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. Investors 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 yield of 5.21%. View Schlumberger's Dividend History.

Schlumberger Limited. (NYSE:SLB) released its earnings results on Friday, January, 17th. The oil and gas company reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.02. The oil and gas company earned $8.23 billion during the quarter, compared to analysts' expectations of $8.16 billion. Schlumberger had a negative net margin of 30.80% and a positive return on equity of 6.77%. The company's revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $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.

21 equities research analysts have issued 12 month price targets for Schlumberger's shares. Their forecasts range from $27.10 to $55.00. On average, they expect Schlumberger's stock price to reach $43.22 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for Schlumberger.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 2 sell ratings, 4 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Schlumberger.

News coverage about SLB stock has trended extremely negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Schlumberger earned a media sentiment score of -4.0 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 media coverage is extremely unlikely to have an effect 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), Oceaneering International (OII), Helix Energy Solutions Group (HLX), RPC (RES), Oil States International (OIS), Seacor (CKH), Tidewater (TDW), Matrix Service (MTRX), Newpark Resources (NR), Geospace Technologies (GEOS), TETRA Technologies (TTI) and Era Group (ERA).

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

Schlumberger's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.22%), Tocqueville Asset Management L.P. (0.08%), Commerzbank Aktiengesellschaft FI (0.04%), Calamos Advisors LLC (0.04%), Greylin Investment Mangement Inc. (0.04%) and Nisa Investment Advisors LLC (0.04%). 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, 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 Commerzbank Aktiengesellschaft FI, Manning & Napier Group LLC, Calamos Advisors LLC, Tocqueville Asset Management L.P., Bright Rock Capital Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Rockland Trust Co. and Welch & Forbes LLC. Company insiders that have sold Schlumberger company stock in the last year include Alexander C Juden, Howard Guild, Mogharbel Khaled Al, Patrick Schorn, Peuch Olivier Le, 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 Viking Fund Management LLC, DNB Asset Management AS, Mitsubishi UFJ Asset Management UK Ltd., Smithbridge Asset Management Inc. DE, Zeke Capital Advisors LLC, Johanson Financial Advisors Inc., Bennicas & Associates Inc. and Gilman Hill 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 $38.37.

Schlumberger has a market capitalization of $53.12 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 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 http://investorcenter.slb.com.