Large-cap Energy company Schlumberger has logged a 1.0% change today on a trading volume of 381,452. The average volume for the stock is 10,215,325.
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. Based in Houston, United States the company has 99,000 full time employees and a market cap of $69,071,495,168. Schlumberger currently offers its equity investors a dividend that yields 1.6% per year.
The company is now trading -24.62% away from its average analyst target price of $64.29 per share. The 28 analysts following the stock have set target prices ranging from $49.0 to $75.0, and on average give Schlumberger a rating of buy.
Over the last year, SLB shares have gone up 15.5%, which represents a difference of 0.0% when compared to the S&P 500. The stock's 52 week high is $59.45 per share whereas its 52 week low is $30.65. Based on Schlumberger's compound average gross margins growth rate of 9.6% over the last 4 years, its core business remains strong and the stock price may maintain this level of performance.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 28,091,000 | 22,930,000 | 18.37 | 15.17 |
| 2021-12-31 | 22,929,000 | 19,271,000 | 15.95 | 44.74 |
| 2020-12-31 | 23,601,000 | 21,000,000 | 11.02 | -13.57 |
| 2019-12-31 | 32,917,000 | 28,720,000 | 12.75 | n/a |
