Schlumberger N.V. (NYSE:SLB) is set to announce third quarter earning results on Friday 16th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, SLB to report 3Q20 income of $ 0.12 per share.
For the full year, analysts anticipate top line of $ 23528.30 million, while looking forward to income of $ 0.56 per share bottom line.
Stock Performance
Shares of Schlumberger N.V. traded up $ 0.47 or 2.95 percent on Thursday, reaching $ 16.42 with volume of 15.50 million shares. Schlumberger N.V. has traded high as $ 16.44 and has cracked $ 15.55 on the downward trend
According to the previous trading day, closing price of $ 16.42, representing a 34.37 % increase from the 52 week low of $ 11.87 and a 61.23 % decrease over the 52 week high of $ 41.14.
The company has a market capital of $ 22.79 billion and is part of the Energy sector and Oil & Gas Equipment & Services industry.
Recent Analyst recommendations
- On 2nd October 2020, initiated by BMO Capital Markets at Outperform rating, with $ 21.00 target price.
Conference Call
Schlumberger N.V. will be hosting a conference call at 8:30 AM eastern time on 16th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.slb.com
Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide. The companys Reservoir Characterization segment offers reservoir interpretation and data processing services; open and cased-hole, and slickline services; exploration and production pressure and flow-rate measurement services; tubing-conveyed perforating services; integrated production systems; software, consulting, information management, and IT infrastructure services; reservoir characterization, field development planning, and production enhancement consulting services; petro technical data services and training solutions; and integrated management services. Its Drilling segment designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems, fluid systems and specialty equipment, production technology solutions, and engineered managed pressure and underbalanced drilling solutions; and offers environmental services and products.
