Schlumberger Stock Forecast, Price & News

Schlumberger's stock was trading at $17.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SLB shares have decreased by 11.4% and is now trading at $15.40.
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27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 3 sell ratings, 8 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Schlumberger.

Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, January 15th 2021.
View our earnings forecast for Schlumberger.

Schlumberger Limited. (NYSE:SLB) posted its quarterly earnings data on Friday, October, 16th. The oil and gas company reported $0.16 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.13 by $0.03. The oil and gas company had revenue of $5.26 billion for the quarter, compared to analysts' expectations of $5.37 billion. Schlumberger had a negative net margin of 40.15% and a positive return on equity of 7.34%. Schlumberger's revenue was down 38.4% compared to the same quarter last year. During the same period last year, the business posted $0.43 earnings per share.
View Schlumberger's earnings history.

Schlumberger announced a quarterly dividend on Friday, October 16th. Shareholders of record on Wednesday, December 2nd will be paid a dividend of $0.125 per share on Thursday, January 14th. This represents a $0.50 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Tuesday, December 1st.
View Schlumberger's dividend history.

27 brokers have issued 1-year target prices for Schlumberger's shares. Their forecasts range from $7.00 to $42.00. On average, they anticipate Schlumberger's share price to reach $23.03 in the next year. This suggests a possible upside of 49.5% from the stock's current price.
View analysts' price targets for Schlumberger.

Some companies that are related to Schlumberger include Halliburton (HAL), National Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Seacor (CKH), RPC (RES), Era Group (ERA), Helix Energy Solutions Group (HLX), Oceaneering International (OII), Tidewater (TDW), Matrix Service (MTRX), Oil States International (OIS), Natural Gas Services Group (NGS), RigNet (RNET) and Geospace Technologies (GEOS).
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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 variety of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.22%), Standard Life Aberdeen plc (0.12%), Douglas Lane & Associates LLC (0.09%), Envestnet Asset Management Inc. (0.04%), Retirement Systems of Alabama (0.04%) and TB Alternative Assets Ltd. (0.04%). Company insiders that own Schlumberger stock include Abdellah Merad, Alexander C Juden, Howard Guild, Mark G Papa, Mogharbel Khaled Al, Patrick Schorn, Peuch Olivier Le, Rajeev Sonthalia, Saul R Laureles, Simon Ayat, 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 Standard Life Aberdeen plc, Highland Capital Management LLC, Greylin Investment Mangement Inc., TB Alternative Assets Ltd., Gofen & Glossberg LLC IL, DNB Asset Management AS, Retirement Systems of Alabama, and Nissay Asset Management Corp Japan ADV. Company insiders that have sold Schlumberger company stock in the last year include Abdellah Merad, Alexander C Juden, Howard Guild, Mogharbel Khaled Al, Patrick Schorn, and Saul R Laureles.
View insider buying and selling activity for Schlumberger.

SLB stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Envestnet Asset Management Inc., Douglas Lane & Associates LLC, Wakefield Asset Management LLLP, Nisa Investment Advisors LLC, Boston Trust Walden Corp, Bowling Portfolio Management LLC, and Wedge Capital Management L L P NC. Company insiders that have bought Schlumberger stock in the last two years include Mark G Papa, Patrick Schorn, Peuch Olivier Le, Rajeev Sonthalia, and Vijay Kasibhatla.
View insider buying and selling activity 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 $15.40.

Schlumberger has a market capitalization of $21.44 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.

The official website for Schlumberger is 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]