Schlumberger (NYSE:SLB) is set to post its quarterly earnings results before the market opens on Thursday, April 18th. Analysts expect Schlumberger to post earnings of $0.30 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Schlumberger (NYSE:SLB) last released its quarterly earnings results on Friday, January 18th. The oil and gas company reported $0.36 EPS for the quarter, meeting analysts’ consensus estimates of $0.36. The firm had revenue of $8.18 billion during the quarter, compared to analyst estimates of $8.10 billion. Schlumberger had a net margin of 6.51% and a return on equity of 6.12%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 EPS. On average, analysts expect Schlumberger to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

SLB opened at $45.55 on Thursday. The firm has a market cap of $63.17 billion, a PE ratio of 28.12, a PEG ratio of 2.43 and a beta of 1.34. The company has a quick ratio of 0.87, a current ratio of 1.17 and a debt-to-equity ratio of 0.40. Schlumberger has a one year low of $34.99 and a one year high of $75.43.

The company also recently declared a quarterly dividend, which will be paid on Friday, April 12th. Stockholders of record on Wednesday, February 13th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, February 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.39%. Schlumberger’s dividend payout ratio (DPR) is currently 123.46%.

A number of research analysts have recently commented on the stock. Raymond James restated a “hold” rating on shares of Schlumberger in a research report on Tuesday, April 2nd. Zacks Investment Research upgraded shares of Schlumberger from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 6th. Royal Bank of Canada set a $58.00 price target on shares of Schlumberger and gave the company a “buy” rating in a research report on Friday, January 18th. Credit Suisse Group set a $44.00 price target on shares of Schlumberger and gave the company a “hold” rating in a research report on Friday, January 18th. Finally, Jefferies Financial Group lowered shares of Schlumberger from a “buy” rating to a “hold” rating and reduced their price target for the company from $50.00 to $45.00 in a research report on Friday, March 15th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $65.00.

In other news, EVP Peuch Olivier Le sold 15,000 shares of Schlumberger stock in a transaction on Tuesday, January 22nd. The shares were sold at an average price of $44.00, for a total transaction of $660,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.48% of the company’s stock.

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About Schlumberger

Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide. The company's Reservoir Characterization segment offers reservoir interpretation and data processing services; open and cased-hole, and slickline services; exploration and production pressure and flow-rate measurement services; tubing-conveyed perforating services; integrated production systems; software, consulting, information management, and IT infrastructure services; reservoir characterization, field development planning, and production enhancement consulting services; petro technical data services and training solutions; and integrated management services.

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Earnings History for Schlumberger (NYSE:SLB)

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