|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||120.00 - 122.01|
|52 Week Range||86.55 - 122.78|
|PE Ratio (TTM)||64.63|
|Earnings Date||Apr 25, 2018|
|Forward Dividend & Yield||2.20 (1.88%)|
|1y Target Est||118.14|
Schlumberger (SLB) released its 1Q18 financial results on April 20. The company recorded total revenues of ~$7.83 billion in 1Q18, up 13.6% from $6.89 billion recorded in 1Q17. Year-over-year, Schlumberger’s revenues for 1Q18 increased, mostly due to 51.5% higher revenues from North America resulting from higher onshore upstream activity, which boosted demand for SLB’s rotary steerable systems used in US shale oil production.
AMSTERDAM, April 17, 2018 /PRNewswire/ -- The Board of Supervisory Directors of Core Laboratories N.V. (NYSE: "CLB US" and Euronext Amsterdam Exchange: "CLB NA") has announced a cash dividend of $0.55 per share of common stock payable in the second quarter of 2018. This second quarter dividend would mean a total payout of $2.20 per share of common stock, if maintained for the entire year. The quarterly $0.55 per share cash dividend will be payable on Tuesday, 22 May 2018, to shareholders of record on Friday, 27 April 2018. Any determination to declare a future quarterly cash dividend, as well as the amount of any such cash dividend that may be declared, will be based on the Company's financial position, earnings, earnings outlook, capital expenditure plans, ongoing share repurchases, potential acquisition opportunities, and other relevant factors at the time.
In 1Q18, analysts expect $0.06 in adjusted earnings per share (or EPS) for Baker Hughes, a GE Company (BHGE). So Street analysts expect BHGE’s adjusted earnings to decline sharply, by 58% from the 4Q17 adjusted earnings of $0.15 per share. Low upstream energy activity and challenging pricing in the subsea business, a muted Turbomachinery segment due to lower LNG (liquefied natural gas) activity, a lower-margin downstream backlog, and decreased transaction services in the oilfield equipment segment are all expected to result in the 1Q18 earnings decline. ...
David Demshur, CEO, Larry Bruno, President, Richard Bergmark, CFO, Monty Davis, COO, Chris Hill, CAO, and Gwen Schreffler, SVP Investor Relations will discuss financial and operating results. An earnings press release will be issued after market close on April 25th and may be accessed through the Company's website at www.corelab.com. To participate in the live webcast, simply log on to www.corelab.com at least fifteen minutes prior to the start of the call. For those who are not available to listen to the live webcast, a Podcast will be available immediately following the conference call and a replay will be available on Core's website shortly after the call which will remain on the site for 10 days.
Companies that commit to paying dividends consistently have to pay closer attention to capital allocation. That's why we're excited about these three stocks with yields north of 2%.
Schlumberger (SLB) is the largest US oilfield equipment and services company. Schlumberger’s stock price has weakened in the market in the past year. On February 23, 2018, Schlumberger was trading at $66.50, which is ~17% lower than its price a year ago.
One-on-one meeting requests are open on conference registration page for buyside attendees DENVER , Feb. 15, 2018 /PRNewswire/ -- EnerCom's Texas -based oil and gas investment conference—EnerCom Dallas—will ...
EnerCom Oilfield Tech & Innovation Conference showcases new technologies and products for the oilfield; conference brings together technology providers, sources of capital and E&P teams DENVER , Feb. 13, ...
The U.S. Securities and Exchange Commission joined the Department of Justice in dropping investigations of potential bribery by Core Laboratories NV, the Dutch oil-services firm said Monday.
After a brutal multi-year downturn, this oil CEO sees two trends that should catapult his company’s results, which could take its stock up with it.