SCL.L - Schlumberger Limited

LSE - LSE Delayed price. Currency in USD
46.30
0.00 (0.00%)
At close: 3:02PM GMT
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Previous close46.30
Open29.52
Bid0.00 x 0
Ask0.00 x 0
Day's range29.52 - 29.52
52-week range29.52 - 4,630.00
Volume1,459
Avg. volume8,288
Market cap47.78B
Beta (5Y monthly)1.68
PE ratio (TTM)N/A
EPS (TTM)-7.32
Earnings dateN/A
Forward dividend & yield2.00 (4.32%)
Ex-dividend date11 Feb 2020
1y target estN/A
  • Business Wire

    Schlumberger Announces First-Quarter 2020 Results Conference Call

    Schlumberger Limited (NYSE: SLB) will hold a conference call on April 17, 2020 to discuss the results for the first quarter ending March 31, 2020.

  • Schlumberger Chief: Crazy Shale Growth Is A Thing Of The Past
    Oilprice.com

    Schlumberger Chief: Crazy Shale Growth Is A Thing Of The Past

    The crazy rate of production growth seen in US shale over the last five years is a thing of the past according to Schlumberger CEO Le Peuch

  • Reuters - UK Focus

    INSIGHT-Argentina's energy bust spawns 'ghost town' in prized Vaca Muerta

    AÑELO, Argentina, Feb 19 (Reuters) - Just weeks into his young administration, Argentina's new president convened a meeting with executives from Chevron Corp, Royal Dutch Shell PLC and other oil companies in a bid to smooth things over with an industry which he had slammed as a candidate months before. In a fence-mending session Jan. 16, Fernandez apologized to energy executives for the mixed signals, according to an industry source with direct knowledge of the meeting.

  • Why Is Schlumberger (SLB) Down 11.2% Since Last Earnings Report?
    Zacks

    Why Is Schlumberger (SLB) Down 11.2% Since Last Earnings Report?

    Schlumberger (SLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Do These 3 Checks Before Buying Schlumberger Limited (NYSE:SLB) For Its Upcoming Dividend
    Simply Wall St.

    Do These 3 Checks Before Buying Schlumberger Limited (NYSE:SLB) For Its Upcoming Dividend

    Schlumberger Limited (NYSE:SLB) stock is about to trade ex-dividend in 3 days time. You will need to purchase shares...

  • Coronavirus has caused an 'oil demand shock' to prices: Goldman Sachs
    Yahoo Finance

    Coronavirus has caused an 'oil demand shock' to prices: Goldman Sachs

    Oil prices have hit the skids thanks to the coronavirus.

  • Oil's Contractors Are Contracting, and That's Good
    Bloomberg

    Oil's Contractors Are Contracting, and That's Good

    (Bloomberg Opinion) -- Kinder Morgan Inc. just issued the thrilling news that it plans to grow profits by 0% this year. That counts as a win in energy in 2020.The pipelines giant was something of a bellwether in late 2015 when it slashed its dividend and soon after did the same to its growth plans. This process reached a logical conclusion of sorts in the full year results presented Wednesday evening. After the usual bullish remarks about natural gas, management outlined a plan to keep spending tight so it could bump the divided up on flat Ebitda. Having chipped away at its debts over the past four years or so, several asset sales allowed leverage to dip a bit further. And even as the project backlog drifted lower, any scurrilous talk of M&A on the earnings call was quashed swiftly.This is your U.S. energy playbook for the foreseeable future, folks.Kinder isn't a bellwether this time; the shrinkage doctrine is cropping up all over. We've just been treated to a set of results from the big oilfield services companies best described as managed retreat. Like Kinder Morgan's gas commentary, Schlumberger Ltd. made its customarily upbeat remarks about the outlook for international drilling activity on its own earnings call last week. Yet the action items are largely a set of retrenchments: job cuts, technology franchising (read: asset-light) and exiting or potentially exiting commoditized businesses such as artificial lift, fracking equipment and drilling tools. Similarly, Halliburton Co. touted growth prospects overseas, while carrying out “initial personnel reductions and real estate rationalization” as its core U.S. land business continues to suffer. Both companies are back to trading at discounts last seen when the oil crash was only just getting underway.The contractors are taking their lead from their clients. Both ConocoPhillips and Chevron Corp. closed out 2019 with declarations of restraint; one via a strategy presentation and the other with a big write-down. Similarly, the shortest run of year-over-year job gains in the U.S. upstream business since 2002 effectively ended in November (see this). It’s tough for even this habitually upbeat industry to talk a big game when (a) natural gas prices are comatose in the middle of JANUARY and (b) despite a year’s worth of Middle East drama having been crammed into just a few weeks, oil futures are lower now than they were after that last supposed game-changer in Saudi Arabia back in September:Evident caution on the part of oil and gas enablers such as pipeline operators and rig contractors is a clear sign the mantra of reducing capital intensity is taking over. After a decade like the one just gone, with many billions wasted in pursuit of sheer market share, that is no bad thing. Plus, with efforts to address climate change — itself essentially a war on waste — this decade brings added pressure to run an extraordinarily tight ship.Old habits die hard, and not everyone gets it. But with E&P earnings season about to kick off, it is worth noting that Kinder Morgan, with guidance roughly as exciting as cocktail hour at a pipelines conference, leads the energy sector on Thursday morning.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Trader Reaction to 29279 Sets the Tone
    FX Empire

