|Bid||61.58 x 200|
|Ask||62.67 x 200|
|Day's Range||61.22 - 62.10|
|52 Week Range||61.02 - 87.84|
|PE Ratio (TTM)||485.98|
|Earnings Date||Jan 18, 2018 - Jan 22, 2018|
|Forward Dividend & Yield||2.00 (3.15%)|
|1y Target Est||74.68|
Schlumberger’s (SLB) correlation with crude oil from November 10–17, 2017, was 0.67. Its correlation with the Dow Jones Industrial Average for the same period was 0.72.
Schlumberger (SLB) released its 3Q17 financial results on October 20, 2017. Since then, its implied volatility has fallen marginally from 20% to 19.2%.
Schlumberger’s (SLB) one-week return was -6% through November 17, 2017. In this series, we'll look at Schlumberger and its correlation with crude oil.
Oil prices were gaining Friday after a tough week of declines. Schlumberger saw it coming in its most recent earnings report Oct. 20.
U.S. stocks fell on Wednesday as energy sector shares dropped for a fourth straight session, tracking crude prices, while a late run-up was thwarted by concerns over the passage of a tax revamp after Republican senators were critical of the proposal. The S&P 500 energy sector notched a four-day decline of 4 percent, its weakest such period in 14 months. "Oil coming off recent highs and as crude prices move so (do) the big energy stocks," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.
In week 44, which ended November 4, 2017, Norfolk Southern’s (NSC) railcar volumes rose slightly by 0.2%. However, intermodal shipments rose 7.9%.
French oilfield services company Schlumberger said on Wednesday that Ecuador has not complied with a payment agreement to cover some of its $850 million in debt, complicating its operations in the Andean nation. Ecuador, the smallest producer in OPEC, promised to fulfill its obligation with the oil company in tranches but failed to make a payment of $350 million in November via a bond issuance by state oil company Petroamazonas. "The company registers the failure to pay $350 million, out of a debt recognized by Ecuador's ministry of finance of $850 million and which has been paid in installments with a series of delays," Schlumberger said in a statement.
Rating Action: Moody's rates Schlumberger Finance Canada notes A1; stable outlook. Global Credit Research- 14 Nov 2017. Proposed issuance of notes guaranteed by Schlumberger Limited.
On October 20, 2017, Schlumberger (SLB) released its 3Q17 financial results. Since then, its implied volatility has increased marginally from 20% to 20.5% as of November 10, 2017.
Schlumberger’s (SLB) one-week return was 3% on November 10, 2017. In comparison, since November 3, 2017, the Energy Select Sector SPDR ETF (XLE) has risen 1%.
In this article, we will look at Wall Street analysts’ targets for our select oilfield equipment and services (or OFS) stocks.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Schlumberger NV. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bearish 50 ... Read more (Read more...)
Short interest in Schlumberger (SLB) as a percentage of its float was 1.4% as of November 6, 2017, compared to 1.5% as of September 29, 2017.
In this series, we'll compare four large oilfield equipment & services (or OFS) companies based on their balance sheet strength, market indicators, as well as relative valuation multiples.
In 3Q17, SLB's revenues generated outside of North America rose 13% YoY, but SLB’s international revenue share remained unchanged YoY at 66% in 3Q17.
In 3Q17, Schlumberger (SLB) reported $545 million in net income—a huge improvement over 3Q16, when SLB recorded only $176 million in net income.
CSX (CSX) moved ~69,500 railcars in the 43rd week of 2017, which was 4,900 fewer units than its 74,400 carloads during the 43rd week of 2016.
Crude oil is trading at its highest level in two years as tensions flare up in the Middle East between Saudi Arabia and Iran. This comes after the Saudi King ordered the arrests of dozens of people over the weekend including 11 Princes in an anti-corruption sting. Yahoo Finance's Jared Blikre explains why oil prices could go much higher from here.