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NYSE:SLB

Schlumberger Stock Forecast, Price & News

$14.94
+0.49 (+3.39 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$14.32
Now: $14.94
$14.96
50-Day Range
$14.18
MA: $16.30
$19.18
52-Week Range
$11.87
Now: $14.94
$41.14
Volume17.50 million shs
Average Volume16.20 million shs
Market Capitalization$20.80 billion
P/E RatioN/A
Dividend Yield3.46%
Beta2.12
Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide. The company's Reservoir Characterization segment offers reservoir interpretation and data processing services; open and cased-hole, and slickline services; exploration and production pressure and flow-rate measurement services; tubing-conveyed perforating services; integrated production systems; software, consulting, information management, and IT infrastructure services; reservoir characterization, field development planning, and production enhancement consulting services; and petro technical data services and training solutions. Its Drilling segment designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems, fluid systems and specialty equipment, production technology solutions, and engineered managed pressure and underbalanced drilling solutions; and offers environmental services and products. This segment also provides drilling and measurement, land drilling rigs, and related support services; and supplies well planning and drilling, engineering, supervision, logistics, procurement, and contracting services, as well as drilling rig management services. The company's Production segment offers well services; coiled tubing equipment; hydraulic fracturing, multistage completions, perforating, coiled tubing equipment, and services; well completion services and equipment; artificial lift production equipment and optimization services; and production management services. Its Cameron segment offers integrated subsea production systems; drilling equipment and services; onshore and offshore platform wellhead systems and processing solutions; and valve and process systems. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 3.2Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.04 out of 5 stars

Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryOil & Gas Equipment & Services
CUSIP80685710
Phone713-513-2000
Employees82,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$32.92 billion
Cash Flow$4.06 per share
Book Value$8.91 per share

Profitability

Net Income$-10,137,000,000.00

Miscellaneous

Outstanding Shares1,392,030,000
Market Cap$20.80 billion
Next Earnings Date1/15/2021 (Estimated)
OptionableOptionable
$14.94
+0.49 (+3.39 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Schlumberger (NYSE:SLB) Frequently Asked Questions

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

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. Since then, SLB stock has decreased by 14.0% and is now trading at $14.94.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Schlumberger?

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
.

When is Schlumberger's next earnings date?

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

How were Schlumberger's earnings last quarter?

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

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

Schlumberger declared a quarterly dividend on Friday, October 16th. Investors of record on Wednesday, December 2nd will be given a dividend of $0.125 per share on Thursday, January 14th. This represents a $0.50 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Tuesday, December 1st.
View Schlumberger's dividend history
.

What price target have analysts set for SLB?

27 brokerages have issued twelve-month target prices for Schlumberger's shares. Their forecasts range from $7.00 to $42.00. On average, they anticipate Schlumberger's stock price to reach $23.03 in the next year. This suggests a possible upside of 54.1% from the stock's current price.
View analysts' price targets for Schlumberger
.

Are investors shorting Schlumberger?

Schlumberger saw a decline in short interest in the month of October. As of October 15th, there was short interest totaling 17,840,000 shares, a decline of 15.7% from the September 30th total of 21,170,000 shares. Based on an average daily trading volume, of 13,030,000 shares, the days-to-cover ratio is presently 1.4 days.
View Schlumberger's Short Interest
.

Who are some of Schlumberger's key 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), The Walt Disney (DIS), General Electric (GE) and Johnson & Johnson (JNJ).

Who are Schlumberger's key executives?

Schlumberger's management team includes the following people:
  • Mr. Olivier Le Peuch, CEO & Director (Age 56, Pay $3.62M)
  • Mr. Khaled Al Mogharbel, Exec. VP of Operations & Geographies (Age 49, Pay $2.53M)
  • Ms. Hinda Gharbi M.Sc., Exec. VP of Services & Equipment (Age 49, Pay $2.13M)
  • Mr. Stephane Biguet, Exec. VP & CFO (Age 51)
  • Mr. Howard Guild, Chief Accounting Officer (Age 48)
  • Mr. Demosthenis Pafitis, Chief Technology Officer
  • Mr. Eric Abecassis, Chief Information Officer
  • Mr. Ndubuisi D. Maduemezia, VP of Investor Relations
  • Mr. Alexander C. Juden, Sec. & Gen. Counsel (Age 59)
  • Joao Felix, Director of Corp. Communication

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 shareholders include Exor Investments UK LLP (0.51%), Assenagon Asset Management S.A. (0.22%), Manning & Napier Group LLC (0.20%), Robeco Institutional Asset Management B.V. (0.14%), Standard Life Aberdeen plc (0.12%) and Douglas Lane & Associates LLC (0.09%). 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
.

Which institutional investors are selling Schlumberger stock?

SLB stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, CIBC Private Wealth Group LLC, Standard Life Aberdeen plc, Goelzer Investment Management Inc., Highland Capital Management LLC, Greylin Investment Mangement Inc., Pinnacle Financial Partners Inc., and State of New Jersey Common Pension Fund D. 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
.

Which institutional investors are buying Schlumberger stock?

SLB stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., Envestnet Asset Management Inc., Villere ST Denis J & Co. LLC, Douglas Lane & Associates LLC, Wakefield Asset Management LLLP, Exor Investments UK LLP, and Manning & Napier Group LLC. 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
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Schlumberger's stock price today?

One share of SLB stock can currently be purchased for approximately $14.94.

How big of a company is Schlumberger?

Schlumberger has a market capitalization of $20.80 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 82,000 workers across the globe.

What is Schlumberger's official website?

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

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 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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