NYSE:SLBSchlumberger Stock Price, Forecast & News

Schlumberger's stock was trading at $17.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SLB stock has increased by 16.8% and is now trading at $20.30.
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24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 3 sell ratings, 7 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, October 16th 2020.
View our earnings forecast for Schlumberger.

Schlumberger Limited. (NYSE:SLB) announced its quarterly earnings results on Friday, July, 24th. The oil and gas company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.06. The oil and gas company had revenue of $5.34 billion for the quarter, compared to analysts' expectations of $5.38 billion. Schlumberger had a positive return on equity of 8.12% and a negative net margin of 73.90%. The firm's quarterly revenue was down 35.5% compared to the same quarter last year. During the same period last year, the firm earned $0.35 EPS.
View Schlumberger's earnings history.

Schlumberger announced a quarterly dividend on Monday, July 27th. Shareholders of record on Wednesday, September 2nd will be given a dividend of $0.125 per share on Thursday, October 8th. This represents a $0.50 annualized dividend and a dividend yield of 2.46%. The ex-dividend date is Tuesday, September 1st.
View Schlumberger's dividend history.

24 equities research analysts have issued 12 month price objectives for Schlumberger's shares. Their forecasts range from $7.00 to $42.00. On average, they anticipate Schlumberger's stock price to reach $22.72 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price.
View analysts' price targets for Schlumberger.

Media stories about SLB stock have trended neutral recently, according to InfoTrie. The research firm rates the sentiment of news coverage by reviewing 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 0.2 on InfoTrie's scale. They also assigned media headlines 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 future.
View the latest news about Schlumberger.

Schlumberger saw a drop in short interest during the month of February. As of February 15th, there was short interest totaling 16,980,000 shares, a drop of 13.3% from the January 31st total of 19,580,000 shares. Based on an average trading volume of 10,710,000 shares, the days-to-cover ratio is currently 1.6 days.
View Schlumberger's Short Interest.

Some companies that are related to Schlumberger include Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), RPC (RES), Helix Energy Solutions Group (HLX), Seacor (CKH), Oceaneering International (OII), Era Group (ERA), Tidewater (TDW), Oil States International (OIS), Matrix Service (MTRX), Newpark Resources (NR), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Schlumberger investors own include Halliburton (HAL), AT&T (T), Intel (INTC), Exxon Mobil (XOM), Bank of America (BAC), Cisco Systems (CSCO), Walt Disney (DIS), General Electric (GE), JPMorgan Chase & Co. (JPM) and Noble Energy (NBL).

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

Schlumberger's stock is owned by many different institutional and retail investors. Top institutional investors include First Eagle Investment Management LLC (2.46%), Fisher Asset Management LLC (0.96%), Exor Investments UK LLP (0.50%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Swiss National Bank (0.40%) and Prudential PLC (0.24%). Company insiders that own Schlumberger stock include Abdellah Merad, Alexander C Juden, Howard Guild, Mark G Papa, Michael E Marks, 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 Cooke & Bieler LP, Public Employees Retirement Association of Colorado, Trexquant Investment LP, Gradient Investments LLC, Fort Washington Investment Advisors Inc. OH, Alps Advisors Inc., SG Americas Securities LLC, and Factory Mutual Insurance Co.. 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, Saul R Laureles, and Simon Farrant.
View insider buying and selling activity for Schlumberger.

SLB stock was acquired by a variety of institutional investors in the last quarter, including Exor Investments UK LLP, Prudential PLC, TB Alternative Assets Ltd., Fisher Asset Management LLC, Hunter Perkins Capital Management LLC, Bank of Nova Scotia, Strs Ohio, and Robeco Institutional Asset Management B.V.. Company insiders that have bought Schlumberger stock in the last two years include Mark G Papa, Michael E Marks, 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 $20.30.

Schlumberger has a market capitalization of $28.18 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]