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Schlumberger - SLB Stock Forecast, Price & News

$50.70
-0.13 (-0.26%)
(As of 11/28/2022 12:22 PM ET)
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Compare
Today's Range
$49.14
$50.80
50-Day Range
$33.86
$54.82
52-Week Range
$27.65
$56.04
Volume
432,366 shs
Average Volume
14.44 million shs
Market Capitalization
$71.89 billion
P/E Ratio
24.38
Dividend Yield
1.38%
Price Target
$54.37

Schlumberger MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.9% Upside
$54.37 Price Target
Short Interest
Healthy
1.95% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.15
Upright™ Environmental Score
News Sentiment
0.53mentions of Schlumberger in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$196.06 M Sold Last Quarter
Proj. Earnings Growth
40.19%
From $2.14 to $3.00 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.91 out of 5 stars

Oils/Energy Sector

21st out of 245 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

4th out of 21 stocks

SLB stock logo

About Schlumberger (NYSE:SLB) Stock

Schlumberger Limited provides technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. It offers software, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; petro technical data services and training solutions; reservoir interpretation and data processing services; asset performance solutions; open and cased-hole services; exploration and production pressure and flow-rate measurement services; pressure pumping, well stimulation, and coiled tubing equipment for downhole mechanical well intervention, reservoir monitoring, and downhole data acquisition; and integrated production systems. The company also provides mud logging and engineering support services; drilling equipment and services for shipyards, drilling contractors, energy companies, and rental tool companies; land drilling rigs and related services; drilling tools; well cementing products and services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as supplies engineered drilling fluid systems; and designs, manufactures, and markets roller cone and fixed cutter drill bits. In addition, it offers well completion services and equipment; artificial lift production equipment and optimization services; valves; process systems; and integrated subsea production systems comprising wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services, as well as designs and manufactures onshore and offshore platform wellhead systems and processing solutions. 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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SLB Stock News Headlines

Schlumberger Ltd. and the SLB Dividend: What to Know
Schlumberger (NYSE:SLB) PT Raised to $64.00
SLB Announces Debt Tender Offer
Schlumberger (NYSE:SLB) Given New $62.00 Price Target at Citigroup
SLB to Host 2022 Investors Conference
SLB to Acquire Gyrodata Incorporated
Should You Buy Schlumberger (SLB) After Golden Cross?
Oil-Field Services Drill Down on Pricing Power
See More Headlines
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SLB Company Calendar

Ex-Dividend for 10/13 Dividend
9/06/2022
Dividend Payable
10/13/2022
Last Earnings
10/21/2022
Today
11/28/2022
Ex-Dividend for 1/12 Dividend
12/06/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/12/2023
Next Earnings (Estimated)
1/20/2023

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
80685710
Employees
92,000
Year Founded
1926

Price Target and Rating

Average Stock Price Forecast
$54.37
High Stock Price Forecast
$69.00
Low Stock Price Forecast
$43.00
Forecasted Upside/Downside
+7.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
19 Analysts

Profitability

Net Income
$1.88 billion
Pretax Margin
13.92%

Debt

Sales & Book Value

Annual Sales
$22.93 billion
Cash Flow
$2.81 per share
Book Value
$10.89 per share

Miscellaneous

Outstanding Shares
1,417,994,000
Free Float
1,414,024,000
Market Cap
$71.89 billion
Optionable
Optionable
Beta
1.87

Social Links


Key Executives

  • Mr. Olivier Le Peuch (Age 58)
    CEO & Director
    Comp: $5.49M
  • Mr. Stephane BiguetMr. Stephane Biguet (Age 53)
    Exec. VP & CFO
    Comp: $2.36M
  • Mr. Ashok BelaniMr. Ashok Belani (Age 63)
    Sr. Strategic Advisor
    Comp: $2.63M
  • Mr. Khaled Al Mogharbel (Age 51)
    Exec. VP of Geographies
    Comp: $2.86M
  • Mr. Howard Guild (Age 50)
    Chief Accounting Officer
  • Mr. Demosthenis Pafitis (Age 54)
    Chief Technology Officer
  • Mr. Sebastien Lehnherr
    Chief Information Officer
  • Mr. Ndubuisi Maduemezia
    VP of Investor Relations
  • Ms. Dianne B. RalstonMs. Dianne B. Ralston (Age 55)
    Chief Legal Officer & Sec.
  • Giles Powell
    Director of Corp. Communication













SLB Stock - Frequently Asked Questions

Should I buy or sell Schlumberger stock right now?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SLB shares.
View SLB analyst ratings
or view top-rated stocks.

