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