UPDATE: Schlumberger (SLB) PT Raised to $49 at Griffin Securities

Go back to UPDATE: Schlumberger (SLB) PT Raised to $49 at Griffin Securities

Schlumberger Ltd. (SLB) Raises Quarterly Dividend 40% to $0.175; 1.7% Yield

April 22, 2022 7:02 AM EDT

Schlumberger Ltd. (NYSE: SLB) declared a quarterly dividend of $0.175 per share, or $0.7 annualized. This is a 40% increase from the prior dividend of $0.125.

The dividend will be payable on July 14, 2022, to stockholders of record on June 1, 2022, with an ex-dividend date of May 31,... More

Schlumberger reports higher profit as drilling activity increases, hikes dividend

April 22, 2022 6:54 AM EDT

By Rithika Krishna and Liz Hampton

(Reuters) - Top oilfield services firm Schlumberger reported a higher first-quarter profit on Friday and increased its dividend by 40%, as rising oil prices boosted demand for services and equipment.

Oil prices climbed to their highest in more than a decade during the quarter as Russia's invasion of Ukraine upended global supply dynamics. Oilfield service firms, including Halliburton Co and Baker Hughes Co, posted stronger year-over-year profits and are forecasting higher margins this year as activity recovers from the coronavirus pandemic.

"The confluence of elevated commodity prices, demand-led activity growth, and... More

Schlumberger Ltd. (SLB) Raises Quarterly Dividend 40% to $0.175; 1.7% Yield

April 22, 2022 6:52 AM EDT

Schlumberger Ltd. (NYSE: SLB) declared a quarterly dividend of $0.175 per share, or $0.7 annualized. This is a 40% increase from the prior dividend of $0.125.

The dividend will be payable on July 14, 2023, to stockholders of record on June 1, 2023, with an ex-dividend date of May 31,... More

Schlumberger Ltd. (SLB) Tops Q1 EPS by 2c

April 22, 2022 6:51 AM EDT

Schlumberger Ltd. (NYSE: SLB) reported Q1 EPS of $0.34, $0.02 better than the analyst estimate of $0.32. Revenue for the quarter came in at $6 billion versus the consensus estimate of $5.42 billion.

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

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Schlumberger Ltd. (SLB) call put ratio 1.2 calls to 1 put as shares sell off 3.5% into quarter results and outlook

April 21, 2022 1:37 PM EDT

Schlumberger Ltd. (NYSE: SLB) April weekly call option implied volatility is at 95, May is at 50; compared to its 52-week range of 36 to 62 into the expected release of quarter results before the bell on April 22. Call put ratio 1.2 calls to 1 put as shares sell off 3.5%.

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