×
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
NYSE:SLB

Schlumberger Stock Forecast, Price & News

$36.18
-0.79 (-2.14%)
(As of 06/29/2022 12:00 AM ET)
Add
Compare
Today's Range
$35.95
$37.63
50-Day Range
$34.98
$49.57
52-Week Range
$25.90
$49.83
Volume
12.31 million shs
Average Volume
15.83 million shs
Market Capitalization
$51.14 billion
P/E Ratio
24.61
Dividend Yield
1.89%
Price Target
$46.85
30 days | 90 days | 365 days | Advanced Chart

Receive SLB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Schlumberger and its competitors with MarketBeat's FREE daily newsletter.

SLB Stock Forecast (MarketRank)

Overall MarketRank

3.65 out of 5 stars

Oils/Energy Sector

2nd out of 391 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

1st out of 32 stocks

Analyst Opinion: 4.5Community Rank: 5.0Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.8 5 -4 -3 -2 -1 -
Schlumberger logo

About Schlumberger (NYSE:SLB)

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.

SLB Stock News Headlines

See More Headlines

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

Company Calendar

Ex-Dividend for 4/7 Dividend
2/08/2022
Dividend Payable
4/07/2022
Last Earnings
4/22/2022
Ex-Dividend for 7/14 Dividend
5/31/2022
Today
6/30/2022
Dividend Payable
7/14/2022
Next Earnings (Confirmed)
7/22/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$46.85
High Stock Price Forecast
$59.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+29.5%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
17 Analysts

Profitability

Net Income
$1.88 billion
Pretax Margin
11.10%

Debt

Sales & Book Value

Annual Sales
$22.93 billion
Cash Flow
$2.91 per share
Book Value
$10.89 per share

Miscellaneous

Outstanding Shares
1,413,461,000
Free Float
1,409,503,000
Market Cap
$51.14 billion
Optionable
Optionable
Beta
1.90

Social Links















Schlumberger Frequently Asked Questions

Should I buy or sell Schlumberger stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 1 hold rating, 15 buy ratings and 1 strong buy rating 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.

What is Schlumberger's stock price forecast for 2022?

17 brokerages have issued 12-month target prices for Schlumberger's shares. Their SLB stock forecasts range from $42.00 to $59.00. On average, they predict Schlumberger's share price to reach $46.85 in the next twelve months. This suggests a possible upside of 29.5% from the stock's current price.
View analysts' price targets for Schlumberger
or view top-rated stocks among Wall Street analysts.

How has Schlumberger's stock price performed in 2022?

Schlumberger's stock was trading at $29.95 at the beginning of 2022. Since then, SLB shares have increased by 20.8% and is now trading at $36.18.
View the best growth stocks for 2022 here
.

Are investors shorting Schlumberger?

Schlumberger saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 27,300,000 shares, an increase of 32.7% from the May 15th total of 20,580,000 shares. Based on an average trading volume of 14,100,000 shares, the short-interest ratio is currently 1.9 days.
View Schlumberger's Short Interest
.

When is Schlumberger's next earnings date?

Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
View our earnings forecast for Schlumberger
.

How can I listen to Schlumberger's earnings call?

Schlumberger will be holding an earnings conference call on Friday, July 22nd at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-970-0847 with passcode "9508868".

How were Schlumberger's earnings last quarter?

Schlumberger Limited (NYSE:SLB) issued its quarterly earnings results on Friday, April, 22nd. The oil and gas company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. The oil and gas company had revenue of $5.96 billion for the quarter, compared to the consensus estimate of $5.90 billion. Schlumberger had a trailing twelve-month return on equity of 14.02% and a net margin of 8.84%. The firm's revenue was up 14.1% compared to the same quarter last year. During the same period last year, the business posted $0.21 EPS.
View Schlumberger's earnings history
.

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

Schlumberger declared a quarterly dividend on Monday, April 25th. Shareholders of record on Wednesday, June 1st will be paid a dividend of $0.175 per share on Thursday, July 14th. This represents a $0.70 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend is Tuesday, May 31st. This is an increase from Schlumberger's previous quarterly dividend of $0.13.
View Schlumberger's dividend history
.

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 1.89%. Schlumberger does not yet have a strong track record of dividend growth. The dividend payout ratio of Schlumberger is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Schlumberger will have a dividend payout ratio of 26.62% next year. This indicates that Schlumberger will be able to sustain or increase its dividend.
View Schlumberger's dividend history.

Who are Schlumberger's key executives?

Schlumberger's management team includes the following people:
  • Mr. Olivier Le Peuch, CEO & Director (Age 58, Pay $5.49M)
  • Mr. Stephane Biguet, Exec. VP & CFO (Age 53, Pay $2.36M)
  • Mr. Ashok Belani, Sr. Strategic Advisor (Age 63, Pay $2.63M) (LinkedIn Profile)
  • Mr. Khaled Al Mogharbel, Exec. VP of Geographies (Age 51, Pay $2.86M)
  • Mr. Howard Guild, Chief Accounting Officer (Age 50) (LinkedIn Profile)
  • Mr. Demosthenis Pafitis, Chief Technology Officer (Age 54)
  • Mr. Sebastien Lehnherr, Chief Information Officer
  • Mr. Ndubuisi Maduemezia, VP of Investor Relations
  • Ms. Dianne B. Ralston, Chief Legal Officer & Sec. (Age 55) (LinkedIn Profile)
  • Giles Powell, Director of Corp. Communication

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.

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."

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.
Compare Top Brokerages Here.

What is Schlumberger's stock price today?

One share of SLB stock can currently be purchased for approximately $36.18.

How much money does Schlumberger make?

Schlumberger (NYSE:SLB) has a market capitalization of $51.14 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 $1.47 on an earnings per share basis.

How many employees does Schlumberger have?

Schlumberger 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.
Read More

When was Schlumberger founded?

Schlumberger was founded in 1926.

How can I contact Schlumberger?

Schlumberger's mailing address is PARKSTRAAT 83, THE HAGUE P7, 77056. The official website for Schlumberger is www.slb.com. 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.

This page (NYSE:SLB) was last updated on 6/30/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.