FBR Capital Markets We are initiating coverage of the oil-field-services, -equipment and -drilling sector, and we suggest that investors overweight it. We believe the global macroeconomic outlook should ...
Schlumberger was a winner within the basic materials sector, rising $1.28 (1.5%) to $88.15 on average volume
Oil prices over the last quarter have challenged oil and gas drilling companies to watch their bottom line. In turn this has also challenged the oil and gas service industry. You may be familiar with such ...
Schlumberger is a big company but is still growing at a decent clip
Baker Hughes retreats after pointing to 'seasonal declines' in Q4
Schlumberger Ltd expects the temporary shutdown of its operations in southern Iraq last month in a "security incident" to reduce fourth-quarter profits about 2 percent, the oilfield services company on Tuesday. "With strong support from the authorities, we are almost back to normal activity levels at this stage, and expect to see continued strong growth for our business in Iraq next year," Patrick Schorn, Schlumberger's president of operations and integration, told an investor conference. Dozens of Shi'ite Muslim workers and tribesmen stormed the Schlumberger camp in North Rumaila and wrecked offices on Nov. 11 after accusing a foreign security adviser of insulting their religion, according to police and employees. Speaking at the Cowen and Co Ultimate Energy Conference, Schorn said the shutdown would have an impact of 2 cents to 3 cents per share for the quarter.
Baghdad is close to agreeing lower production targets for peak output at a big field operated by ExxonMobil, demonstrating the challenges international oil companies face in trying to raise goals for Iraq's ...
Schlumberger (NYSE:SLB) has been reiterated by TheStreet Ratings as a buy with a ratings score of B-
The recent deal with Iran gives many some hope that Iran will start producing more oil again, but that shouldn't concern energy investors.
Looking at the universe of stocks we cover at Dividend Channel, on 12/3/13, Mosaic Co (NYSE: MOS), Franco-Nevada Corp (NYSE: FNV), and Schlumberger Ltd. (NYSE: SLB) will all trade ex-dividend for their respective upcoming dividends. Mosaic Co will pay its quarterly dividend of $0.25 on 12/19/13, Franco-Nevada Corp will pay
The ex-dividend date for Schlumberger (NYSE:SLB) is Monday, December 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $88.35 as of 9:50 a.m., the dividend yield is 1.4%.