Should I buy or sell Schlumberger stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 16 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 target for 2024?

16 Wall Street analysts have issued twelve-month target prices for Schlumberger's stock. Their SLB share price targets range from $62.00 to $81.00. On average, they expect the company's share price to reach $70.31 in the next year. This suggests a possible upside of 37.3% from the stock's current price. View analysts price targets for SLB or view top-rated stocks among Wall Street analysts .

How have SLB shares performed in 2024?

Schlumberger's stock was trading at $52.04 on January 1st, 2024. Since then, SLB shares have decreased by 1.6% and is now trading at $51.22. View the best growth stocks for 2024 here .

When is Schlumberger's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 19th 2024. View our SLB earnings forecast .

How can I listen to Schlumberger's earnings call?

Schlumberger will be holding an earnings conference call on Friday, April 19th 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 "4812789".

How were Schlumberger's earnings last quarter?

Schlumberger Limited (NYSE:SLB) posted its earnings results on Friday, January, 19th. The oil and gas company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.02. The oil and gas company had revenue of $8.99 billion for the quarter, compared to analyst estimates of $8.96 billion. Schlumberger had a trailing twelve-month return on equity of 21.97% and a net margin of 12.68%. The firm's revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.71 earnings per share. Read the conference call transcript .

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

Schlumberger declared a quarterly dividend on Thursday, January 18th. Investors of record on Wednesday, February 7th will be paid a dividend of $0.25 per share on Thursday, April 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Tuesday, February 6th. Read our dividend analysis for SLB .

Is Schlumberger a good dividend stock?

Schlumberger (NYSE:SLB) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.92%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLB will have a dividend payout ratio of 23.64% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SLB .

What ETFs hold Schlumberger's stock?

ETFs with the largest weight of Schlumberger (NYSE:SLB) stock in their portfolio include iShares U.S. Oil Equipment & Services ETF (IEZ) , VanEck Oil Services ETF (OIH) , Direxion Daily Oil Services Bull 2X Shares (ONG) , Noble Absolute Return ETF (NOPE) , Invesco Oil & Gas Services ETF (PXJ) , Invesco S&P 500 Equal Weight Energy ETF (RSPG) , Energy Select Sector SPDR Fund (XLE) and iShares U.S. Energy ETF (IYE) .

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) .

Who are Schlumberger's major shareholders?

Schlumberger's stock is owned by many different institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.07%), AMF Tjanstepension AB (0.06%), Douglas Lane & Associates LLC (0.05%), ST Germain D J Co. Inc. (0.05%), Ferguson Wellman Capital Management Inc. (0.04%) and Park National Corp OH (0.02%). Insiders that own company stock include Abdellah Merad , Claudia Jaramillo , Demosthenis Pafitis , Dianne B Ralston , Gavin Rennick , Hinda Gharbi , Howard Guild , Katharina Beumelburg , Kevin Fyfe , La Chevardiere Patrick De , Limited/Nv Schlumberger, Mogharbel Khaled Al , Pierre Chereque , Rajeev Sonthalia, Stephane Biguet 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

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NYSE:SLB

Schlumberger (SLB) Stock Price, News & Analysis

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$51.49

-0.18 (-0.35%)

(As of 03:16 PM ET)

Compare

Today's Range: $50.69
▼
$51.70
50-Day Range: $47.08
▼
$55.21
52-Week Range: $42.73
▼
$62.12

Volume: 7.14 million shs
Average Volume: 11.25 million shs
Market Capitalization: $73.50 billion

P/E Ratio: 17.63
Dividend Yield: 1.94%
Price Target: $70.31

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Schlumberger MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 37.3% Upside
$70.31 Price Target
Short Interest: Healthy
1.36% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -4.23
Upright™ Environmental Score
News Sentiment: 0.60
Based on 23 Articles This Week
Insider Trading: Selling Shares
$8.64 M Sold Last Quarter
Proj. Earnings Growth: 20.17%
From $3.52 to $4.23 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

5.00 out of 5 stars

Oils/Energy Sector

1st out of 242 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

1st out of 18 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 16 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Schlumberger has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.36% of the outstanding shares of Schlumberger have been sold short.
Short Interest Ratio / Days to Cover
Schlumberger has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Schlumberger has recently decreased by 8.15%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Schlumberger pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Schlumberger has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Schlumberger is 34.25%. 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 23.64% next year. This indicates that Schlumberger will be able to sustain or increase its dividend.

