Atb Cap Markets Comments on Schlumberger Q1 Earnings

Schlumberger Limited (NYSE:SLB) – Atb Cap Markets issued their Q1 2025 earnings per share estimates for shares of Schlumberger in a report issued on Tuesday, December 10th. Atb Cap Markets analyst W. Syed anticipates that the oil and gas company will post earnings per share of $0.75 for the quarter. Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for Schlumberger’s current full-year earnings is $3.39 per share. Atb Cap Markets also issued estimates for Schlumberger’s Q2 2025 earnings at $0.82 EPS, Q3 2025 earnings at $0.90 EPS, Q4 2025 earnings at $0.97 EPS, FY2025 earnings at $3.43 EPS, Q1 2026 earnings at $0.83 EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $0.96 EPS, FY2026 earnings at $3.67 EPS and FY2027 earnings at $3.97 EPS.

Several other brokerages have also issued reports on SLB. Citigroup cut their price objective on shares of Schlumberger from $54.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, December 9th. UBS Group cut their price target on Schlumberger from $63.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. Royal Bank of Canada restated an “outperform” rating and set a $69.00 price objective on shares of Schlumberger in a research note on Thursday, October 3rd. Morgan Stanley cut their target price on Schlumberger from $65.00 to $60.00 and set an “overweight” rating on the stock in a research note on Monday, September 16th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $60.00 price target (down from $62.00) on shares of Schlumberger in a research report on Monday, October 21st. Three equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Schlumberger has a consensus rating of “Moderate Buy” and a consensus price target of $60.91.

Schlumberger Trading Down 2.1 %

NYSE SLB opened at $40.22 on Friday. The company’s 50-day simple moving average is $42.84 and its two-hundred day simple moving average is $44.05. Schlumberger has a one year low of $38.66 and a one year high of $55.69. The company has a market capitalization of $56.80 billion, a price-to-earnings ratio of 12.93, a price-to-earnings-growth ratio of 1.47 and a beta of 1.51. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.12 and a current ratio of 1.48.

Schlumberger (NYSE:SLB) last announced its quarterly earnings results on Friday, October 18th. The oil and gas company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.88 by $0.01. Schlumberger had a return on equity of 21.84% and a net margin of 12.44%. The firm had revenue of $9.16 billion for the quarter, compared to analyst estimates of $9.27 billion. During the same quarter last year, the firm posted $0.78 earnings per share. The business’s revenue for the quarter was up 10.2% on a year-over-year basis.

Schlumberger Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Wednesday, December 4th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date is Wednesday, December 4th. Schlumberger’s dividend payout ratio (DPR) is 35.37%.

Insider Buying and Selling at Schlumberger

In other news, EVP Abdellah Merad sold 60,000 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $41.90, for a total value of $2,514,000.00. Following the sale, the executive vice president now owns 211,937 shares in the company, valued at $8,880,160.30. This represents a 22.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.26% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SLB. Crescent Grove Advisors LLC acquired a new position in shares of Schlumberger in the 2nd quarter valued at $257,000. Teachers Retirement System of The State of Kentucky increased its holdings in Schlumberger by 25.9% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 761,875 shares of the oil and gas company’s stock valued at $31,961,000 after buying an additional 156,698 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Schlumberger by 8.7% in the third quarter. Victory Capital Management Inc. now owns 817,771 shares of the oil and gas company’s stock worth $34,305,000 after acquiring an additional 65,318 shares during the period. Concurrent Investment Advisors LLC boosted its stake in shares of Schlumberger by 269.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 19,718 shares of the oil and gas company’s stock worth $827,000 after acquiring an additional 14,376 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its position in shares of Schlumberger by 0.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 1,901,713 shares of the oil and gas company’s stock valued at $89,723,000 after acquiring an additional 11,813 shares during the period. 81.99% of the stock is owned by institutional investors and hedge funds.

Schlumberger Company Profile

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.