Schlumberger Ltd (SLB)

SLB (NYSE:Energy) EQUITY
$80.52
pos +0.00
+0.00%
Today's Range: 78.11 - 80.62 | SLB Avg Daily Volume: 6,399,700
Last Update: 07/29/16 - 4:02 PM EDT
Volume: 0
YTD Performance: 15.44%
Open: $0.00
Previous Close: $79.05
52 Week Range: $59.60 - $85.12
Oustanding Shares: 1,390,693,530
Market Cap: 109,934,323,546
6-Month Chart
TheStreet Ratings Grade for SLB
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 18 18 19 19
Moderate Buy 1 1 1 1
Hold 6 7 6 4
Moderate Sell 1 1 1 1
Strong Sell 0 0 0 1
Mean Rec. 1.62 1.67 1.59 1.62
Latest Dividend: 0.50
Latest Dividend Yield: 2.53%
Dividend Ex-Date: 09/02/16
Price Earnings Ratio: -62.24
Price Earnings Comparisons:
SLB Sector Avg. S&P 500
-62.24 62.30 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
0.22% -4.02% -0.78%
GROWTH 12 Mo 3 Yr CAGR
Revenue -27.00 -0.20 -0.05
Net Income -61.20 -0.60 -0.27
EPS -60.70 -0.60 -0.26
Earnings for SLB:
EBITDA 9.64B
Revenue 35.48B
Average Earnings Estimates
Qtr (09/16) Qtr (12/16) FY (12/16) FY (12/17)
Average Estimate $0.23 $0.28 $1.14 $1.95
Number of Analysts 18 18 21 21
High Estimate $0.27 $0.40 $1.27 $3.00
Low Estimate $0.17 $0.21 $0.97 $1.35
Prior Year $0.78 $0.65 $3.37 $1.14
Growth Rate (Year over Year) -70.30% -57.69% -66.17% 70.80%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

Today's Good, Bad and Ugly Real Money Pro($)

Market continues to run like the Energizer Bunny, completing a very strong month of July. Gold continues to shine following the weak second-quarter GDP print, which implies "lower for longer" and more cowbell from the world's central bankers. . Staples, excluding Coca-Cola (KO) , that are benefiting from a weak currency have revived today. The two pillars of technology -- Amazon (AMZN) and Alphabet (GOOGL) -- ring the register for investors. This is aiding PowerShares QQQ ETF's (QQQ) absolute and relative strength vis a vis the other indices. Herbalife (HLF) continues to rally after its agreement with authorities. Or maybe Ackman/Pershing Square is just getting squeezed by Carl Icahn! Schlumberger (SLB) , despite only a modest rise in crude oil today (after crude was down 17% for month of July) , is a standout. To many, Twitter (TWTR) is showing surprising strength --up 2% today -- following Thursday's drubbing. I added small on Thursday and in the after-hours on Wednesday. I like the upside/downside but I have no illusion that the near-term outlook is promising as management's heavy lifting lies ahead, and it will take time. A multi-month high for Blackstone/GSO Strategic Credit Fund (BGB) despite a nearly 20% drop in the price of crude oil this month. The Bad Domestic growth is weak, with 2Q real GDP up 1.2% -- well short of expectations. Gilead Sciences (GILD) , a favorite value play in biotech, continues to fall, breaking $80 a share. Talking head "carpet sweepers" are nowhere to be seen on this one!. Life insurance stocks, plagued by the absence of investing alternatives in a low-rate setting, continue to weaken. Potash (POT) continues to sell off after weak top-line performance and poor forward guidance. I reviewed the quarter this morning. The Ugly My long Hartford Financial Services Group (HIG) , my project this weekend, is stinking up the joint after an earnings shortfall caused by catastrophe losses and a weak auto book. My preliminary read is that there
It's compelling to watch Exxon, the strongest in the group, finally get crushed.
It's not the monster comeback some are predicting, but SLB is bullish.