1.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Schlumberger has received a -28.57% net impact score from Upright. The largest negative impact of Schlumberger in category "GHG emissions" seems to be driven mostly by its "Oil drilling engineering services", "Petroleum reservoir engineering", "Oil well measurement systems", "Oil pipes", and "Oil wellheads" products. See details.
Environmental Sustainability
The Environmental Impact score for Schlumberger is -4.23.

3.1

News and Social Media Coverage

News Sentiment
Schlumberger has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 23 news articles for Schlumberger this week, compared to 12 articles on an average week.
Search Interest
85 people have searched for SLB on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.
MarketBeat Follows
86 people have added Schlumberger to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.

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 $8,636,322.00 in company stock.
Percentage Held by Insiders
Only 0.26% of the stock of Schlumberger is held by insiders.
Percentage Held by Institutions
81.99% of the stock of Schlumberger is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Schlumberger are expected to grow by 20.17% in the coming year, from $3.52 to $4.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Schlumberger is 17.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Schlumberger is 17.54, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.65.
Price to Earnings Growth Ratio
Schlumberger has a PEG Ratio of 0.94. 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 3.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Schlumberger Stock (NYSE:SLB)

Schlumberger is an international oilfield services company with facilities in many countries worldwide. Founded in 1926 in Paris, France, by brothers Conrad and Marcel Schlumberger, it is currently the world's largest offshore drilling company and the most significant offshore drilling contractor in revenue. Schlumberger Limited was incorporated in 1956 as a holding company and listed on the New York Stock Exchange in 1962.

Schlumberger is a Fortune Global 500 company, listed in Forbes Global 2000, and has a 33-acre campus in Sugar Land, Texas. In 1981, Schlumberger became the first international company to link computers with email, and in 1983, the company opened its Cambridge Research Center in Cambridge, England.

In 2005, Schlumberger purchased Waterloo Hydrogeologic and relocated its U.S. corporate office from New York to Houston. It has since made numerous acquisitions, including Smith International in 2010, a deal valued at $11.3 billion. In 2010, Schlumberger acquired Geoservices in a deal valued at $1.1 billion. In 2014, Schlumberger purchased the remaining shares of SES Holdings Limited (Saxon). Schlumberger agreed to acquire oilfield equipment manufacturer Cameron International in 2015 for $14.8 billion.

As a global provider of technology, integrated project management and information solutions, Schlumberger supplies the petroleum industry with services such as formation evaluation, seismic data processing, well cementing and stimulation, well testing and directional drilling, artificial lift, low assurance and consulting, well completions and software and information management. Schlumberger is at the forefront of the industry with its carbon capture and storage industries and its continued investment in geothermal and hydrogen power.

Schlumberger has had environmental and legal issues, including a radioactive canister recovered in the Western Australian outback in 2006. Schlumberger was also a contractor on the Deepwater Horizon oil rig in the Gulf of Mexico. Despite these issues, Newsweek ranked Schlumberger 118 out of 500 in 2009.

In 2021, Schlumberger made news with the announcement of pilot project agreements between critical industry leaders and the French state. They also made news headlines due to a report of 21,000 layoffs, accounting for 15% of the company's workforce due to the global COVID-19 pandemic.

As an established player in the oilfield services industry, Schlumberger looks poised to continue to expand its presence in the industry and further its mission of providing innovative solutions to the world's energy challenges.

SLB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SLB Stock News Headlines

April 2, 2024 | marketbeat.com

How to Invest in Energy (SLB)

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March 21, 2024 | marketbeat.com

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As the U.S. market hovers near all-time highs, one sector has quietly surged higher and now stands at a critical juncture - the energy sector. While the broader market has experienced a significant uptick year-to-date and achieved new all-time highs, led firmly by the technology sector, the energy sector has steadily increased while remaining out of the limelight.

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March 21, 2024 | marketbeat.com

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April 16, 2024 | investorplace.com

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April 16, 2024 | americanbankingnews.com

Schlumberger (NYSE:SLB) Price Target Raised to $63.00 at Bank of America

April 16, 2024 | americanbankingnews.com

Schlumberger (NYSE:SLB) Shares Up 0.8% Following Analyst Upgrade

April 15, 2024 | reuters.com

Halliburton, Baker Hughes may see deal pressure after SLB's buying spree, industry experts say

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 15, 2024 | finance.yahoo.com

