets raised Schlumberger from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 1st. Jefferies Financial Group decreased their target price on Schlumberger from $54.00 to $53.00 and set a "buy" rating for the company in a research report on Thursday, June 26th. JPMorgan Chase & Co. decreased their target price on Schlumberger from $46.00 to $44.00 and set an "overweight" rating for the company in a research report on Monday, June 30th. Finally, Wells Fargo & Company decreased their target price on Schlumberger from $46.00 to $43.00 and set an "overweight" rating for the company in a research report on Thursday, June 5th. Three analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Schlumberger currently has an average rating of "Moderate Buy" and a consensus price target of $50.79.

Schlumberger Company Profile

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.