Schlumberger Stock Forecast, Price & News

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Schlumberger stock.
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Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, July 23rd 2021.
View our earnings forecast for Schlumberger.

Schlumberger Limited (NYSE:SLB) announced its quarterly earnings results on Thursday, April, 22nd. The oil and gas company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.02. The oil and gas company had revenue of $5.22 billion for the quarter, compared to the consensus estimate of $5.09 billion. Schlumberger had a negative net margin of 40.15% and a positive trailing twelve-month return on equity of 7.34%. Schlumberger's revenue for the quarter was down 29.9% on a year-over-year basis. During the same period last year, the company earned $0.25 EPS.
View Schlumberger's earnings history.

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 (WHO). Since then, SLB shares have increased by 82.7% and is now trading at $31.76.
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Schlumberger announced a quarterly dividend on Thursday, April 22nd. Investors of record on Wednesday, June 2nd will be given a dividend of $0.125 per share on Thursday, July 8th. This represents a $0.50 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Tuesday, June 1st.
View Schlumberger's dividend history.

Schlumberger pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.56%. Schlumberger does not yet have a strock 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 62.50% next year. This indicates that Schlumberger will be able to sustain or increase its dividend.
View Schlumberger's dividend history.

22 Wall Street analysts have issued 12 month target prices for Schlumberger's shares. Their forecasts range from $18.10 to $38.00. On average, they expect Schlumberger's stock price to reach $27.78 in the next year. This suggests that the stock has a possible downside of 12.5%.
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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.

Some companies that are related to Schlumberger include Halliburton (HAL), NOV (NOV), TechnipFMC (FTI), Oceaneering International (OII), Dril-Quip (DRQ), RPC (RES), Seacor (CKH), Helix Energy Solutions Group (HLX), Tidewater (TDW), TETRA Technologies (TTI), Oil States International (OIS), Matrix Service (MTRX), Newpark Resources (NR), RigNet (RNET) and Natural Gas Services Group (NGS).
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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), The Walt Disney (DIS), General Electric (GE) and Johnson & Johnson (JNJ).

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

Schlumberger's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.82%), First Eagle Investment Management LLC (1.97%), Boston Partners (1.69%), Geode Capital Management LLC (1.58%), Northern Trust Corp (1.26%) and Fisher Asset Management LLC (1.05%). Company insiders that own Schlumberger stock include Abdellah Merad, Alexander C Juden, Ashok Belani, Hinda Gharbi, Howard Guild, Kevin Fyfe, Mark G Papa, Mogharbel Khaled Al, Patrick Schorn, Peuch Olivier Le, Rajeev Sonthalia, Saul R Laureles, 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 Artisan Partners Limited Partnership, Franklin Resources Inc., Barclays PLC, Manning & Napier Group LLC, Sprucegrove Investment Management Ltd., Exor Capital LLP, First Eagle Investment Management LLC, and Nisa Investment Advisors LLC. Company insiders that have sold Schlumberger company stock in the last year include Abdellah Merad, Ashok Belani, Hinda Gharbi, Howard Guild, Kevin Fyfe, Patrick Schorn, and Saul R Laureles.
View insider buying and selling activity for Schlumberger or view top insider-selling stocks.

SLB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, Van ECK Associates Corp, Assenagon Asset Management S.A., KBC Group NV, Federated Hermes Inc., Foundry Partners LLC, and AMF Pensionsforsakring AB. Company insiders that have bought Schlumberger stock in the last two years include Mark G Papa, Peuch Olivier Le, Rajeev Sonthalia, and Vijay Kasibhatla.
View insider buying and selling activity for Schlumberger or or view top insider-buying stocks.

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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One share of SLB stock can currently be purchased for approximately $31.76.

Schlumberger has a market capitalization of $44.41 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 86,000 workers across the globe.

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.

Schlumberger was founded in 1926.

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

Schlumberger is headquartered at PARKSTRAAT 83, THE HAGUE P7, 77056.

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]