SLB Awarded Three Completion Contracts for Petrobras’ Buzios Field

April 15, 2024 | businesswire.com

SLB Awarded Three Completion Contracts for Petrobras' Buzios Field

April 15, 2024 | businesswire.com

SLB Awarded Three Completion Contracts for Petrobras' Buzios Field

April 14, 2024 | americanbankingnews.com

Schlumberger (NYSE:SLB) Trading Down 0%

April 12, 2024 | americanbankingnews.com

Schlumberger (SLB) Set to Announce Quarterly Earnings on Friday

April 11, 2024 | markets.businessinsider.com

Schlumberger (SLB) Receives a Buy from Wells Fargo

April 9, 2024 | americanbankingnews.com

Schlumberger's (SLB) "Positive" Rating Reiterated at Susquehanna

April 8, 2024 | benzinga.com

Latest News for Schlumberger Stock (NYSE:SLB)

April 8, 2024 | seekingalpha.com

Schlumberger Is Thinking 10 Years Ahead With The ChampionX Acquisition

April 7, 2024 | cnbc.com

Top Wall Street analysts like these 3 dividend stocks for passive income

April 7, 2024 | americanbankingnews.com

Schlumberger (NYSE:SLB) Stock Price Up 0.5%

April 6, 2024 | cnbc.com

Big oil is racing to scale up carbon capture to slash emissions but the challenges are immense

April 6, 2024 | americanbankingnews.com

Q1 2024 EPS Estimates for Schlumberger Limited (NYSE:SLB) Lowered by Analyst

April 5, 2024 | benzinga.com

Schlumberger's Options: A Look at What the Big Money is Thinking

April 5, 2024 | businesswire.com

CHAMPIONX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ChampionX Corporation - CHX

April 4, 2024 | investorplace.com

The 3 Best Oil & Gas Stocks to Buy in April 2024

April 4, 2024 | markets.businessinsider.com

Barclays Remains a Buy on Schlumberger (SLB)

April 3, 2024 | markets.businessinsider.com

Buy Rating Affirmed: Schlumberger’s Acquisition of ChampionX Bolsters Market Position and Long-Term Growth

See More Headlines

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Company Calendar

Last Earnings: 1/19/2024
Ex-Dividend for 4/4 Dividend: 2/06/2024
Dividend Payable: 4/04/2024
Today: 4/16/2024
Next Earnings (Confirmed): 4/19/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: Oil & Gas Equipment & Services
Current Symbol: NYSE:SLB
CUSIP: 80685710
CIK: 87347
Web: www.slb.com
Phone: (713) 513-2000
Fax: 713-513-3500
Employees: 111,000
Year Founded: 1926

Price Target and Rating

Average Stock Price Target: $70.31
High Stock Price Target: $81.00
Low Stock Price Target: $62.00
Potential Upside/Downside: +37.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.92
Trailing P/E Ratio: 17.54
Forward P/E Ratio: 14.55
P/E Growth: 0.94
Net Income: $4.20 billion
Net Margins: 12.68%
Pretax Margin: 15.94%
Return on Equity: 21.97%
Return on Assets: 9.44%

Debt

Debt-to-Equity Ratio: 0.51
Current Ratio: 1.32
Quick Ratio: 1.00

Sales & Book Value

Annual Sales: $33.14 billion
Price / Sales: 2.21
Cash Flow: $4.56 per share
Price / Cash Flow: 11.22
Book Value: $14.96 per share
Price / Book: 3.42

Miscellaneous

Outstanding Shares: 1,427,400,000
Free Float: 1,423,684,000
Market Cap: $73.10 billion
Optionable: Optionable
Beta: 1.60

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Key Executives

Mr. Olivier Le Peuch (Age 60)
CEO & Director
Comp: $5.23M
Mr. Stephane Biguet (Age 55)
Executive VP & CFO
Comp: $2.25M
Ms. Dianne B. Ralston (Age 57)
Chief Legal Officer & Secretary
Comp: $1.97M
Mr. Khaled Al Mogharbel (Age 53)
Executive Vice President of Geographies
Comp: $2.38M
Mr. Abdellah Merad (Age 50)
Executive Vice President of Core Services & Equipment
Comp: $2.25M
Mr. Howard Guild (Age 52)
Chief Accounting Officer
Mr. Demosthenis Pafitis (Age 56)
Chief Technology Officer
Mr. Sebastien Lehnherr
Chief Information Officer
Mr. James R. McDonald (Age 45)
Senior Vice President of Investor Relations and Industry Affairs
Giles Powell
Director of Corporate Communication

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Schlumberger Stock? SLB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Schlumberger Limited:

Schlumberger Limited engages in the provision of technology for the energy industry worldwide, offering a diverse range of services and products for field development, hydrocarbon production, and more.
The company operates through four divisions, including Digital & Integration, Reservoir Performance, Well Construction, and Production Systems, showcasing a well-diversified business model.
Recent developments in the energy industry have increased the demand for Schlumberger's services, potentially leading to revenue growth and improved profitability.
With the current stock price at an attractive level, investors may find an opportunity to enter the market at a favorable valuation.
Schlumberger's focus on innovation and technology positions it well to adapt to changing market conditions and stay competitive in the industry.

