NYSE:SLB - Schlumberger Stock Price, Forecast & News

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

Schlumberger declared a quarterly dividend on Friday, January 17th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.50 per share on Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 5.99%. The ex-dividend date of this dividend is Tuesday, February 11th. View Schlumberger's Dividend History.

Schlumberger Limited. (NYSE:SLB) issued its earnings results on Friday, January, 17th. The oil and gas company reported $0.39 earnings per share (EPS) for the quarter, beating the Zacks' 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 business's revenue for the quarter was up .6% on a year-over-year basis. During the same period last year, the business posted $0.36 EPS. 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 Wall Street analysts have issued 1-year price targets for Schlumberger's stock. 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 27.9% 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 coverage about SLB stock has been trending somewhat negative this week, according to InfoTrie. The research group identifies positive and negative news 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 media sentiment score of -1.0 on InfoTrie's scale. They also gave media 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), 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), Halliburton (HAL), AT&T (T), Walt Disney (DIS), Exxon Mobil (XOM), Noble Energy (NBL), General Electric (GE), JPMorgan Chase & Co. (JPM) and Gilead Sciences (GILD).

Schlumberger's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (4.86%), Capital International Investors (4.26%), Franklin Resources Inc. (2.27%), First Eagle Investment Management LLC (2.20%), Bank of New York Mellon Corp (2.18%) and Capital Research Global Investors (1.73%). 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, Rajeev Sonthalia, 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, Barrow Hanley Mewhinney & Strauss LLC, Standard Life Aberdeen plc, Marshall Wace North America L.P., Pzena Investment Management LLC, Bank of Montreal Can, Alyeska Investment Group L.P. and Mairs & Power INC. 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 acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Capital Research Global Investors, Capital World Investors, Loomis Sayles & Co. L P, Alleghany Corp DE, Bank of New York Mellon Corp, Exor Investments UK LLP and First Eagle Investment Management LLC. Company insiders that have bought Schlumberger stock in the last two years include Michael E Marks, Mogharbel Khaled Al, Paal Kibsgaard, Patrick Schorn and Rajeev Sonthalia. 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 $33.39.

Schlumberger has a market capitalization of $46.23 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]