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Friday, September 29, 2023

Schlumberger Limited (NYSE: SLB) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Schlumberger Limited (SLB) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.07%, to $60.16. The Schlumberger Limited has recorded 260,823 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that SLB Announces Second-Quarter 2023 Results.

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Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas Equipment & Services industry segment. At the end of the last regular session, the stock closed at $60.12 and fluctuated between $60.49 as its day high and $59.49 as its day low. The current market capitalization of Schlumberger Limited is $83.79B. A total of 6.9 million shares were traded on the day, compared to an average of 9.43M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, SLB has seen 2 BUY and 9 SELL insider trades, representing the acquisition of 8,646 and the disposition of 63,879 shares. Over the last 12 months, there were 55 BUYs and 61 SELLs from insiders. Insiders purchased 1,587,409 shares during that period but sold 1,113,012.

In the most recent transaction, Pafitis Demosthenis sold 60,000 shares of SLB for 58.83 per share on Aug 30. After the transaction, the Chief Technology Officer now owns 36,858 company shares. In a previous transaction on Aug 28, Biguet Stephane sold 6,250 shares at 56.85 per share. SLB shares that EVP & CFO owns now total 188,515.

Among the insiders who sold shares, Fyfe Kevin disposed of 7,716 shares on Aug 09 at a per-share price of $59.34. This resulted in the VP & Treasurer holding 28,316 shares of SLB after the transaction. In another insider transaction, Beumelburg Katharina sold 5,500 shares at $57.88 per share on Aug 03. Company shares held by the Chief Sustainability Officer now total 931.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Schlumberger Limited pays an annual dividend of $1.00, resulting in a dividend yield of 1.66%, and it has a price to earnings (P/E) ratio of 22.01. SLB’s most recent ex-dividend date was 9/5/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 10/12/2023. Previously, the company paid the dividend on 7/13/2023 with an ex-dividend date of 6/6/2023. The SLB stock dividend was $0.25 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SLB in the last 3 months, the mean price target is $66.30 with high estimates of $73.00 and low estimates of $56.00. In terms of 52-week highs and lows, SLB has a high of $60.12 and a low of $33.80.

As of this writing, SLB has an earnings estimate of $0.78 per share for the current quarter. EPS was calculated based on a consensus of 25 estimates, with a high estimate of $0.81 per share and a lower estimate of $0.75. The company reported an EPS of $0.63 in the last quarter, which was 5.00% higher than expectations of $0.6.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SLB’s latest balance sheet shows that the firm has $3.14B in Cash & Short Term Investments as of fiscal 2021. There were $14.20B in debt and $10.36B in liabilities at the time. Its Book Value Per Share was $13.08, while its Total Shareholder’s Equity was $15.29B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SLB is Buy with a score of 4.84.

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