Cons

Investors should be bearish about investing in Schlumberger Limited for these reasons:

The oil & gas field services industry, where Schlumberger operates, can be highly cyclical and dependent on oil prices, leading to potential volatility in the company's financial performance.
Global economic uncertainties and geopolitical factors may impact the demand for energy services, affecting Schlumberger's revenue and profitability.
Competition in the oil & gas equipment and services subindustry is intense, with other major players vying for market share, potentially limiting Schlumberger's growth prospects.
Regulatory changes and environmental concerns could pose challenges for Schlumberger's operations, requiring the company to adapt to evolving industry standards and regulations.
Investors should carefully monitor market trends and industry developments to assess the long-term sustainability of Schlumberger's business model and growth potential.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Schlumberger pros and cons to contact@marketbeat.com.

SLB Stock Analysis - Frequently Asked Questions

Should I buy or sell Schlumberger stock right now?: 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 16 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 target for 2024?: 16 Wall Street analysts have issued twelve-month target prices for Schlumberger's stock. Their SLB share price targets range from $62.00 to $81.00. On average, they expect the company's share price to reach $70.31 in the next year. This suggests a possible upside of 37.3% from the stock's current price.
View analysts price targets for SLB or view top-rated stocks among Wall Street analysts.
How have SLB shares performed in 2024?: Schlumberger's stock was trading at $52.04 on January 1st, 2024. Since then, SLB shares have decreased by 1.6% and is now trading at $51.22.
View the best growth stocks for 2024 here.
When is Schlumberger's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, April 19th 2024.
View our SLB earnings forecast.
How can I listen to Schlumberger's earnings call?: Schlumberger will be holding an earnings conference call on Friday, April 19th 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 "4812789".
How were Schlumberger's earnings last quarter?: Schlumberger Limited (NYSE:SLB) posted its earnings results on Friday, January, 19th. The oil and gas company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.02. The oil and gas company had revenue of $8.99 billion for the quarter, compared to analyst estimates of $8.96 billion. Schlumberger had a trailing twelve-month return on equity of 21.97% and a net margin of 12.68%. The firm's revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.71 earnings per share.
Read the conference call transcript.
How often does Schlumberger pay dividends? What is the dividend yield for Schlumberger?: Schlumberger declared a quarterly dividend on Thursday, January 18th. Investors of record on Wednesday, February 7th will be paid a dividend of $0.25 per share on Thursday, April 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Tuesday, February 6th.
Read our dividend analysis for SLB.
Is Schlumberger a good dividend stock?: Schlumberger (NYSE:SLB) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.92%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLB will have a dividend payout ratio of 23.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLB.

What ETFs hold Schlumberger's stock?: ETFs with the largest weight of Schlumberger (NYSE:SLB) stock in their portfolio include iShares U.S. Oil Equipment & Services ETF (IEZ), VanEck Oil Services ETF (OIH), Direxion Daily Oil Services Bull 2X Shares (ONG), Noble Absolute Return ETF (NOPE), Invesco Oil & Gas Services ETF (PXJ), Invesco S&P 500 Equal Weight Energy ETF (RSPG), Energy Select Sector SPDR Fund (XLE) and iShares U.S. Energy ETF (IYE).
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).
Who are Schlumberger's major shareholders?: Schlumberger's stock is owned by many different institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.07%), AMF Tjanstepension AB (0.06%), Douglas Lane & Associates LLC (0.05%), ST Germain D J Co. Inc. (0.05%), Ferguson Wellman Capital Management Inc. (0.04%) and Park National Corp OH (0.02%). Insiders that own company stock include Abdellah Merad, Claudia Jaramillo, Demosthenis Pafitis, Dianne B Ralston, Gavin Rennick, Hinda Gharbi, Howard Guild, Katharina Beumelburg, Kevin Fyfe, La Chevardiere Patrick De, Limited/Nv Schlumberger, Mogharbel Khaled Al, Pierre Chereque, Rajeev Sonthalia, Stephane Biguet 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
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.
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This page (NYSE:SLB) was last updated on 4/16/2024 by MarketBeat.com Staff

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Schlumberger (SLB) Stock Price, News & Analysis

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