What is Schlumberger's stock price forecast for 2023?

19 brokers have issued 12 month price objectives for Schlumberger's shares. Their SLB share price forecasts range from $43.00 to $69.00. On average, they anticipate the company's share price to reach $54.37 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price.
View analysts price targets for SLB
or view top-rated stocks among Wall Street analysts.

How have SLB shares performed in 2022?

Schlumberger's stock was trading at $29.95 at the beginning of 2022. Since then, SLB shares have increased by 69.7% and is now trading at $50.83.
View the best growth stocks for 2022 here
.

When is Schlumberger's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 20th 2023.
View our SLB earnings forecast
.

How were Schlumberger's earnings last quarter?

Schlumberger Limited (NYSE:SLB) released its quarterly earnings results on Friday, October, 21st. The oil and gas company reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.08. The oil and gas company had revenue of $7.48 billion for the quarter, compared to analyst estimates of $7.10 billion. Schlumberger had a net margin of 11.26% and a trailing twelve-month return on equity of 16.58%. The company's revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.36 earnings per share.
Read the conference call transcript
.

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

Schlumberger announced a quarterly dividend on Thursday, October 20th. Shareholders of record on Wednesday, December 7th will be given a dividend of $0.175 per share on Thursday, January 12th. This represents a $0.70 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Tuesday, December 6th.
Read our dividend analysis for SLB
.

Is Schlumberger a good dividend stock?

Schlumberger (NYSE:SLB) pays an annual dividend of $0.70 per share and currently has a dividend yield of 1.38%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLB will have a dividend payout ratio of 23.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLB.

What guidance has Schlumberger issued on next quarter's earnings?

Schlumberger updated its FY 2022 earnings guidance on Monday, October, 31st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $27.00B-, compared to the consensus revenue estimate of $27.69 billion.

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

522 employees have rated Schlumberger Chief Executive Officer Olivier Le Peuch on Glassdoor.com. Olivier Le Peuch has an approval rating of 81% among the company's employees.

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 shareholders include Vanguard Group Inc. (8.69%), BlackRock Inc. (7.57%), State Street Corp (6.43%), Jennison Associates LLC (1.77%), Boston Partners (1.68%) and Fisher Asset Management LLC (1.34%). Insiders that own company stock include Abdellah Merad, Alexander C Juden, Ashok Belani, Claudia Jaramillo, Dianne B Ralston, Gavin Rennick, Hinda Gharbi, Howard Guild, Katharina Beumelburg, Kevin Fyfe, Limited/Nv Schlumberger, Mark G Papa, Mogharbel Khaled Al, Patrick Schorn, Peuch Olivier Le, Pierre Chereque, Rajeev Sonthalia, Saul R Laureles and Vijay Kasibhatla.
View institutional ownership trends
.

How do I buy shares of Schlumberger?

Shares of SLB stock 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.
Compare Top Brokerages Here.

What is Schlumberger's stock price today?

One share of SLB stock can currently be purchased for approximately $50.83.

How much money does Schlumberger make?

Schlumberger (NYSE:SLB) has a market capitalization of $72.08 billion and generates $22.93 billion in revenue each year. The oil and gas company earns $1.88 billion in net income (profit) each year or $2.08 on an earnings per share basis.

How many employees does Schlumberger have?

The company employs 92,000 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.
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How can I contact Schlumberger?

Schlumberger's mailing address is PARKSTRAAT 83, THE HAGUE P7, 77056. The official website for the company is www.slb.com. The oil and gas company can be reached via phone at (713) 513-2000, via email at investor-relations@slb.com, or via fax at 713-513-3500.

This page (NYSE:SLB) was last updated on 11/28/2022 by MarketBeat.com Staff