Insights Into Schlumberger Ltd. (SLB) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that SLB and Nabors Announce Collaboration to Scale Adoption of Drilling Automation Solutions.

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Stocks Info

Schlumberger Ltd. is listed on the NYSE in the Energy sector while operating in the Oil & Gas Equipment & Services industry. At the end of the last regular session, the stock closed at $48.56 and fluctuated between $48.81 as its day high and $47.71 as its day low. The current market capitalization of Schlumberger Ltd. is $69.37B. A total of 13.69 million shares were traded on the day, compared to an average of 9.61M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, SLB has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 19,675 shares. Over the last 12 months, there were 49 BUYs and 55 SELLs from insiders. Insiders purchased 1,487,430 shares during that period but sold 1,063,663.

In the most recent transaction, Biguet Stephane sold 6,250 shares of SLB for 53.86 per share on Dec 26. After the transaction, the EVP & CFO now owns 163,515 company shares. In a previous transaction on Nov 27, Biguet Stephane sold 6,250 shares at 52.44 per share. SLB shares that EVP & CFO owns now total 169,765.

Among the insiders who sold shares, Rennick Gavin disposed of 6,675 shares on Nov 20 at a per-share price of $52.88. This resulted in the President New Energy holding 39,958 shares of SLB after the transaction. In another insider transaction, Biguet Stephane sold 6,250 shares at $56.32 per share on Oct 30. Company shares held by the EVP & CFO now total 176,015.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Schlumberger Ltd. pays an annual dividend of $0.96, resulting in a dividend yield of 1.98%, and it has a price to earnings (P/E) ratio of 16.86. SLB’s most recent ex-dividend date was 12/5/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 1/11/2024. Previously, the company paid the dividend on 10/12/2023 with an ex-dividend date of 9/5/2023. The SLB stock dividend was $0.25 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SLB in the last 3 months, the mean price target is $69.32 with high estimates of $81.00 and low estimates of $62.00. In terms of 52-week highs and lows, SLB has a high of $62.12 and a low of $42.73.

As of this writing, SLB has an earnings estimate of $Schlumberger N.V. per share for the current quarter. EPS was calculated based on a consensus of Albemarle Corporation estimates, with a high estimate of $SELLAS Life Sciences Group, Inc per share and a lower estimate of $iShares Silver Trust.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 $13.62, while its Total Shareholder’s Equity was $15.29B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 4.85.

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