Schlumberger Ltd. (NYSE: SLB) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

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Stocks Info

Schlumberger Ltd. is listed on the NYSE in the Energy sector while operating in the Oil & Gas Equipment & Services industry. The current market capitalization of Schlumberger Ltd. is $64.73B. A total of 8.96 million shares were traded on the day, compared to an average of 10.61M shares.

In the most recent transaction, Biguet Stephane sold 50,048 shares of SLB for 49.94 per share on Jul 22 ’24. After the transaction, the EVP & CFO now owns 203,076 company shares. In a previous transaction on Jul 22 ’24, Al Mogharbel Khaled sold 120,668 shares at 50.19 per share. SLB shares that EVP, Geographies owns now total 247,699.

Among the insiders who sold shares, Kasibhatla Vijay disposed of 10,000 shares on Jul 22 ’24 at a per-share price of $49.29. This resulted in the Director, M&A holding 62,354 shares of SLB after the transaction. In another insider transaction, Rando Bejar Carmen sold 4,980 shares at $43.43 per share on Jun 07 ’24. Company shares held by the Chief People Officer now total 22,518.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Schlumberger Ltd. pays an annual dividend of $1.08, resulting in a dividend yield of 2.36%, and it has a price to earnings (P/E) ratio of 14.91. SLB’s most recent ex-dividend date was 9/4/2024 when it declared a $0.2750 quarterly dividend that was paid in cash on 10/10/2024. Previously, the company paid the dividend on 7/11/2024 with an ex-dividend date of 6/5/2024. The SLB stock dividend was $0.2750 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, SLB has a high of $61.20 and a low of $38.66.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. SLB’s latest balance sheet shows that the firm has $3.14B in Cash & Short Term Investments as of fiscal 2021. There were $14.20B in debt and $10.36B in liabilities at the time. Its Book Value Per Share was $14.84, while its Total Shareholder’s Equity was $15.29B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SLB is Buy with a score of 4.77.

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