SLB - Schlumberger Limited
29.70 +0.36 (1.23%)
After hours: 7:21PM EST
| Previous close | 30.93 |
| Open | 30.99 |
| Bid | 29.55 x 1100 |
| Ask | 29.78 x 1100 |
| Day's range | 29.22 - 31.05 |
| 52-week range | 29.22 - 48.88 |
| Volume | 18,140,613 |
| Avg. volume | 10,476,503 |
| Market cap | 39.973B |
| Beta (5Y monthly) | 1.68 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -7.32 |
| Earnings date | 15 Apr 2020 - 19 Apr 2020 |
| Forward dividend & yield | 2.00 (5.80%) |
| Ex-dividend date | 10 Feb 2020 |
| 1y target est | 43.18 |
- 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.
- 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.
- 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...
- Yahoo Finance
Coronavirus has caused an 'oil demand shock' to prices: Goldman Sachs
Oil prices have hit the skids thanks to the coronavirus.
- Zacks
Energy Stock Earnings Line-up for Jan 31: CVX, XOM & IMO
The latest Earnings Outlook indicates that the energy sector's Q4 results might reflect a 47.1% nosedive from the year-ago reported figure.
- Simply Wall St.
Do Investors Have Good Reason To Be Wary Of Staatl. Mineralbrunnen AG's (MUN:SLB) 1.3% Dividend Yield?
Dividend paying stocks like Staatl. Mineralbrunnen AG (MUN:SLB) tend to be popular with investors, and for good reason...
- Zacks
5 Oil & Gas Stocks Likely to Surpass Q4 Earnings Estimates
The latest Earnings Preview implies a 47.2% slump in the energy sector's fourth-quarter earnings from the year-ago reported number.
- Zacks
US Oil Drillers Add Rigs Despite Conservative Capital Budget
Domestic oil drillers may again remove rigs since explorers have decided to curb spending on the drilling of new wells for the second straight year in 2020.
- 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.
- Zacks
Things You Should Know from Halliburton's (HAL) Q4 Earnings
Well aware of the tough operating environment, Halliburton (HAL) aims to protect its cash flows in 2020.
- Zacks
What Do Q4 Earnings Say About Oil Service ETFs?
Schlumberger and Halliburton have surpassed earnings estimates in Q4 and put these ETFs in focus.
- Zacks
Oil & Gas Stock Roundup: Schlumberger's Q4, Eni's Agogo Start-Up & More
Schlumberger (SLB) reported upbeat Q4 earnings on strength in its international operations. Meanwhile, Eni (E) announced the flow of first oil from the Agogo field, offshore Angola.
- Zacks
Halliburton (HAL) Q4 Earnings Top on International Activity
Halliburton's (HAL) Drilling and Evaluation unit profit jumps from $185 million in the fourth quarter of 2018 to $224 million in the corresponding quarter of 2019.
- Zacks
Stock Market News for Jan 20, 2020
Benchmarks closed in the green on Friday, and ended the week at record highs banking on strong economic data and solid fourth-quarter earnings results.
- Zacks
Chevron's Venezuela Operations Get Another 90-Day Waiver
Had there been no waiver extensions, Chevron's (CVX) exit would follow close on the heels of various other U.S.-based players that left Venezuela.
- Zacks
Oil Drillers Add Rigs in Permian Basin and Eagle Ford Shale
Domestic drillers may again remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.
- 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.
- Oilprice.com
The Single Biggest Factor In Oil This Week
China has been the key oil price driver this week, with phase one of the trade deal driving prices higher before worrying economic data from the country dragged prices lower
- 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.
- Zacks
Schlumberger (SLB) Q4 Earnings & Revenues Beat Estimates
Improved OneSubsea revenues from the international market aid Schlumberger (SLB) in Q4 earnings.
