Schlumberger (SLB) Stock Forecast, Price & News

Schlumberger (NYSE:SLB) Frequently Asked Questions

Is Schlumberger a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last twelve months. There are currently 1 hold rating, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Schlumberger stock.
View analyst ratings for Schlumberger or view top-rated stocks.

When is Schlumberger's next earnings date?

Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
View our earnings forecast for Schlumberger.

How were Schlumberger's earnings last quarter?

Schlumberger Limited (NYSE:SLB) posted its earnings results on Friday, April, 22nd. The oil and gas company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. The oil and gas company had revenue of $5.96 billion for the quarter, compared to the consensus estimate of $5.90 billion. Schlumberger had a net margin of 8.84% and a trailing twelve-month return on equity of 14.02%. The company's quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.21 earnings per share.
View Schlumberger's earnings history.

How often does Schlumberger pay dividends? What is the dividend yield for Schlumberger?

Schlumberger announced a quarterly dividend on Monday, April 25th. Stockholders of record on Wednesday, June 1st will be paid a dividend of $0.175 per share on Thursday, July 14th. This represents a $0.70 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Tuesday, May 31st. This is an increase from Schlumberger's previous quarterly dividend of $0.13.
View Schlumberger's dividend history.

Is Schlumberger a good dividend stock?

Schlumberger pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.22%. Schlumberger does not yet have a strong track record of dividend growth. The dividend payout ratio of Schlumberger is 34.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Schlumberger will have a dividend payout ratio of 19.01% next year. This indicates that Schlumberger will be able to sustain or increase its dividend.
View Schlumberger's dividend history.

What price target have analysts set for SLB?

17 analysts have issued twelve-month price objectives for Schlumberger's shares. Their forecasts range from $42.00 to $55.00. On average, they expect Schlumberger's stock price to reach $46.64 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts' price targets for Schlumberger or view top-rated stocks among Wall Street analysts.

Who are Schlumberger's key executives?

Schlumberger's management team includes the following people:

• Mr. Olivier Le Peuch, CEO & Director (Age 58, Pay $5.49M)
• Mr. Stephane Biguet, Exec. VP & CFO (Age 53, Pay $2.36M)
• Mr. Ashok Belani, Sr. Strategic Advisor (Age 63, Pay $2.63M) (LinkedIn Profile)
• Mr. Khaled Al Mogharbel, Exec. VP of Geographies (Age 51, Pay $2.86M)
• Mr. Howard Guild, Chief Accounting Officer (Age 50) (LinkedIn Profile)
• Mr. Demosthenis Pafitis, Chief Technology Officer (Age 54)
• Mr. Sebastien Lehnherr, Chief Information Officer
• Mr. Ndubuisi D. Maduemezia, VP of Investor Relations
• Ms. Dianne B. Ralston, Chief Legal Officer & Sec. (Age 55) (LinkedIn Profile)
• Giles Powell, Director of Corp. Communication

What is Olivier Le Peuch's approval rating as Schlumberger's CEO?

522 employees have rated Schlumberger CEO Olivier Le Peuch on Glassdoor.com. Olivier Le Peuch has an approval rating of 81% among Schlumberger's employees.

Who are some of Schlumberger's key competitors?

Some companies that are related to Schlumberger include Halliburton (HAL), NOV (NOV), TechnipFMC (FTI), RPC (RES), Oceaneering International (OII), Tidewater (TDW), Dril-Quip (DRQ), Helix Energy Solutions Group (HLX), TETRA Technologies (TTI), Oil States International (OIS), Newpark Resources (NR), Natural Gas Services Group (NGS), Matrix Service (MTRX), Forum Energy Technologies (FET) and Geospace Technologies (GEOS).
View all of SLB's competitors.

What other stocks do shareholders of Schlumberger own?

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

What is Schlumberger's stock symbol?

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

Who are Schlumberger's major shareholders?

