What Schlumberger Investors Need to Know

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.