Schlumberger Stock Price, News & Analysis (NYSE:SLB)

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

Schlumberger declared a quarterly dividend on Friday, July 19th. Shareholders of record on Wednesday, September 4th will be given a dividend of $0.50 per share on Friday, October 11th. This represents a $2.00 annualized dividend and a yield of 5.36%. The ex-dividend date of this dividend is Tuesday, September 3rd. View Schlumberger's Dividend History.

Schlumberger Limited. (NYSE:SLB) announced its quarterly earnings results on Friday, July, 19th. The oil and gas company reported $0.35 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.35. The oil and gas company had revenue of $8.27 billion for the quarter, compared to the consensus estimate of $8.11 billion. Schlumberger had a return on equity of 5.62% and a net margin of 6.38%. The business's quarterly revenue was down .4% on a year-over-year basis. During the same period in the previous year, the business earned $0.43 EPS. View Schlumberger's Earnings History.

Schlumberger is scheduled to release their next quarterly earnings announcement on Friday, October 18th 2019. View Earnings Estimates for Schlumberger.

Schlumberger will be holding an earnings conference call on Friday, October 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

23 equities research analysts have issued 1-year price targets for Schlumberger's shares. Their predictions range from $34.00 to $75.00. On average, they anticipate Schlumberger's stock price to reach $51.1053 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View Analyst Price Targets for Schlumberger.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 1 sell rating, 7 hold ratings and 15 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 on Sunday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Schlumberger earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned media headlines 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 effect on the stock's share price in the next several days. View News Stories for Schlumberger.

Schlumberger saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 24,469,500 shares, a decrease of 7.4% from the July 31st total of 26,419,800 shares. Based on an average trading volume of 10,300,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.8% of the company's stock are sold short. View Schlumberger's Current Options Chain.

Some companies that are related to Schlumberger include Gazprom Neft' PAO (GDR) (GZPFY), Halliburton (HAL), Subsea 7 (SUBCY), Core Laboratories (CLB), Oceaneering International (OII), SemGroup (SEMG), Liberty Oilfield Services (LBRT), Helix Energy Solutions Group (HLX), RPC (RES), Hurricane Energy (HRCXF), Franks International (FI), Propetro (PUMP), Select Energy Services (WTTR), C&J Energy Services (CJ) and Keane Group (FRAC).

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

Schlumberger's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.15%), BlackRock Inc. (6.50%), BlackRock Inc. (6.50%), Bank of New York Mellon Corp (1.95%), Barrow Hanley Mewhinney & Strauss LLC (1.37%) and Northern Trust Corp (1.27%). 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, Simon Ayat, Stephanie Cox and Tore I Sandvold. View Institutional Ownership Trends for Schlumberger.

SLB stock was sold by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Quest Capital Management Inc. ADV, Cibc World Markets Corp, Waverton Investment Management Ltd, Prudential Financial Inc., Russell Investments Group Ltd., United Services Automobile Association and Balyasny Asset Management LLC. Company insiders that have sold Schlumberger company stock in the last year include Alexander C Juden, Patrick Schorn, Peuch Olivier Le, Simon Ayat 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 Nuveen Asset Management LLC, Invesco Ltd., Mackenzie Financial Corp, BlackRock Inc., BlackRock Inc., Vanguard Group Inc., Smead Capital Management Inc. and Fisher Asset Management 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 $37.30.

Schlumberger has a market capitalization of $51.59 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 [email protected]