S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)

Schlumberger - SLB Stock Forecast, Price & News

$34.65
-0.01 (-0.03%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$34.50
$35.16
50-Day Range
$31.33
$49.57
52-Week Range
$25.90
$49.83
Volume
6.03 million shs
Average Volume
15.13 million shs
Market Capitalization
$49.01 billion
P/E Ratio
18.83
Dividend Yield
2.02%
Price Target
$47.01

Schlumberger MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
35.7% Upside
$47.01 Price Target
Short Interest
Healthy
1.79% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.82
Upright™ Environmental Score
News Sentiment
0.14mentions of Schlumberger in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$205.22 M Sold Last Quarter
Proj. Earnings Growth
37.50%
From $2.00 to $2.75 Per Share

Overall MarketRank

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

3.44 out of 5 stars

Oils/Energy Sector

2nd out of 344 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

1st out of 29 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.

Schlumberger Stock Performance

NYSE:SLB traded up $0.11 during trading on Monday, reaching $34.77. The company's stock had a trading volume of 152,403 shares, compared to its average volume of 15,084,689. The firm has a market cap of $49.18 billion, a price-to-earnings ratio of 18.84, a price-to-earnings-growth ratio of 0.45 and a beta of 1.86. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.98 and a current ratio of 1.35. The firm has a 50 day moving average of $38.08 and a 200-day moving average of $39.86. Schlumberger has a 12 month low of $25.90 and a 12 month high of $49.83.

Schlumberger (NYSE:SLB - Get Rating) last posted its quarterly earnings results on Friday, July 22nd. The oil and gas company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.10. Schlumberger had a return on equity of 15.06% and a net margin of 10.56%. The company had revenue of $6.77 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the prior year, the company earned $0.30 EPS. The firm's quarterly revenue was up 20.2% compared to the same quarter last year. Research analysts expect that Schlumberger will post 2 EPS for the current fiscal year.

Schlumberger Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 13th. Stockholders of record on Wednesday, September 7th will be given a $0.175 dividend. The ex-dividend date is Tuesday, September 6th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.01%. Schlumberger's dividend payout ratio is currently 38.04%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on SLB shares. Wells Fargo & Company reduced their target price on shares of Schlumberger from $56.00 to $55.00 and set an "overweight" rating for the company in a research note on Monday, April 25th. Piper Sandler upgraded shares of Schlumberger from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $43.00 to $55.00 in a report on Monday, April 11th. Barclays boosted their price target on shares of Schlumberger from $55.00 to $59.00 and gave the company an "overweight" rating in a report on Wednesday, June 8th. Cowen boosted their price target on shares of Schlumberger from $47.00 to $49.00 and gave the company an "outperform" rating in a report on Monday, July 25th. Finally, The Goldman Sachs Group lowered their price objective on shares of Schlumberger from $54.00 to $45.00 and set a "buy" rating on the stock in a research report on Wednesday, July 13th. One equities research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $47.01.

Insider Activity at Schlumberger

In related news, major shareholder Limited/Nv Schlumberger sold 12,032,500 shares of the company's stock in a transaction on Wednesday, June 8th. The stock was sold at an average price of $17.00, for a total transaction of $204,552,500.00. Following the completion of the sale, the insider now owns 23,069,461 shares in the company, valued at $392,180,837. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider Katharina Beumelburg sold 4,200 shares of the firm's stock in a transaction on Thursday, May 19th. The stock was sold at an average price of $40.28, for a total value of $169,176.00. Following the completion of the transaction, the insider now owns 519 shares in the company, valued at approximately $20,905.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Limited/Nv Schlumberger sold 12,032,500 shares of the firm's stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $17.00, for a total value of $204,552,500.00. Following the sale, the insider now owns 23,069,461 shares in the company, valued at $392,180,837. The disclosure for this sale can be found here. Insiders have sold 12,047,459 shares of company stock worth $205,224,121 over the last ninety days. 0.28% of the stock is owned by corporate insiders.

