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, January 17th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.50 per share on Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.89%. The ex-dividend date of this dividend is Tuesday, February 11th. View Schlumberger's Dividend History.

Schlumberger Limited. (NYSE:SLB) released its quarterly earnings data on Friday, January, 17th. The oil and gas company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.02. The oil and gas company earned $8.23 billion during the quarter, compared to analyst estimates of $8.16 billion. Schlumberger had a negative net margin of 30.80% and a positive return on equity of 6.77%. The firm's quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.36 earnings per share. View Schlumberger's Earnings History.

Schlumberger is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Schlumberger.

22 brokers have issued twelve-month price objectives for Schlumberger's shares. Their forecasts range from $27.10 to $55.00. On average, they anticipate Schlumberger's share price to reach $42.71 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price. View Analyst Price Targets for Schlumberger.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 2 sell ratings, 6 hold ratings and 14 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 this week, InfoTrie reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Schlumberger earned a news impact score of 0.8 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock'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), Oceaneering International (OII), Helix Energy Solutions Group (HLX), RPC (RES), Seacor (CKH), Oil States International (OIS), Tidewater (TDW), Matrix Service (MTRX), Newpark Resources (NR), Era Group (ERA), Geospace Technologies (GEOS) and TETRA Technologies (TTI).

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

Schlumberger's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.24%), Manning & Napier Group LLC (0.22%), Exor Investments UK LLP (0.18%), Bristol John W & Co. Inc. NY (0.09%), Tocqueville Asset Management L.P. (0.08%) and Strs Ohio (0.06%). 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 Commerzbank Aktiengesellschaft FI, Manning & Napier Group LLC, Calamos Advisors LLC, Tocqueville Asset Management L.P., Ferguson Wellman Capital Management Inc., Bristol John W & Co. Inc. NY, Keating Investment Counselors Inc. and Bright Rock Capital 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, 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 Exor Investments UK LLP, Atalanta Sosnoff Capital LLC, Douglas Lane & Associates LLC, Janney Montgomery Scott LLC, Marketfield Asset Management LLC, WealthBridge Investment Counsel Inc., California Public Employees Retirement System and Tillar Wenstrup Advisors LLC. 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 $33.96.

Schlumberger has a market capitalization of $47.02 billion and generates $32.92 billion in revenue each year. The oil and gas company earns $-10,137,000,000.00 in net income (profit) each year or $1.47 on an earnings per share basis. Schlumberger employs 105,000 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 [email protected]