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 (WHO). Since then, SLB shares have decreased by 17.8% and is now trading at $14.29. View which stocks have been mosted impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 3 sell ratings, 9 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Schlumberger.

Schlumberger is scheduled to release its next quarterly earnings announcement on Friday, April 17th 2020. View our earnings forecast for Schlumberger.

Schlumberger will be holding an earnings conference call on Friday, April 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Schlumberger Limited. (NYSE:SLB) released its earnings results on Friday, January, 17th. The oil and gas company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.02. The oil and gas company had revenue of $8.23 billion for the quarter, compared to the consensus estimate of $8.16 billion. Schlumberger had a positive return on equity of 6.77% and a negative net margin of 30.80%. The company's revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.36 earnings per share. View Schlumberger's earnings history.

Schlumberger announced a quarterly dividend on Friday, January 17th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.50 per share on Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a yield of 14.00%. The ex-dividend date of this dividend is Tuesday, February 11th. View Schlumberger's dividend history.

24 brokerages have issued twelve-month price objectives for Schlumberger's shares. Their forecasts range from $11.50 to $55.00. On average, they expect Schlumberger's share price to reach $33.18 in the next twelve months. This suggests a possible upside of 132.2% from the stock's current price. View analysts' price targets for Schlumberger.

News headlines about SLB stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Schlumberger earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutSchlumberger.

Some companies that are related to Schlumberger include Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Seacor (CKH), RPC (RES), Oceaneering International (OII), Tidewater (TDW), Matrix Service (MTRX), Helix Energy Solutions Group (HLX), Oil States International (OIS), McDermott International (MDR), Era Group (ERA), Geospace Technologies (GEOS) and Newpark Resources (NR).

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), Noble Energy (NBL), JPMorgan Chase & Co. (JPM), Gilead Sciences (GILD) and General Electric (GE).

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

Schlumberger's stock is owned by many different retail and institutional investors. Top institutional investors include Park National Corp OH (0.02%), Deane Retirement Strategies Inc. (0.01%), Woodstock Corp (0.01%), Neville Rodie & Shaw Inc. (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and First Financial Bank Trust Division (0.00%). Company insiders that own Schlumberger stock include Alexander C Juden, Claudia Jaramillo, 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 Neville Rodie & Shaw Inc., and First Financial Bank Trust Division. Company insiders that have sold Schlumberger company stock in the last year include Alexander C Juden, Howard Guild, Mogharbel Khaled Al, Patrick Schorn, Saul R Laureles, Simon Ayat, Simon Farrant, and Stephanie Cox. View insider buying and selling activity for Schlumberger.

SLB stock was purchased by a variety of institutional investors in the last quarter, including Park National Corp OH, Deane Retirement Strategies Inc., Woodstock Corp, and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 $14.29.

Schlumberger has a market capitalization of $19.78 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. View additional information about Schlumberger.

The official website for Schlumberger is http://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]