|Bid||68.4400 x 1100|
|Ask||68.4400 x 1400|
|Day's Range||68.1600 - 69.8995|
|52 Week Range||61.0200 - 80.3500|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 20, 2018|
|Forward Dividend & Yield||2.00 (3.04%)|
|1y Target Est||79.72|
A company’s net debt is its aggregate short- and long-term debt minus cash and cash equivalents. Schlumberger’s (SLB) net debt increased 20% in the first quarter from a year ago. Its net debt amounted to ~$13.9 billion in Q1 2018. Sequentially, SLB’s net debt increased 6%. Check out all the data we’ve added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look! Schlumberger’s debt
In the first quarter, Schlumberger’s (SLB) North American revenue share increased to ~37% of SLB’s total revenues, compared to 28% in Q1 2017. In comparison, Halliburton (HAL) generated 61% of its first-quarter revenues in North America.
Schlumberger’s production group witnessed the highest revenue growth (~35%) in the first quarter compared to Q1 2017, followed by the Drilling (7.1%) and Cameron (5%) groups. On the other hand, the Reservoir Characterization group saw a 3.8% revenue fall.
Schlumberger (SLB) thinks that, in 2018, exploration and production capex spent by upstream energy companies in North America will grow 20%. In international markets, it expects growth of 5%, which should be a positive catalyst for the oilfield equipment and services (or OFS) provider Schlumberger. On the first quarter earnings conference call, SLB’s chairman and CEO, Paal Kibsgaard, commented, “In spite of these clear signs of a tightening oil market, there has been no upwards revision to 2018 E&P spending with North American and International upstream investments still expected to grow in the range of 20% and 5% respectively.
Schlumberger Limited (SLB) is the largest US oilfield equipment and service (or OFS) company. Its stock price has risen in the past year. Read a comparison of SLB with its lower-market-cap peer Halliburton (HAL) in Market Realist’s Schlumberger and Halliburton Compared to the Industry. OIH tracks an index of 25 oilfield equipment and services companies.
Energy stocks have continued to outperform as oil prices rise. Discover three ETFs that provide exposure to the equipment and services subsector.
Oil field services giant Schlumberger predicted the rise in oil prices, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
As shares of General Electric Company (NYSE:GE) have plunged, the calls for a breakup have grown louder. Bulls see the true value of GE stock as clouded by issues at GE Capital and weakness in divisions such as Lighting and Transportation. With two still-growing businesses — Aviation and Healthcare — plus a 62.5% stake in Baker Hughes a GE Co (NYSE:BHGE), optimists argue there has to be some value in General Electric stock, particularly after a 50%-plus decline from 2016 highs.
Schlumberger’s (SLB) correlation with crude oil prices from May 11 to May 18 was 0.10, which is a weak correlation. A weak positive correlation implies that the stock loosely tracked crude oil’s moves.
On May 18, Schlumberger’s (SLB) implied volatility was 19.9%. Schlumberger released its first-quarter financial results on April 20. Since then, Schlumberger’s implied volatility has fallen from 24.1% to this level. Since April 20, SLB’s stock price has risen 7.3%. SLB makes up 3.0% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES). XES provides exposure to the oil and gas equipment and services segment of the energy sector. XES has risen 12% since April 20. Schlumberger’s seven-day stock price forecast
Schlumberger (SLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The economic and political crisis that has gripped Venezuela has played a big part in the rise of oil prices to recent highs and there's no sign of relief on the way.
On Thursday, May 17, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Oil & Gas Equipment & Services equities this morning: Schlumberger Ltd (NYSE: SLB), Superior Energy Services Inc. (NYSE: SPN), TETRA Technologies Inc. (NYSE: TTI), and Weatherford International PLC (NYSE: WFT).
Schlumberger Limited (SLB) will hold a conference call on July 20, 2018 to discuss the results for the second quarter ending June 30, 2018. The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis.
In the week ended May 11, the oil rig count rose by ten to 844—the highest level in more than three years. US crude oil price and oil rig count movement usually follows a pattern. Oil prices tend to lead rig count changes by three to six months. The graph below illustrates the pattern.
Paal Kibsgaard took the reins as CEO of Schlumberger Limited’s (NYSE:SLB) and grew market cap to US$98.46B recently. Understanding how CEOs are incentivised to run and grow their company isRead More...
Schlumberger’s (SLB) correlation with crude oil from May 4 through May 11 was 0.76, which indicates a strong, positive correlation. It implies that the stock is closely tracking crude oil. Schlumberger’s correlation with the VanEck Vectors Oil Services ETF (OIH) from May 4 through May 11 was 0.94.
On May 11, Schlumberger’s (SLB) implied volatility was 20.3%. It released its 1Q18 financial results on April 20. Since then, its implied volatility has decreased from 24.1% to 20.3%. Since April 20, SLB stock has risen 2.7%.
Baker Hughes, a GE Company (BHGE), released its US crude oil rig count report on May 11. Baker Hughes reported that US crude oil rigs increased by ten to 844 on May 4–11. US crude oil rigs were near the highest level since March 13, 2015. The rigs also have risen by 132 or ~18.5% from a year ago.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting SLB. SLB credit default swap spreads are within the middle of their range for the last three years.
In this article, we’ll compare the relative valuation multiples of Baker Hughes (BHGE) and National Oilwell Varco (NOV). For the purpose of this comparison, we’ve also included Schlumberger (SLB) and Halliburton (HAL) in our analysis.