NYSE:SLB - Schlumberger Stock Price, Forecast & News

Schlumberger trades on the New York Stock Exchange (NYSE) under the ticker symbol "SLB."

Schlumberger announced a quarterly dividend on Friday, October 18th. Shareholders of record on Wednesday, December 4th will be given a dividend of $0.50 per share on Friday, January 10th. This represents a $2.00 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date is Tuesday, December 3rd. View Schlumberger's Dividend History.

Schlumberger Limited. (NYSE:SLB) issued its quarterly earnings results on Friday, October, 18th. The oil and gas company reported $0.43 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.03. The oil and gas company had revenue of $8.54 billion for the quarter, compared to analysts' expectations of $8.50 billion. Schlumberger had a positive return on equity of 6.00% and a negative net margin of 30.22%. The company's quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 earnings per share. View Schlumberger's Earnings History.

Schlumberger is scheduled to release their next quarterly earnings announcement on Friday, January 17th 2020. View Earnings Estimates for Schlumberger.

Schlumberger will be holding an earnings conference call on Friday, January 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

20 equities research analysts have issued 12 month price targets for Schlumberger's shares. Their forecasts range from $34.00 to $55.00. On average, they expect Schlumberger's share price to reach $44.94 in the next year. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for Schlumberger.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 5 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Schlumberger.

Media stories about SLB stock have been trending somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Schlumberger earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Schlumberger.

Some companies that are related to Schlumberger include Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Helix Energy Solutions Group (HLX), Oceaneering International (OII), Oil States International (OIS), RPC (RES), Seacor (CKH), Tidewater (TDW), Matrix Service (MTRX), Newpark Resources (NR), Geospace Technologies (GEOS), Era Group (ERA) and TETRA Technologies (TTI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Schlumberger investors own include Halliburton (HAL), Cisco Systems (CSCO), AT&T (T), Intel (INTC), Noble Energy (NBL), Walt Disney (DIS), General Electric (GE), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM) and Bank of America (BAC).

Schlumberger's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.84%), Massachusetts Financial Services Co. MA (1.97%), Fisher Asset Management LLC (0.89%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Manning & Napier Group LLC (0.24%) and California Public Employees Retirement System (0.23%). Company insiders that own Schlumberger stock include Alexander C Juden, Claudia Jaramillo, Howard Guild, Michael E Marks, Mogharbel Khaled Al, Paal Kibsgaard, Patrick Schorn, Peuch Olivier Le, Saul R Laureles, Simon Ayat, Simon Farrant and Stephanie Cox. View Institutional Ownership Trends for Schlumberger.

SLB stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, State Street Corp, Alberta Investment Management Corp, Birch Hill Investment Advisors LLC, AMF Pensionsforsakring AB, Russell Investments Group Ltd., Venturi Wealth Management LLC and Confluence Investment Management LLC. Company insiders that have sold Schlumberger company stock in the last year include Alexander C Juden, Howard Guild, Mogharbel Khaled Al, Patrick Schorn, Peuch Olivier Le, Saul R Laureles, Simon Ayat, Simon Farrant and Stephanie Cox. View Insider Buying and Selling for Schlumberger.

SLB stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Fisher Asset Management LLC, Voya Investment Management LLC, Great West Life Assurance Co. Can, Commerzbank Aktiengesellschaft FI, Pwmco LLC and ST Germain D J Co. Inc.. Company insiders that have bought Schlumberger stock in the last two years include Michael E Marks, Mogharbel Khaled Al, Paal Kibsgaard and Patrick Schorn. View Insider Buying and Selling for Schlumberger.

Shares of SLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SLB stock can currently be purchased for approximately $37.16.

Schlumberger has a market capitalization of $51.44 billion and generates $32.82 billion in revenue each year. The oil and gas company earns $2.14 billion in net income (profit) each year or $1.62 on an earnings per share basis. Schlumberger employs 100,000 workers across the globe.View Additional Information About Schlumberger.

The official website for Schlumberger is http://www.slb.com/.

Schlumberger's mailing address is PARKSTRAAT 83, THE HAGUE P7, 77056. The oil and gas company can be reached via phone at 713-513-2000 or via email at http://investorcenter.slb.com.