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 News Headlines

Schlumberger: Another Reason To Bet On An Oil-Services Rebound
If results from Baker Hughes (NYSE: BKR) and Haliburton (NYSE: HAL) weren’t enough to convince you of a rebound in the oil services sector Schlumberger (NYSE: SLB) has given us some more evidence. The company reported a solid quarter driven by strength in all regions and segments due to an increase in investment in the oil industry.
This Is A Turning Point For Baker Hughes Stock (SLB)
Shares of Baker Hughes (NYSE: BKR) fell roughly 5.0% in the wake of the Q2 results but we are viewing the drop as a buying opportunity that could be worth 40% or more over the next few quarters. The company missed the top and bottom line estimates which is not something we like to see.
Will This Be the Worst U.S. Crisis Ever?
Wealthy 73-year-old U.S. entrepreneur retreats to one of his three European properties to issue serious warning (and 4 recommendations) for Americans. "It falls on someone like me to warn you clearly. I'm too rich to care about money—and too old to care what anyone thinks."
SLB September 23rd Options Begin Trading
Schlumberger (NYSE:SLB) Downgraded by StockNews.com to "Hold"
MUST WATCH: Unusual 3-second financial maneuver
In 2020, Jeff Clark revealed how to use a unique 3-second transaction…To get Starbucks to pay for his morning coffee. Now, he’s revealing a new 3-second transaction…
Schlumberger (NYSE:SLB) Upgraded at Benchmark
Cowen Boosts Schlumberger (NYSE:SLB) Price Target to $49.00
Schlumberger (NYSE:SLB) PT Raised to $49.00
Schlumberger (NYSE:SLB) Shares Gap Up Following Earnings Beat
See More Headlines
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 Company Calendar

Ex-Dividend for 7/14 Dividend
5/31/2022
Dividend Payable
7/14/2022
Last Earnings
7/22/2022
Today
8/09/2022
Next Earnings (Estimated)
10/28/2022
Fiscal Year End
12/31/2022

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
$47.01
High Stock Price Forecast
$59.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+35.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
18 Analysts

Profitability

Net Income
$1.88 billion
Pretax Margin
13.05%

Debt

Sales & Book Value

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

Miscellaneous

Outstanding Shares
1,414,388,000
Free Float
1,410,428,000
Market Cap
$49.01 billion
Optionable
Optionable
Beta
1.86

Social Links















SLB Stock - Frequently Asked Questions

Should I buy or sell Schlumberger stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 18 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 2022?

18 Wall Street analysts have issued 12-month target prices for Schlumberger's shares. Their SLB share price forecasts range from $42.00 to $59.00. On average, they predict the company's stock price to reach $47.01 in the next year. This suggests a possible upside of 35.7% from the stock's current price.
View analysts price targets for SLB
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 start of the year. Since then, SLB stock has increased by 15.7% and is now trading at $34.65.
View the best growth stocks for 2022 here
.

When is Schlumberger's next earnings date?

Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, October 28th 2022.
View our SLB earnings forecast
.

How were Schlumberger's earnings last quarter?

Schlumberger Limited (NYSE:SLB) announced its quarterly earnings data on Friday, July, 22nd. The oil and gas company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.10. The oil and gas company had revenue of $6.77 billion for the quarter, compared to analyst estimates of $6.28 billion. Schlumberger had a net margin of 10.56% and a trailing twelve-month return on equity of 15.06%. The firm's revenue was up 20.2% on a year-over-year basis. During the same period last year, the company earned $0.30 EPS.
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, July 21st. Shareholders of record on Wednesday, September 7th will be paid a dividend of $0.175 per share on Thursday, October 13th. This represents a $0.70 annualized dividend and a yield of 2.02%. The ex-dividend date is Tuesday, September 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 2.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLB will have a dividend payout ratio of 25.45% 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 issued an update on its FY 2022 earnings guidance on Friday, July, 29th. 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 $25.71 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 investors include Jennison Associates LLC (2.04%), Van ECK Associates Corp (1.01%), Allen Investment Management LLC (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Strs Ohio (0.12%) and State Board of Administration of Florida Retirement System (0.11%). 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, Saul R Laureles, Simon Farrant 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 $34.65.

How much money does Schlumberger make?

Schlumberger (NYSE:SLB) has a market capitalization of $49.01 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 $1.84 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 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 8/9/2022 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 | contact@marketbeat.com | (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 | Privacy Policy | 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 Barchart's disclaimer.