Schlumberger Stock Forecast, Price & News

Schlumberger (NYSE:SLB) Frequently Asked Questions

Is Schlumberger a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last twelve months. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Schlumberger stock.
View analyst ratings for Schlumberger or view top-rated stocks.

How has Schlumberger's stock price been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 70.9% and is now trading at $29.70.
View which stocks have been most impacted by COVID-19.

When is Schlumberger's next earnings date?

Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, January 28th 2022.
View our earnings forecast for Schlumberger.

How were Schlumberger's earnings last quarter?

Schlumberger Limited (NYSE:SLB) issued its earnings results on Thursday, October, 21st. The oil and gas company reported $0.36 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.36. The oil and gas company had revenue of $5.85 billion for the quarter, compared to analyst estimates of $5.94 billion. Schlumberger had a trailing twelve-month return on equity of 11.90% and a net margin of 7.44%. The firm's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period last year, the firm posted $0.16 EPS.
View Schlumberger's earnings history.

How often does Schlumberger pay dividends? What is the dividend yield for Schlumberger?

Schlumberger announced a quarterly dividend on Friday, October 22nd. Shareholders of record on Wednesday, December 1st will be paid a dividend of $0.125 per share on Thursday, January 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Tuesday, November 30th.
View Schlumberger's dividend history.

Is Schlumberger a good dividend stock?

Schlumberger pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.59%. The dividend payout ratio of Schlumberger is 42.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Schlumberger will have a dividend payout ratio of 26.32% next year. This indicates that Schlumberger will be able to sustain or increase its dividend.
View Schlumberger's dividend history.

What price target have analysts set for SLB?

16 Wall Street analysts have issued 12 month target prices for Schlumberger's stock. Their forecasts range from $25.00 to $48.00. On average, they expect Schlumberger's share price to reach $34.63 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price.
View analysts' price targets for Schlumberger or view top-rated stocks among Wall Street analysts.

Who are Schlumberger's key executives?

Schlumberger's management team includes the following people:

• Olivier Le Peuch, Chief Executive Officer & Director
• Stephane Biguet, Chief Financial Officer & Executive Vice President
• Demosthenis Pafitis, Chief Technology Officer
• Pierre Chereque, Vice President & Director-Taxes
• Claudia Jaramillo, Treasurer & Vice President

What is Olivier Le Peuch's approval rating as Schlumberger's CEO?

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.

Who are some of Schlumberger's key competitors?

Some companies that are related to Schlumberger include Halliburton (HAL), NOV (NOV), TechnipFMC (FTI), Oceaneering International (OII), RPC (RES), Dril-Quip (DRQ), Helix Energy Solutions Group (HLX), Tidewater (TDW), TETRA Technologies (TTI), Oil States International (OIS), Newpark Resources (NR), Matrix Service (MTRX), Natural Gas Services Group (NGS), Geospace Technologies (GEOS) and Forum Energy Technologies (FET).
View all of SLB's competitors.

What other stocks do shareholders of Schlumberger own?

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), Walt Disney (DIS), General Electric (GE) and Johnson & Johnson (JNJ).

What is Schlumberger's stock symbol?

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

Who are Schlumberger's major shareholders?

Schlumberger's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.80%), Boston Partners (1.62%), Geode Capital Management LLC (1.62%), Deutsche Bank AG (1.44%), Van ECK Associates Corp (1.30%) and Fisher Asset Management LLC (1.15%). Company insiders that own Schlumberger stock include Abdellah Merad, Alexander C Juden, Ashok Belani, Hinda Gharbi, Howard Guild, Kevin Fyfe, Mark G Papa, Patrick Schorn, Peuch Olivier Le, Rajeev Sonthalia, Saul R Laureles and Vijay Kasibhatla.
View institutional ownership trends for Schlumberger.

Which major investors are selling Schlumberger stock?

SLB stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Schroder Investment Management Group, Atalanta Sosnoff Capital LLC, Citadel Advisors LLC, KBC Group NV, Panagora Asset Management Inc., Toronto Dominion Bank, and Capital Research Global Investors. Company insiders that have sold Schlumberger company stock in the last year include Ashok Belani, Hinda Gharbi, Howard Guild, and Saul R Laureles.
View insider buying and selling activity for Schlumberger or view top insider-selling stocks.

Which major investors are buying Schlumberger stock?

SLB stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Millennium Management LLC, Natixis, Van ECK Associates Corp, Invesco Ltd., Nordea Investment Management AB, Bank of New York Mellon Corp, and Fisher Asset Management LLC. 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.

How do I buy shares of Schlumberger?

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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What is Schlumberger's stock price today?

One share of SLB stock can currently be purchased for approximately $29.70.

How much money does Schlumberger make?

Schlumberger has a market capitalization of $41.66 billion and generates $23.60 billion in revenue each year. The oil and gas company earns $-10.52 billion in net income (profit) each year or $1.17 on an earnings per share basis.

How many employees does Schlumberger have?

Schlumberger employs 86,000 workers across the globe.

Does Schlumberger have any subsidiaries?

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.

When was Schlumberger founded?

Schlumberger was founded in 1926.

What is Schlumberger's official website?

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

Where are Schlumberger's headquarters?

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

How can I contact Schlumberger?

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, via email at [email protected], or via fax at 713-513-3500.