Schlumberger Ltd. (SLB) Tops Q3 EPS by 1c

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UBS Reiterates Buy on Schlumberger Ltd. (SLB) Following 3Q Results

October 19, 2015 9:27 AM EDT

UBS reiterated a Buy rating and $90.00 price target on Schlumberger (NYSE: SLB) following the company's 3Q15 earnings results. EPS of $0.78 beats consensus of $0.77.

Analyst Angie Sedita commented, "The company had another quarter with solid execution on the margin front as well as FCF. Their ability to... More

Schlumberger Ltd. (SLB) Q3 Sales Plunge 33%, EPS 48% YoY; CEO Warns of 'Delayed' Recovery

October 15, 2015 4:44 PM EDT

Illustrating the headwinds facing the oil & gas sector, oil service giant Schlumberger Ltd. (NYSE: SLB) reported third quarter results which showed a sharp drop from last year.

Revenue fell 33% from last year to $8.47 billion and operating income fell 49% to $989 million. EPS was down... More

Schlumberger Ltd. (SLB) Declares $0.50 Quarterly Dividend; 2.7% Yield

October 15, 2015 1:01 PM EDT

Schlumberger Ltd. (NYSE: SLB) declared a quarterly dividend of $0.50 per share, or $2 annualized.

The dividend will be payable on January 8, 2016, to stockholders of record on December 2, 2015, with an ex-dividend date of November 30, 2015.

The annual yield on the dividend is 2.7 percent.

For a... More