NYSE:SLBSchlumberger Stock Price, Forecast & News

Schlumberger's stock was trading at $17.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SLB stock has increased by 5.8% and is now trading at $18.39. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 3 sell ratings, 9 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Schlumberger.

Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Schlumberger.

Schlumberger will be holding an earnings conference call on Friday, July 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Schlumberger Limited. (NYSE:SLB) announced its earnings results on Friday, April, 17th. The oil and gas company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.01. The oil and gas company earned $7.46 billion during the quarter, compared to analysts' expectations of $7.52 billion. Schlumberger had a negative net margin of 55.19% and a positive return on equity of 7.88%. The firm's revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 earnings per share. View Schlumberger's earnings history.

Schlumberger announced a quarterly dividend on Monday, April 20th. Stockholders of record on Wednesday, June 3rd will be paid a dividend of $0.125 per share on Thursday, July 9th. This represents a $0.50 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend is Tuesday, June 2nd. View Schlumberger's dividend history.

23 analysts have issued twelve-month price targets for Schlumberger's stock. Their forecasts range from $7.00 to $42.00. On average, they anticipate Schlumberger's share price to reach $21.39 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View analysts' price targets for Schlumberger.

News articles about SLB stock have been trending extremely negative recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Schlumberger earned a coverage optimism score of -4.3 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Schlumberger.

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

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

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

Schlumberger's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.19%), Factory Mutual Insurance Co. (0.08%), Gofen & Glossberg LLC IL (0.03%), Park National Corp OH (0.02%), Rockland Trust Co. (0.02%) and Envestnet Asset Management Inc. (0.02%). Company insiders that own Schlumberger stock include Abdellah Merad, Alexander C Juden, Howard Guild, Michael E Marks, Mogharbel Khaled Al, Patrick Schorn, Peuch Olivier Le, Rajeev Sonthalia, Saul R Laureles, Simon Ayat, Simon Farrant, Stephanie Cox and Vijay Kasibhatla. View institutional ownership trends for Schlumberger.

SLB stock was sold by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Factory Mutual Insurance Co., Manning & Napier Group LLC, Envestnet Asset Management Inc., Rockland Trust Co., Jacobs & Co. CA, IFM Investors Pty Ltd, and CNB Bank. Company insiders that have sold Schlumberger company stock in the last year include Abdellah Merad, Alexander C Juden, Howard Guild, Mogharbel Khaled Al, Patrick Schorn, Saul R Laureles, Simon Farrant, and Stephanie Cox. View insider buying and selling activity for Schlumberger.

SLB stock was bought by a variety of institutional investors in the last quarter, including Anderson Hoagland & Co., DNB Asset Management AS, Everence Capital Management Inc., Exane Derivatives, Guardian Investment Management, Park National Corp OH, Canandaigua National Corp, and Clarius Group LLC. Company insiders that have bought Schlumberger stock in the last two years include Michael E Marks, Patrick Schorn, Peuch Olivier Le, Rajeev Sonthalia, and Vijay Kasibhatla. View insider buying and selling activity 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 $18.39.

Schlumberger has a market capitalization of $25.52 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.

The official website for Schlumberger is 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]