NYSE:SLBSchlumberger Stock Price, Forecast & News

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 shares have increased by 4.4% and is now trading at $18.14.
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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) issued its quarterly earnings results on Friday, July, 24th. The oil and gas company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.06. The oil and gas company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.38 billion. Schlumberger had a positive return on equity of 8.12% and a negative net margin of 73.90%. The business's revenue was down 35.5% compared to the same quarter last year. During the same period last year, the business earned $0.35 earnings per share.
View Schlumberger's earnings history.

Schlumberger declared a quarterly dividend on Monday, July 27th. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $0.125 per share on Thursday, October 8th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Tuesday, September 1st.
View Schlumberger's dividend history.

24 brokerages have issued 1-year price objectives for Schlumberger's shares. Their forecasts range from $7.00 to $42.00. On average, they anticipate Schlumberger's share price to reach $22.72 in the next year. This suggests a possible upside of 25.3% from the stock's current price.
View analysts' price targets for Schlumberger.

Media headlines about SLB stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Schlumberger earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.
View the latest news about Schlumberger.

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), Oil States International (OIS), Tidewater (TDW), 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), Cisco Systems (CSCO), AT&T (T), Exxon Mobil (XOM), Intel (INTC), Walt Disney (DIS), General Electric (GE), JPMorgan Chase & Co. (JPM), Bank of America (BAC) and Gilead Sciences (GILD).

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

Schlumberger's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Exor Investments UK LLP (0.50%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Prudential PLC (0.24%), Manning & Napier Group LLC (0.19%), New York State Teachers Retirement System (0.13%) and Robeco Institutional Asset Management B.V. (0.10%). Company insiders that own Schlumberger stock include Abdellah Merad, Alexander C Juden, Howard Guild, 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 Gradient Investments LLC, Fort Washington Investment Advisors Inc. OH, SG Americas Securities LLC, Factory Mutual Insurance Co., Manning & Napier Group LLC, Envestnet Asset Management Inc., Rockland Trust Co., and Raymond James & Associates. 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 bought by a variety of institutional investors in the last quarter, including Exor Investments UK LLP, Prudential PLC, TB Alternative Assets Ltd., Hunter Perkins Capital Management LLC, Strs Ohio, Robeco Institutional Asset Management B.V., Boston Trust Walden Corp, and Duality Advisers LP. Company insiders that have bought Schlumberger stock in the last two years include 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 $18.14.

Schlumberger has a market capitalization of $25.18 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]