39.35 +0.35 (0.90%)
Pre-Market: 7:59AM EST
|Bid||39.05 x 1000|
|Ask||39.42 x 4000|
|Day's Range||38.55 - 39.51|
|52 Week Range||30.65 - 48.88|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 17, 2020|
|Forward Dividend & Yield||2.00 (5.21%)|
|1y Target Est||42.36|
Energy stocks haven't merely lagged the market indexes this year, but they've lagged for several years. From a long-term perspective, the gap is astonishing, notes Eddy Elfenbein, editor of Investors Alley's Growth Stock Advisor.
Chevron announced its capital spending plans for 2020—and also said it was taking a $10 to $11 billion asset write down, mainly related to natural gas related assets. That could move energy sector stocks in Wednesday trading.
The CFO of Schlumberger Ltd. (NYSE: SLB) will be stepping down at the start of 2020 after nearly 40 years with the company. Simon Ayat, CFO and executive vice president, will leave Schlumberger’s executive team Jan. 22, after the company files is annual report, according to a filing with the U.S. Securities and Exchange Commission. Ayat has been with Schlumberger since 1982.
Schlumberger NV Chief Financial Officer Simon Ayat is stepping down after nearly 12 years in the role and will be replaced by second-in-command Stephane Biguet, the top oilfield services provider said on Tuesday. Reuters last year reported that Biguet, a 24-year veteran of the company and currently the vice president of finance, was slated to succeed Ayat as the company's finance chief. The move comes shortly after former chief operating officer Olivier Le Peuch took over the top job in July, following years of declines in share price and a hit from cuts in spending by U.S. oil and gas producers.
Oil giant Schlumberger Ltd. said Tuesday it has named Stephane Biguet as its new chief financial officer, replacing Simon Ayat, who is stepping down on Jan. 22. Ayat, who has been with the company since 1982, will remain as a senior strategic adviser to the company for two years. Biguet has worked at the company for 24 years, hoding senior positions in finance and operations. Shares were slightly lower premarket, but have gained 3% in 2019, while the S&P 500 has gained 25%.
Schlumberger Limited (NYSE:SLB) announced today that Simon Ayat, Executive Vice President and Chief Financial Officer, will step down from this position effective January 22, 2020. Mr. Ayat, who joined the Company in 1982, will remain with Schlumberger as Senior Strategic Advisor to the Company’s Chief Executive Officer for a period of two years.
The Zacks Analyst Blog Highlights: Apple, PepsiCo, BHP Group, Canadian National Railway and Schlumberger
One of the best tools in ordinary investors' arsenal is 13F filings. Once a quarter hedge funds with at least $100 million in total positions in publicly traded US stocks/options and convertible debt are required to open the kimono and disclose the number of shares and the total value of its positions in each of […]
Schlumberger Limited (NYSE:SLB) will hold a conference call on January 17, 2020 to discuss the results for the fourth quarter and full year ending December 31, 2019.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Does ServiceNow Inc (NYSE:NOW) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company and compare it against its peers like Norfolk Southern Corp. (NYSE:NSC), Prudential Public Limited Company (NYSE:PUK), Micron Technology, Inc. (NASDAQ:MU), and Schlumberger Limited. (NYSE:SLB). Hedge fund firms constantly search out bright intellectuals and […]
The Zacks Analyst Blog Highlights: Baker Hughes, Halliburton, Schlumberger, Diamond Offshore and Transocean
Moody's Investors Service (Moody's) has today downgraded Nostrum Oil & Gas Plc's (Nostrum) corporate family rating (CFR) to Caa2 from B3 and probability of default rating (PDR) to Caa2-PD from B3-PD.
Some analysts and investors see the shale boom ending. One of them is Evercore ISI analyst James West. We spoke to him recently about who the winners and losers would be.
With oil prices flailing, some equity-based ETFs with often intimate correlations to crude are suffering as well. Oil services funds, including the VanEck Vectors Oil Service ETF (OIH) , prove that point. OIH, the largest oil services ETF, is lower by nearly 20% this year.