Schlumberger Announces Second-Quarter 2016 Results

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Go back to Schlumberger Announces Second-Quarter 2016 Results

Jefferies Raises Price Target on Schlumberger Ltd. (SLB) to $88; Reiterates Hold

July 25, 2016 7:33 AM EDT

Jefferies reiterated a Hold rating on Schlumberger Ltd. (NYSE: SLB), and raised the price target to $88.00 (from $85.00), following the company's 2Q earnings report.

Analyst Brad Handler commented, "SLB has both called effective bottom and refocused investors on the earnings potential of its transformation program... More

Simmons Raises price Target on Schlumberger Ltd. (SLB) Following 2Q Earnings Review

July 25, 2016 7:12 AM EDT

Simmons reiterated an Overweight rating on Schlumberger Ltd. (NYSE: SLB), and raised the price target to $97.00 (from $84.00), following a 2Q earnings review.

Analyst Bill Herbert commented, "We are increasing estimates sharply due to elevating our price deck last month to $60/bbl in 2017... More

UBS Reiterates Buy on Schlumberger Ltd. (SLB) Following 2Q Results

July 22, 2016 10:06 AM EDT

UBS reiterated a Buy rating and $94.00 price target on Schlumberger (NYSE: SLB) following the company's 2Q earnings report. Total revenues were in-line with estimates with Drilling coming in 2% ahead of estimates, offset by lower revenues from Cameron. EPS was $0.01 ahead of estimates.

Analyst Angie Sedita... More

Schlumberger Ltd. (SLB) Tops Q2 EPS by 2c

July 21, 2016 4:11 PM EDT

Schlumberger Ltd. (NYSE: SLB) reported Q2 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $7.16 billion versus the consensus estimate of $7.13 billion.

For earnings history and earnings-related data on Schlumberger Ltd. (SLB) click here.

... More