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 $49.67? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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Schlumberger has moved -12.9% over the last year, and the S&P 500 logged a change of 20.9%
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SLB has an average analyst rating of buy and is -24.02% away from its mean target price of $65.37 per share
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Its trailing earnings per share (EPS) is $3.06
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Schlumberger has a trailing 12 month Price to Earnings (P/E) ratio of 16.2 while the S&P 500 average is 28.21
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Its forward earnings per share (EPS) is $4.11 and its forward P/E ratio is 12.1
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The company has a Price to Book (P/B) ratio of 3.18 in contrast to the S&P 500's average ratio of 4.71
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Schlumberger is part of the Energy sector, which has an average P/E ratio of 13.84 and an average P/B of 2.05
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SLB has reported YOY quarterly earnings growth of 6.9% and gross profit margins of 0.2%
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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, and 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.