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. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.50 per share on Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend is Tuesday, February 11th. View Schlumberger's Dividend History.

Schlumberger Limited. (NYSE:SLB) released its quarterly earnings results on Friday, January, 17th. The oil and gas company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.36 earnings per share. 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 12 month target prices for Schlumberger's shares. Their forecasts range from $27.10 to $55.00. On average, they expect Schlumberger's stock price to reach $42.71 in the next year. This suggests a possible upside of 24.1% 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.

News stories about SLB stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Schlumberger earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock'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), Seacor (CKH), Oil States International (OIS), Tidewater (TDW), Newpark Resources (NR), Matrix Service (MTRX), 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 institutional and retail investors. Top institutional shareholders include State Street Corp (4.86%), Franklin Resources Inc. (2.27%), First Eagle Investment Management LLC (2.20%), Bank of New York Mellon Corp (2.18%), Loomis Sayles & Co. L P (1.43%) and Barrow Hanley Mewhinney & Strauss LLC (0.58%). 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, Marshall Wace North America L.P., Pzena Investment Management LLC, Bank of Montreal Can, Alyeska Investment Group L.P., Mairs & Power INC and AMF Pensionsforsakring AB. 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 Loomis Sayles & Co. L P, Alleghany Corp DE, Bank of New York Mellon Corp, Exor Investments UK LLP, First Eagle Investment Management LLC, Eaton Vance Management, Public Employees Retirement Association of Colorado and Point72 Asset Management L.P.. 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 $34.42.

Schlumberger has a market capitalization of $47.66 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]