Shares of Energy sector company Schlumberger moved -0.1% today, and are now trading at a price of $53.28. The large-cap stock's daily volume was 1,259,626 compared to its average volume of 9,646,334. The S&P 500 index returned a 0.0% performance.
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. The company is based in Houston and has 99,000 full time employees. Its market capitalization is $75,941,584,896. Schlumberger currently offers its equity investors a dividend that yields 1.5% per year.
28 analysts are following Schlumberger and have set target prices ranging from $44.64 to $68.33 per share. On average, they have given the company a rating of buy. At today's prices, SLB is trading -9.39% away from its average analyst target price of $58.8 per share.
The stock's 52 week high is $59.45 per share whereas its 52 week low is $30.65. Schlumberger's average free cash flow over the last 4 years has been $2.67 Billion, but they have been decreasing at an average rate of -12.9%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 3,720,000 | -1,715,000 | 2,005,000 | -42.24 |
| 2021-12-31 | 4,651,000 | -1,180,000 | 3,471,000 | 100.98 |
| 2020-12-31 | 2,944,000 | -1,217,000 | 1,727,000 | -50.32 |
| 2019-12-31 | 5,431,000 | -1,955,000 | 3,476,000 | n/a |
