NYSE:SLB

Schlumberger Stock Forecast, Price & News

$36.18

-0.79 (-2.14%)

(As of 06/29/2022 12:00 AM ET)

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Today's Range: $35.95
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$37.63
50-Day Range: $34.98
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$49.57
52-Week Range: $25.90
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$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

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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

4.5 Analyst's Opinion

Consensus Rating
Schlumberger has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 15 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $46.85, Schlumberger has a forecasted upside of 29.5% from its current price of $36.18.
Amount of Analyst Coverage
Schlumberger has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0 Community Rank

Outperform Votes
Schlumberger has received 1,639 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Schlumberger has received 473 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Schlumberger has received 77.60% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Schlumberger and other stocks. Vote “Outperform” if you believe SLB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SLB will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Schlumberger pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Schlumberger has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Schlumberger is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
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.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Schlumberger insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $431,340,525.00 in company stock.
Percentage Held by Insiders
Only 0.28% of the stock of Schlumberger is held by insiders.
Percentage Held by Institutions
76.34% of the stock of Schlumberger is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Schlumberger are expected to grow by 42.93% in the coming year, from $1.84 to $2.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Schlumberger is 24.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of Schlumberger is 24.61, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.80.
Price to Earnings Growth Ratio
Schlumberger has a PEG Ratio of 0.41. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Schlumberger has a P/B Ratio of 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

June 29, 2022 | bloomberg.com

Schlumberger-Backed Arabian Drilling Gets Approval for Saudi IPO - Bloomberg

June 29, 2022 | americanbankingnews.com

Schlumberger (NYSE:SLB) Sees Large Volume Increase

June 27, 2022 | benzinga.com

Schlumberger Whale Trades For June 27 - Benzinga - Benzinga

June 27, 2022 | reuters.com

Schlumberger will not apply for Iraqi Kurdistan oil tenders -letter - Reuters.com

June 27, 2022 | finance.yahoo.com

Iraq state news agency says Schlumberger to exit Kurdistan region - Yahoo Finance

June 23, 2022 | finance.yahoo.com

Hyzon Motors to collaborate with Schlumberger in decarbonizing oil & gas field operations with high-power fuel cells - Yahoo Finance

June 23, 2022 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At Schlumberger (NYSE:SLB)

June 22, 2022 | streetinsider.com

Form 8-K SCHLUMBERGER LIMITED/NV For: Jun 22 - StreetInsider.com

June 22, 2022 | finance.yahoo.com

Schlumberger sees global exploration and production accelerating - Yahoo Finance

June 22, 2022 | reuters.com

Schlumberger sees global oil exploration and production accelerating - Reuters

June 21, 2022 | finance.yahoo.com

Schlumberger Announces Second-Quarter 2022 Results Conference Call

June 19, 2022 | americanbankingnews.com

Schlumberger Limited (NYSE:SLB) Receives $46.85 Consensus PT from Analysts

June 15, 2022 | finance.yahoo.com

Schlumberger (SLB) is a Top-Ranked Value Stock: Should You Buy?

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: Oil & Gas Equipment & Services
Sector: Oils/Energy
Current Symbol: NYSE:SLB
CUSIP: 80685710
CIK: 87347
Web: www.slb.com
Phone: (713) 513-2000
Fax: 713-513-3500
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

EPS (Most Recent Fiscal Year): $1.47
Trailing P/E Ratio: 24.61
Forward P/E Ratio: 19.66
P/E Growth: 0.41
Net Income: $1.88 billion
Net Margins: 8.84%
Pretax Margin: 11.10%
Return on Equity: 14.02%
Return on Assets: 4.88%

Debt

Debt-to-Equity Ratio: 0.84
Current Ratio: 1.24
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: $22.93 billion
Price / Sales: 2.23
Cash Flow: $2.91 per share
Price / Cash Flow: 12.45
Book Value: $10.89 per share
Price / Book: 3.32

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

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Schlumberger Stock Forecast, Price & News

Receive SLB Stock News and Ratings via Email

SLB Stock Forecast (MarketRank)

Overall MarketRank™

4.5 Analyst's Opinion

5.0 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

2.5 Company Ownership

3.8 Earnings and Valuation

About Schlumberger (NYSE:SLB)

SLB Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Schlumberger Frequently Asked Questions

Should I buy or sell Schlumberger stock right now?

What is Schlumberger's stock price forecast for 2022?

How has Schlumberger's stock price performed in 2022?

Are investors shorting Schlumberger?

When is Schlumberger's next earnings date?

How can I listen to Schlumberger's earnings call?

How were Schlumberger's earnings last quarter?

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

Is Schlumberger a good dividend stock?

Who are Schlumberger's key executives?

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

Who are some of Schlumberger's key competitors?

What other stocks do shareholders of Schlumberger own?

What is Schlumberger's stock symbol?

How do I buy shares of Schlumberger?

What is Schlumberger's stock price today?

How much money does Schlumberger make?

How many employees does Schlumberger have?

Does Schlumberger have any subsidiaries?

When was Schlumberger founded?

How can I contact Schlumberger?

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