Schlumberger Announces First-Quarter 2016 Results

Griffin Securities Downgrades Schlumberger (SLB) to Sell

Griffin Securities earlier downgraded Schlumberger (NYSE: SLB) from Neutral to Sell.

For an analyst ratings summary and ratings history on Schlumberger click here. For more ratings news on Schlumberger click here.

Shares of Schlumberger closed at $79.93 yesterday.

Jefferies Raises price Target on Schlumberger Ltd. (SLB) with Increased Confidence; Reiterates Hold

Jefferies maintained a Hold rating on Schlumberger (NYSE: SLB), and raised the price target to $80.00 (from $71.00), despite cutting estimates. Estimates for 2016/2017/2018 have been cut to $1.10/$1.95/$4.00 from $1.90/ $2.95/$4.65. However, Jefferies has increased confidence in the company's ability for a spending recovery.

Analyst Brad Handler commented, "We lower estimates for 2016/2017/2018 to... More

Schlumberger (SLB) PT Raised to $88 at Nomura Securities

Nomura Securities analyst Matthew Johnston raised estimates and his price target on Buy-rated Schlumberger (NYSE: SLB) to $88.00 (from $81.00) after the company surpassed the firm's most important 1Q benchmarks.

" Most notably, the company posted strong margins in the international segments, alleviating concerns that pricing... More

KLR Group Raises Price Target on Schlumberger Ltd. (SLB) to $106; Reiterates Buy

KLR Group reiterated a Buy rating on Schlumberger Ltd. (NYSE: SLB), and raised the price target to $106.00 (from $103.00). SLB stated that declining US and international production rates may eliminate market oversupply by the end of 2016. A lack of spending and upstream activity creates... More

Schlumberger Ltd. (SLB) Tops Q1 EPS by 1c

Schlumberger Ltd. (NYSE: SLB) reported Q1 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $6.52 billion versus the consensus estimate of $6.51 billion.

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