|Bid||21.76 x 900|
|Ask||21.93 x 1200|
|Day's Range||21.57 - 23.09|
|52 Week Range||11.87 - 41.40|
|Beta (5Y Monthly)||2.13|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul. 24, 2020|
|Forward Dividend & Yield||0.50 (2.46%)|
|Ex-Dividend Date||Jun. 02, 2020|
|1y Target Est||18.71|
Schlumberger Limited ("Schlumberger") today announced that Schlumberger Oilfield UK Plc, an indirect wholly-owned subsidiary of Schlumberger ("SLB UK"), will redeem the entire outstanding principal amount of its 4.200% Senior Notes due 2021 (CUSIP Nos. 80685QAA4/G7861RAA4; ISIN Nos. US80685QAA40/USG7861RAA44; and Common Codes 56301097/56301046) (the "Notes"). The redemption date for the Notes is June 29, 2020 (the "Redemption Date"). The Notes are currently listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Euro MTF market.
Schlumberger Limited (NYSE:SLB) will hold a conference call on July 24, 2020 to discuss the results for the second quarter ending June 30, 2020.
The oil services giant is planning more changes to deal with sharply lower oil prices and drilling activity as demand fell from COVID-19 pandemic impacts.
The changes will be implemented in phases and are designed to forge "a leaner, simplified and more responsive organization," Chief Executive Olivier Le Peuch said in the memo dated on Wednesday and reviewed by Reuters. Schlumberger has cut hundreds of jobs, reduced executive pay by at least 20% and put some low-tech units up for sale. As part of the restructuring, Schlumberger plans to consolidate its 17 product lines into four divisions to "align with our customer's workflows," the memo said.
Oil prices rose and so did shares of energy services companies, as investors hope the worst is over in the oil patch.
U.S. stock indexes were set to open sharply higher on Monday on optimism fueled by encouraging data from a potential COVID-19 vaccine trial, with investors also counting on more stimulus to rescue the economy from a deep economic slump. Drugmaker Moderna Inc said its experimental vaccine for COVID-19 showed promising results in an early stage study. Markets were also encouraged by Federal Reserve Chairman Jerome Powell's remarks over the weekend on a gradual economic recovery, and his affirmation that more monetary stimulus was on the way if required.
Schlumberger (SLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Today we'll look at Staatl. Mineralbrunnen AG (MUN:SLB) and reflect on its potential as an investment. Specifically...
Schlumberger expects overall global spending to fall roughly 20% in 2020, with a 40% drop in North America. While OPEC and allies agreed to reduce output next month by 9.7 million barrels per day (bpd) to buttress crude prices, the flood of oil on markets and business lockdowns from the coronavirus continue to hit oil prices. The second quarter "is likely to be the most uncertain and disruptive quarter the industry has ever seen," Chief Executive Olivier Le Peuch told investors on Friday.
U.S. stock index futures jumped on Friday as President Donald Trump laid out plans to re-open the economy from coronavirus-induced lockdowns and on reports of encouraging data on a drug to potentially treat COVID-19. Gilead Sciences Inc's shares surged 11.9% in premarket trading following a media report that patients with severe symptoms of the disease had responded positively to its experimental drug, remdesivir.
While it is gearing up to be a relatively quiet Friday, investors will closely monitoring coronavirus-related developments and key earnings announcements from Kansas City Southern and Schlumberger.
Team, Inc. (TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Louis A. Waters has elected to step down as Chairman of the TEAM Board of Directors, and, by a unanimous vote of the Board of Directors, Amerino Gatti will assume the role of Chairman, in addition to his current role as Chief Executive Officer, effective immediately. The Company also announced that the Board of Directors has appointed Mr. Waters as Lead Independent Director.
Valerie has decades of experience in petroleum engineering and subsurface technical review and analysis, with a focus on unconventional gas development. Ms. Jochen has more than 35 years of technical industry experience and brings significant expertise in petroleum engineering and analysis of unconventional reservoirs to Gulfport. Ms. Jochen currently serves as a Professor of Practice in Reservoir Engineering at Texas A&M University, where she began in January 2018 following a nearly 20-year career at Schlumberger Limited (SLB).
Schlumberger Limited (NYSE:SLB) stock is about to trade ex-dividend in 3 days time. You will need to purchase shares...
The latest Earnings Outlook indicates that the energy sector's Q4 results might reflect a 47.1% nosedive from the year-ago reported figure.
Dividend paying stocks like Staatl. Mineralbrunnen AG (MUN:SLB) tend to be popular with investors, and for good reason...
Domestic oil drillers may again remove rigs since explorers have decided to curb spending on the drilling of new wells for the second straight year in 2020.