Consider This Before Taking a Position in Schlumberger (SLB)

By Scott Lee • Monday, October 30 12:00 • Permanent Link

More and more people are talking about Schlumberger over the last few weeks. Is it worth buying the Oil & Gas Equipment & Services stock at a price of $55.44? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Schlumberger has moved 7.0% over the last year, and the S&P 500 logged a change of 8.0%
SLB has an average analyst rating of buy and is -13.87% away from its mean target price of $64.37 per share
Its trailing earnings per share (EPS) is $2.88
Schlumberger has a trailing 12 month Price to Earnings (P/E) ratio of 19.2 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $3.45 and its forward P/E ratio is 16.1
The company has a Price to Book (P/B) ratio of 4.07 in contrast to the S&P 500's average ratio of 2.95
Schlumberger is part of the Energy sector, which has an average P/E ratio of 7.54 and an average P/B of 1.68
SLB has reported YOY quarterly earnings growth of 23.8% and gross profit margins of 0.2%
The company has a free cash flow of $1.54 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

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.