Energy Stocks Lack Much Power Real Money Pro($)

Markets are slightly down to begin the trading day, while oil continues to slump and is closer to $40 a barrel than $50 again.
Stocks have an up-and-down week as the earnings floodgates open.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar again strengthened -- typically a market-unfriendly development. The price of crude oil rallied back from yesterday's loss, gaining 40 cents to over $45. Gold is down $15, breaking toward $1,300, where it broke out to the upside. Agricultural commodities again are under pressure: wheat -7, corn -6, soybean -19 and oats flat. Bonds are weaker. The yield on the 10-year note increased by two basis points to 1.58% and the long bond by three basis points to 2.30%. The 2s/10s spread at 86 basis points -- no change. Municipals are down small and closed end muni bond funds are mixed. Junk was better bid, but not materially so. Banks are up modestly. Same for brokerages (Morgan Stanley (MS) saw weak action off a big beat, same as Goldman Sachs (GS) yesterday) and insurance. Old tech was broadly higher, led by Microsoft (MSFT) . Retail is up. Autos are better. Energy, along with the commodities, are higher, with Schlumberger (SLB) a standout, up almost a beaner. Ag equipment is ignoring the schemissing of ag commodities prices and is flat to slightly lower. Media is weak on the heels of Disney (DIS) downgrade. Biotech is ramping, up three percent. Speculative biotech is stronger, rebounding from recent weakness. (T)FANG resumed leadership, with all components strong. My Trade of the Week, shorting Facebook (FB) , is not working out. In individual securities, Oaktree Capital Group (OAK) is an upside standout, rising more than 2.5%. Here are some value-added contributions on our site today: The market is expensive, but JIm "El Capitan" Cramer sees good signs.  Mark Sebastian on Twitter (TWTR) .  I have recently added. Carley Garner believes the VIX is cheap. I cant agree! Jonathan Heller on avoiding a value trap.  Rev Shark on momentum.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened. The price of crude oil fell by $1.50 to $48.40. Gold was essentially unchanged. Agricultural commodities: wheat flat, corn -9, soybean +42(!!) and oats unchanged. Lumber +4. Bonds rose slightly in price. The "action" in iShares 20+ Year Treasury Bond ETF (TLT) seems toppy to me, but I am short less on price action and more based on fundamental analysis and historical relationships (see above). The yield on the 10-year U.S. note was unchanged at 1.48%. The long bond yield was up one basis point to yield 2.29%. The 2s/10s spread was up by two basis points to 90 basis points. Municipals were well-bid. Closed-end municipal bond funds were mixed. The high-yield bond market was strong, while Blackstone/GSO Strategic Credit Fund (BGB) was up 11 cents. Banks were a bit of a disappointment, failing to materially follow through after the stress tests were announced. Insurance stocks were disappointing. Small gains for Lincoln National (LNC) and MetLife (MET). Brokerages thrived. Morgan Stanley (MS) rose 75 cents and Goldman Sachs (GS) was up $3. Premature sellage by me. Retail stocks were mixed to lower. Foot Locker (FL) and Nike (NKE) were lower after large gains on Wednesday. Nordstrom (JWN), a short, was up 18 cents. Old tech was stronger, led by IBM (IBM), up $3. Autos were weak, down most of the day. Not a good sign to be in the red on such a strong day in the markets. Agricultural equipment was mixed. Media had a mixed message, though Disney (DIS) and Comcast (CMCSA) were higher (I covered on Monday). Energy stocks shined despite a large drop in crude prices. Exxon Mobil (XOM) and SLB were up nicely. Programs? Regardless, another weird feature of today's market. Biotech was disappointing. iShares Nasdaq Biotechnology ETF (IBB) was flat, with several large and speculative stocks clearly rolling over. New lows for Valeant (VRX). Staples were the world's fair after the Mondelez (MDLZ) MDbid for Hershey. Consumer Staples Select Sector SPDR ETF (XLP), covered on Monday, surged by $1.22. Campbell Soup (CPB) and Pepsico (PEP) were up big. (T)FANG was mixed. Tesla (TSLA) was strong in the regular session, but sold off in the after hours after some safety concerns. In individual stocks, Hartford Financial Services Group (HIG) was up $1.22 (I have been steadily accumulating). My long fav DuPont (DD) was up 90 cents after getting schmeissed in the last few days. There was a vague (and to me, silly) rumor of a Potash (POT) takeover; it makes no sense because Canadian government sees the company as important to the country as an independent entity. Coca-Cola (KO), a short, got caught up in the strength of the defensive sector. Here are some valuable contributions on the site today: Nice video on banks by Jim "El Capitan" Cramer.  "Big" James Gentile is looking forward to fireworks, but not the ones over the holiday weekend!  Brian Sozzi on food companies hurrying up to merge.  Tony Owusu on Facebook's (FB) friendliness.  Rev Shark on meddling central bankers.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. Crude oil rose by $1.67 to $48 a barrel. Gold dropped by $10 to $1,314. Agricultural commodities: wheat -2, corn unchanged, soybean +15, oats +2.50. Lumber +10.00. Bonds were flattish. iShares 20+ Year Treasury Bond ETF (TLT) was up 29 cents, likely buoyed by terrorism in Turkey (see above). The 10-year yield was unchanged at 1.46% and the long bond also flat on yield at 2.27%. Non-taxables were flat and closed-end muni bond funds were pennies higher. The high-yield bond market was higher, reversing yesterday's large losses. iShares iBoxx High Yield Corporate Bond ETF (HYG) was up $1.03 and SPDR Barclays High Yield Bond ETF (JNK) was up 44 cents. Blackstone/GSO Strategic Credit Fund (BGB), down 20 cents yesterday, recaptured 16 cents today. Banks were the "world's fair" and were market leaders with gains of 3% to 4%. I purchased positions (long rentals) on Monday in Citigroup (C), Bank of America (BAC) and JPMorgan Chase (JPM). Insurance stocks were upside features after they were decimated by nearly 20% in the last two days. My long Hartford Financial Services Group (HIG) rose by over a beaner. Lincoln National (LNC) and MetLife (MET) also were up $1, which, considering the magnitude of the previous decline, was quite disappointing. I covered much of my life shorts on Monday. Brokerages flourished. I purchased Goldman Sachs (GS) and Morgan Stanley (MS) on Monday, and today they were up $3 and $1, respectively. Retail was mixed. Home Depot (HD) and Lowe's (LOW) led, but NKE and FL were down after the NKE miss. My short Nordstrom (JWN) was up $1. Auto stocks underperformed. I had covered a lot yesterday. Energy was responsive to higher crude oil prices. Schlumberger (SLB) was up $1.60 and Exxon Mobil (XOM) rose $2.20. Both shorts were covered yesterday. Old tech was strong, led by IBM (IBM) and Microsoft (MSFT). Biotech went from goat to hero. iShares Nasdaq Biotechnology ETF (IBB) climbed $9, led by Allergan (AGN), which was up $10. A dead-cat bounce for Valeant (VRX), which was up $1.40. Speculative biotech also moved higher. Agricultural equipment was stronger, led by dollar gains at Caterpillar (CAT) and Deere (DE). Media was up. I covered Comcast (CMCSA) yesterday. Disney (DIS) rose $1.65. (T)FANG attracted buyers, with Amazon (AMZN) and Alphabet (GOOGL) strong. Netflix (NFLX) rose 4%. In individual stocks, my long fav DuPont (DD) was under pressure and fell $1.33, Oaktree Capital Group (OAK) gained fractionally and Twitter (TWTR) was up a half a buck or so. In sectors, Consumer Staples Select Sector SPDR ETF (XLP) and Materials Select Sector SPDR ETF (XLB) were underperformers. I covered them recently. Here are some valuable contributions on our site today: Jim "El Capitan" Cramer on more than FANG.  Ben "Godlfinger" Cross on, what else? Gold!   RevShark on Da Bulls and Da Bears. Rev is uncertain about today's implications, and I respect his honesty!  Shad Gad "And the Pharoahs" is patient in an impatient market.  Tom Graff on bonds.
One bank, one oil firm and one tech stock that you need to watch. 

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