Schlumberger Ltd. (SLB) Declares $0.50 Quarterly Dividend; 3% Yield
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July 24, 2017 2:18 PM EDT
Susquehanna options strategist Alison Edwards notes short-dated put buying activity in Schlumberger Ltd. (NYSE: SLB) following earnings last week, as investors bought this weeks Jul28 65, 66, and 65.5 Puts, ~1500x each.
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July 24, 2017 7:22 AM EDT
Jefferies lowered its price target on Schlumberger (NYSE: SLB) to $80.00 (from $92.00) while maintaining a Buy rating. Analyst Brad Handler lowered estimates for 2018+, to reflect slower growth globally that can reasonably be expected from the psychology associated with lower oil prices.
Jefferies raised... More
July 21, 2017 7:01 AM EDT
Schlumberger Ltd. (NYSE: SLB) reported Q2 EPS of $0.35, $0.05 better than the analyst estimate of $0.30. Revenue for the quarter came in at $7.5 billion versus the consensus estimate of $7.25 billion.
Revenue of $7.5 billion increased 8% sequentiallyPretax operating income of $950 million increased 25% sequentiallyGAAP loss...
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