Schlumberger's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.59%), State Street Corp (6.48%), GQG Partners LLC (1.98%), First Eagle Investment Management LLC (1.86%), Wellington Management Group LLP (1.71%) and Boston Partners (1.65%). Company insiders that own Schlumberger stock include Abdellah Merad, Ashok Belani, Claudia Jaramillo, Dianne B Ralston, Hinda Gharbi, Howard Guild, Kevin Fyfe, Limited/Nv Schlumberger, Mark G Papa, Mogharbel Khaled Al, Peuch Olivier Le, Pierre Chereque, Saul R Laureles and Vijay Kasibhatla.
View institutional ownership trends for Schlumberger.

Which institutional investors are selling Schlumberger stock?

SLB stock was sold by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Harding Loevner LP, UBS Group AG, Exor Capital LLP, Group One Trading L.P., Natixis Advisors L.P., Kiltearn Partners LLP, and Invesco Ltd.. Company insiders that have sold Schlumberger company stock in the last year include Claudia Jaramillo, Dianne B Ralston, Howard Guild, Kevin Fyfe, Limited/Nv Schlumberger, Mogharbel Khaled Al, Pierre Chereque, and Vijay Kasibhatla.
View insider buying and selling activity for Schlumberger or view top insider-selling stocks.

Which institutional investors are buying Schlumberger stock?

SLB stock was purchased by a variety of institutional investors in the last quarter, including GQG Partners LLC, Jennison Associates LLC, Wellington Management Group LLP, Carmignac Gestion, Bank of Nova Scotia, 1832 Asset Management L.P., HS Management Partners LLC, and Van ECK Associates Corp. Company insiders that have bought Schlumberger stock in the last two years include Mark G Papa, and Peuch Olivier Le.
View insider buying and selling activity for Schlumberger or or view top insider-buying stocks.

How do I buy shares of Schlumberger?

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

One share of SLB stock can currently be purchased for approximately $43.80.

How much money does Schlumberger make?

Schlumberger has a market capitalization of $61.91 billion and generates $22.93 billion in revenue each year. The oil and gas company earns $1.88 billion in net income (profit) each year or $1.47 on an earnings per share basis.

How many employees does Schlumberger have?

Schlumberger employs 92,000 workers across the globe.

Does Schlumberger have any subsidiaries?

The following companies are subsidiares of Schlumberger: Asset Development & Improvement Ltd., CJSC Tyumenpromgeofizika, Cameron, Cameron International Corporation, Cameron Lux I SARL, Convergent Group, Diamould, Dowell Schlumberger Corporation, Eastern Echo Holding, Eurasia Drilling, Extreme Engineering, Fluid Inclusion Technologies, GEDCO, GeoKnowledge AS, Geoservices, Geosystem Srl, Geothermex, Gushor, IES Integrated Exploration Systems, IGEOSS, InnerLogix, Insensys Oil & Gas, KBB Underground Technologies GmbH, M-I SWACO, Merak Projects, Meta Downhole, Nexus Geosciences, Novatek, Odegaard, Omron Oilfield and Marine, OneSubsea SARL, Operational Services, Panther Software, Peak Well Systems, PetroAlliance Services, Reslink, Rock Deformation Research, SPT Group, Saltel Industries, Saxon Energy Services, Schlumberger B.V., Schlumberger Canada Limited, Schlumberger Holdings Corporation, Schlumberger Holdings II Limited, Schlumberger Logelco Inc., Schlumberger Middle East SA., Schlumberger Norge AS, Schlumberger Offshore Services Limited, Schlumberger Oilfield Eastern Ltd., Schlumberger Oilfield Holdings Limited, Schlumberger Oilfield UK Plc, Schlumberger Overseas SA, Schlumberger Plc, Schlumberger SA, Schlumberger Seaco Inc., Schlumberger Technology Corporation, Schlumberger UK Limited, Sema Plc, Sensa, Services Petroliers Schlumberger, Shores Lift Solutions, Smith International, Smith International Inc., Staag Imaging, T&T Engineering Services, Techsia, TerraTek, ThruBit, V.i.P.S, VoxelVision, and Water Management Consultants.

When was Schlumberger founded?

Schlumberger was founded in 1926.

What is Schlumberger's official website?

The official website for Schlumberger is www.slb.com.

How can I contact Schlumberger?

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, via email at [email protected], or via fax at 713-513-3500.