Schlumberger (SLB) PT Raised to $51 at Wolfe Research
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Midday Movers: Snap, American Express, Adidas and More
October 21, 2022 1:28 PM EDTBy Liz Moyer
Investing.com -- Stocks jumped on Friday on a glimmer of hope the Federal Reserve could start easing back on its interest rate hikes after its November meeting. Here are the midday movers for Oct. 21:
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Popular stocks with increasing volume: PFE XOM VZ NIO PBR SLB
October 21, 2022 10:00 AM EDTPopular stocks with increasing volume: PFE XOM VZ NIO PBR SLB
... MoreSnap, Twitter, Verizon Fall Premarket; CSX, Schlumberger Rise
October 21, 2022 8:43 AM EDTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, October 21st. Please refresh for updates.
Snap (NYSE: SNAP) stock slumped 28% after the owner of photo messaging app Snapchat forecast zero revenue growth for the current quarter, facing strong competition for advertising spending.
Twitter (NYSE:... More
Schlumberger's 3Q profit tops forecasts as oil drilling jumps
October 21, 2022 6:55 AM EDTBy Liz Hampton and Ruhi Soni
(Reuters) -Schlumberger on Friday reported its strongest quarterly profit since 2015 with results that topped Wall Street forecasts on oilfield drilling and equipment sales that surged on high oil and gas prices.
Oil and gas producers are increasing production with crude prices near eight-year highs, boosting demand for Schlumberger's equipment, services and technology.
Brent crude prices averaged $98.96 a barrel during the quarter, up 33% from the third quarter of 2021.
Schlumberger's net income was $907 million, or 63 cents a share, for the quarter ended Sept. 30,... More
Schlumberger Ltd. (SLB) Declares $0.175 Quarterly Dividend; 1.5% Yield
October 21, 2022 6:55 AM EDTSchlumberger Ltd. (NYSE: SLB) declared a quarterly dividend of $0.175 per share, or $0.7 annualized.
The dividend will be payable on January 12, 2023, to stockholders of record on December 7, 2022, with an ex-dividend date of December 6, 2022.
The annual yield on the dividend is 1.5 percent.
For a... More
Schlumberger Ltd. (SLB) Tops Q3 EPS by 8c, Revenues Beat
October 21, 2022 6:55 AM EDTSchlumberger Ltd. (NYSE: SLB) reported Q3 EPS of $0.63, $0.08 better than the analyst estimate of $0.55. Revenue for the quarter came in at $7.5 billion versus the consensus estimate of $7.1 billion.
For earnings history and earnings-related data on Schlumberger Ltd. (SLB) click here.
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