After Hours
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. Most recently, Yahoo Finance reported about the stock as it publicized that SLB Announces Agreement to Acquire Majority Ownership in Aker Carbon Capture.
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Stocks Info
As a NYSE listed company, SLB falls under the Energy sector while operating within the Oil & Gas Equipment & Services industry segment. The current market capitalization of Schlumberger Ltd. is $78.66B. A total of 6.99 million shares were traded on the day, compared to an average of 11.44M shares.
In the most recent transaction, Merad Abdellah sold 50,000 shares of SLB for 48.52 per share on Feb 26 ’24. After the transaction, the EVP, Core Services & Equipment now owns 261,507 company shares. In a previous transaction on Feb 26 ’24, Biguet Stephane sold 6,250 shares at 48.64 per share. SLB shares that EVP & CFO owns now total 242,932.
Among the insiders who sold shares, Rennick Gavin disposed of 20,045 shares on Feb 01 ’24 at a per-share price of $48.77. This resulted in the President New Energy holding 77,563 shares of SLB after the transaction. In another insider transaction, Beumelburg Katharina sold 8,000 shares at $52.62 per share on Jan 29 ’24. Company shares held by the Chief Sustainability Officer now total 15,581.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Schlumberger Ltd. pays an annual dividend of $1.02, resulting in a dividend yield of 1.87%, and it has a price to earnings (P/E) ratio of 18.86. SLB’s most recent ex-dividend date was 2/6/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 4/4/2024. Previously, the company paid the dividend on 1/11/2024 with an ex-dividend date of 12/5/2023. The SLB stock dividend was $0.25 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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 $0.75 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $0.8 per share and a lower estimate of $0.73. The company reported an EPS of $0.71 in the last quarter, which was 1.40% higher than expectations of $0.7.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $14.14, while its Total Shareholder’s Equity was $15.29B.
Analysts Opinion
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. 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.
