|Bid||45.60 x 1300|
|Ask||45.68 x 1000|
|Day's range||45.51 - 48.88|
|52-week range||34.99 - 75.43|
|Beta (3Y monthly)||1.69|
|PE ratio (TTM)||31.42|
|Earnings date||18 Apr 2019 - 22 Apr 2019|
|Forward dividend & yield||2.00 (4.59%)|
|1y target est||53.46|
Industrials led Wall Street higher on Thursday in the wake of upbeat economic data and a string of healthy corporate earnings. For the holiday-shortened week, the S&P was on track to snap its three-week winning streak, while the Dow and the Nasdaq were poised to end the week higher.
Schlumberger’s Q1 Earnings Meet Analyst Estimates(Continued from Prior Part)Schlumberger in 2019 Schlumberger (SLB) has risen 31% so far in 2019. The stock has outperformed peers Halliburton (HAL), National Oilwell Varco (NOV), and Baker Hughes
Schlumberger’s Q1 Earnings Meet Analyst EstimatesEPS fell 21% Schlumberger (SLB) reported its first-quarter results today. The company reported EPS of $0.3, which met analysts’ consensus estimates. The EPS fell 21% YoY. “First-quarter revenue
Investment in the US shale oil industry continues to fall, production growth is slowing and the balance of spending is shifting to other parts of the world, the oilfield services group Schlumberger has said. Paal Kibsgaard, chief executive, said he “the higher cost of capital, lower borrowing capacity, and investors looking for increased returns” in the US shale industry would mean that exploration and production companies would have to limit spending on new wells to what they could cover from their cash flows, cutting total expenditure by about 10 per cent. In the rest of the world, however, investment is picking up, and is expected to rise by about 7-8 per cent this year, the company thinks.
Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due to weak North American demand. The oilfield services sector bellwether said it expects a 7 to 8 percent increase in investments by oil producers in markets outside North America, citing a 20 percent increase last quarter in offshore rig counts and growing exploration activity in Latin America, Africa and Asia.
On a per-share basis, the The Hague, Netherlands-based company said it had profit of 30 cents. The results met Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment ...
PARIS-- -- Worldwide revenue of $7.9 billion decreased 4% sequentially, but increased 1% year-on-year International revenue of $5.0 billion decreased 5% sequentially, but increased 3% year-on-year North America revenue of $2.7 billion decreased 3% sequentially and 3% year-on-year Pretax operating income of $908 million decreased 6% sequentially and 7% year-on-year EPS was $0.30 Cash flow from operations ...
Schlumberger (SLB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Conservative spending by explorers and producers is likely to hurt demand for oil service firms despite favorable Q1 crude price.
Transition to a more disciplined capital spending approach within the exploration and production space is expected to weigh on Halliburton's (HAL) Q1 results.
Has Oil Lost Its Uptrend?(Continued from Prior Part)Oil rig count Last week, the oil rig count rose by two to 833—just 17 more rigs than the lowest level since April 13, 2018. The rig count tends to follow US crude oil prices with a three to
Following a January-March rally that marked the U.S. stock market's best quarterly performance in nearly a decade, stocks had been in a holding pattern in April ahead of first quarter reporting season. Goldman Sachs dipped 3.8% after the investment bank's first quarter revenue came in below analyst expectations. Citigroup Inc posted higher-than-expected earnings as cost-cutting offset falling revenues.
Following a first-quarter rally that marked the best quarterly performance for U.S. stocks in nearly a decade, stocks have been in a holding pattern in April ahead of first quarter reporting season. Goldman Sachs dipped 3.3% after the investment bank's first quarter revenue came in below analyst expectations. "Investors are in total earnings mode, wondering if the better-than-expected earnings reports on Friday will be carried over into the new week and the entire reporting period," said Sam Stovall, chief investment strategist of CFRA Research in New York.
Schlumberger’s Q1 Earnings Are Expected to Fall 21%(Continued from Prior Part)Rising DUC inventory The inventory of DUC (drilled but uncompleted) wells has been rising for two years. The number of drilled but uncompleted wells has risen
Schlumberger (SLB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Schlumberger’s Q1 Earnings Are Expected to Fall 21%(Continued from Prior Part)US rig count According to Baker Hughes (BHGE) data, the total US rig count fell from 1,083 in the week ending December 28 to 1,006 in the week ending March 29. The rigs