Schlumberger Ltd. (SLB) Tops Q4 EPS by 4c

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Go back to Schlumberger Ltd. (SLB) Tops Q4 EPS by 4c

Schlumberger Ltd. (SLB) Raises Quarterly Dividend 25% to $0.50; 2.6% Yield

January 15, 2015 1:00 PM EST

Schlumberger Ltd. (NYSE: SLB) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 25% increase from the prior dividend of $0.40.

The dividend will be payable on April 10, 2015, to stockholders of record on February 11, 2015, with an ex-dividend date of February 9,... More

Oil Stocks on Watch as WTI, Brent Advance (USO)

January 14, 2015 2:34 PM EST

(Updated - January 14, 2015 2:40 PM EST)

Oil stocks were on watch Wednesday as WTI and Brent advanced, marching higher by 5%. Gains followed the release of Fed's Beige Book.

In a statement to Bloomberg, Citi energy analyst Tim Evans said gains are "inspired by the assumption that prices have fallen as much as they need to fall given market conditions."

Related names include:

Apache Corp. (NYSE:... More