|Bid||30.20 x 40000|
|Ask||30.50 x 40000|
|Day's Range||30.30 - 30.40|
|52 Week Range||28.40 - 56.33|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||20.34|
|Forward Dividend & Yield||1.78 (5.09%)|
|1y Target Est||N/A|
Sometimes a great stock with CAN SLIM traits needs to form two bases before breaking out to big gains. Look for a base-on-base pattern. Winnebago built one last year.
Schlumberger Limited. (NYSE: SLB ) last week reported solid second-quarter results and management indicated they were comfortable with the consensus expectations for the third quarter. The company is likely ...
Schlumberger Ltd. has been trying to stabilize around $35. In this daily bar chart of SLB, below, we can see that prices are below the declining 200-day moving average line. The daily On-Balance-Volume (OBV) line has only made a slight improvement since early June so we cannot say that buyers have really turned more aggressive.
The oilfield services provider also posted higher-than-expected second-quarter revenue and a year-over-year profit increase, as demand in international markets countered weakness in North America. Its earnings of 35 cents a share were in line with analysts' expectations, but shares fell as much as 3% in early trading amid forecasts for continued soft demand for oilfield services in North America. "North America remains a challenging environment," Le Peuch told investors on Friday during a conference call, pointing to softer pricing and an overcapacity of equipment, particularly in hydraulic fracturing.
Schlumberger earnings fell in line with Q2 views. The oil field services named Oliver Le Peuch as CEO as of Aug. 1. Schlumberger stock rose slightly.
Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the top oilfield services provider bets on a technology expert to steer it back to its strengths in high-tech equipment. The change of guard comes when the oilfield services industry is buffeted by moderating demand as oil producers cut back spending to mollify investors seeking higher returns and use fewer equipment to extract crude oil. A veteran who has been with the company for more than three decades, Le Peuch was being groomed as a successor and was in February named the chief operating officer, a role Kibsgaard held before his elevation to the top role in August 2011.
Schlumberger shares were indicated higher in pre-market trading Friday after it reported stronger-than-expected second quarter earnings, offsetting news that longtime boss Paal Kigsbaard will step down from his role as CEO and chairman after more than two decades with the oil services group.
The 55-year-old Frenchman, appointed as Schlumberger's chief operating officer in February and seen as its CEO- in-waiting, is being watched for signs he plans to return the top oil services provider by revenue to its roots in high-tech equipment and services. Since current CEO Paal Kibsgaard took charge in August 2011, the company has overspent on costly program-management ventures, paid $430 million for pressure pumping gear as the market became oversaturated, and seen its share price tumble about 58%. Le Peuch, an electrical engineer by training with more than three decades at the company, is expected to take over this year from Kibsgaard.
is by far the largest individual holding within the oil services ETF, making up more than 21% of the fund's net assets. Schlumberger shares bounced a bit on Thursday in response to the tanker attacks in the Gulf of Oman, but they're still trading down some 70% from the 2014 highs. It wasn't all that long ago that Schlumberger was viewed as a market darling and a premier name in the energy sector.
Shares of Schlumberger Limited. (NYSE: SLB ) are down about 50 percent over the past year and trading at a compelling valuation that offsets current concerns, according to Stifel. The Analyst Stifel's ...
Already being hammered by declining oil prices, the trade war and investors shifting away from riskier assets, downgrades from a major ratings agency could be the next headwind faced by cap-weighted oil ...
Top Oilfield Services Stocks: Changes in Institutional OwnershipInstitutional investors added to their positionsTogether, the top ten institutional investors in Schlumberger (SLB) added 20.7 million Schlumberger shares to their positions in the
On CNBC's "Mad Money Lightning Round," Jim Cramer said his charitable trust fund owns Schlumberger Limited (NYSE: SLB ) and the position was disappointing. Instead of Schlumberger, he would ...
Schlumberger Limited (NYSE: SLB ) reported first-quarter results April 18 that were in-line with expectations while announcing disappointing second-quarter guidance. The Street is estimating 2020 EPS of ...