Schlumberger (NYSE:SLB - Get Free Report) will likely 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 announced its quarterly earnings results on Friday, April 25th. The oil and gas company reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by ($0.01). The firm had revenue of $8.49 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $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 Trading Up 1.9%
Shares of NYSE:SLB traded up $0.70 during mid-day trading on Friday, reaching $37.35. The stock had a trading volume of 11,333,547 shares, compared to its average volume of 13,836,484. The firm has a market cap of $50.80 billion, a PE ratio of 12.66, a price-to-earnings-growth ratio of 9.58 and a beta of 1.01. The firm has a 50 day simple moving average of $34.72 and a two-hundred day simple moving average of $37.64. The company has a current ratio of 1.24, a quick ratio of 0.93 and a debt-to-equity ratio of 0.51. Schlumberger has a twelve month low of $31.11 and a twelve month high of $50.94.
Schlumberger Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Wednesday, June 4th were given a $0.285 dividend. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.05%. Schlumberger's dividend payout ratio is 38.64%.
Insiders Place Their Bets
In other Schlumberger news, Director La Chevardiere Patrick De sold 5,000 shares of the 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 transaction, the director owned 23,525 shares in the company, valued at $789,969.50. This trade represents a 17.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.26% of the stock is owned by insiders.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Schlumberger stock. Bison Wealth LLC purchased a new position in Schlumberger Limited (NYSE:SLB - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,216 shares of the oil and gas company's stock, valued at approximately $238,000. 81.99% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. Susquehanna lowered their target price on Schlumberger from $46.00 to $44.00 and set a "positive" rating for the company in a research note on Tuesday, July 1st. Piper Sandler decreased their price target on shares of Schlumberger from $46.00 to $44.00 and set a "neutral" rating for the company in a research note on Tuesday, April 29th. Barclays decreased their price target on shares of Schlumberger from $48.00 to $47.00 and set an "overweight" rating for the company in a research note on Thursday. Jefferies Financial Group decreased their price target on shares of Schlumberger from $54.00 to $53.00 and set a "buy" rating for the company in a research note on Thursday, June 26th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Schlumberger from $46.00 to $44.00 and set an "overweight" rating for the company in a research note on Monday, June 30th. Three investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $50.79.
Get Our Latest Analysis on Schlumberger
About Schlumberger
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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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