    E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Trader Reaction to 29279 Sets the Tone

    Given the prolonged move up in terms of price and time, the direction of the March E-mini Dow Jones Industrial Average on Monday is likely to be determined by trader reaction to Friday’s close at 29279.

  • Reuters - UK Focus

    US STOCKS-Wall Street hits new highs in strongest week since August

    Analysts expect earnings at S&P 500 companies to drop 0.8% in the fourth quarter, but forecast a 5.8% rise in the first quarter of 2020, according to Refinitiv IBES data. Billionaire David Tepper, who founded hedge fund Appaloosa Management, told CNBC that he remains bullish on U.S. equities. The Dow Jones Industrial Average rose 0.17% to end at 29,348.1 points, while the S&P 500 gained 0.39% to 3,329.62.

  • Reuters - UK Focus

    US STOCKS-Wall Street strikes new high as housing data fuels optimism

    Analysts expect earnings at S&P 500 companies to drop 0.8% in the fourth quarter, but forecast a 5.8% rise in the first quarter of 2020, according to Refinitiv IBES data. Billionaire David Tepper, who founded hedge fund Appaloosa Management, told CNBC that he remains bullish on U.S. equities. At 2:42 p.m. ET, the Dow Jones Industrial Average was up 0.08% at 29,321 points, while the S&P 500 gained 0.22% to 3,323.95.

  • Investing.com

    Day Ahead: Top 3 Things to Watch for Jan. 17

    Investing.com - Here are three things that could rock the markets tomorrow.

  • Trade deal, big bank earnings, retail sales — What to know in the week ahead
    Yahoo Finance

    Trade deal, big bank earnings, retail sales — What to know in the week ahead

    The "phase one" trade deal, big bank earnings and retail sales will take the spotlight in a busy week ahead.

  • Trade of the Decade: Why one expert thinks it's time to get into energy stocks
    Yahoo Finance

    Trade of the Decade: Why one expert thinks it's time to get into energy stocks

    Energy stocks have lagged the broader market for the past year and past decade -- but they could be the trade of the 2020s, according to David Mazza of Direxion.

  • Schlumberger CFO Simon Ayat to be replaced by Stephane Biguet
    Reuters

    Schlumberger CFO Simon Ayat to be replaced by Stephane Biguet

    Reuters last year reported that Biguet, a 24-year veteran of the company and currently the vice president of finance, was slated to succeed Ayat as the company's finance chief. The move comes shortly after former chief operating officer Olivier Le Peuch took over the top job in July, following years of declines in share price and a hit from cuts in spending by U.S. oil and gas producers. "It's not uncommon for companies the size of Schlumberger that when a new CEO comes in to want his/her own CFO in place," Tudor, Pickering, Holt and Co analyst Byron Pope said.

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