Market Inference Brief -- SLB Stock

Large-cap Energy company Schlumberger has logged a 2.0% change today on a trading volume of 13,357,089. The average volume for the stock is 10,016,152.

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. Based in Houston, United States the company has 111,000 full time employees and a market cap of $63,677,095,936. Schlumberger currently offers its equity investors a dividend that yields 2.3% per year.

The company is now trading -32.92% away from its average analyst target price of $66.41 per share. The 28 analysts following the stock have set target prices ranging from $53.0 to $77.0, and on average give Schlumberger a rating of buy.

Over the last 12 months SLB shares have declined by -8.1%, which represents a difference of -32.7% when compared to the S&P 500. The stock's 52 week high is $62.12 per share and its 52 week low is $42.77. Based on Schlumberger's average net margin growth of 10.4% over the last 6 years, its core business remains strong and the stock price may recover in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 33,135,000 4,203,000 13 8.33
2022 28,091,000 3,441,000 12 50.0
2021 22,929,000 1,881,000 8 117.78
2020 23,601,000 -10,518,000 -45 -45.16
2019 32,917,000 -10,137,000 -31 -542.86
2018 32,815,000 2,138,000 7
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.