Schlumberger
Market Cap
US$22.9b
Last Updated
2020/04/10 03:50 UTC
Data Sources
Company Financials +
Executive Summary
Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide.
Rewards
Risk Analysis
Dividend of 12.76% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Average dividend payer with moderate growth potential.
Similar Companies
Share Price & News
How has Schlumberger's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SLB's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
15.3%
SLB
19.6%
US Energy Services
9.4%
US Market
1 Year Return
-63.9%
SLB
-66.9%
US Energy Services
-6.8%
US Market
Return vs Industry: SLB exceeded the US Energy Services industry which returned -72.5% over the past year.
Return vs Market: SLB underperformed the US Market which returned -15.9% over the past year.
Shareholder returns
| SLB | Industry | Market | |
|---|---|---|---|
| 7 Day | 15.3% | 19.6% | 9.4% |
| 30 Day | -5.2% | -5.6% | -3.9% |
| 90 Day | -58.6% | -58.2% | -16.5% |
| 1 Year | -61.8%-63.9% | -65.7%-66.9% | -4.8%-6.8% |
| 3 Year | -76.1%-78.9% | -75.4%-78.8% | 23.4%15.2% |
| 5 Year | -78.8%-82.3% | -78.7%-82.5% | 41.3%25.7% |
Price Volatility Vs. Market
How volatile is Schlumberger's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What Type Of Shareholder Owns Schlumberger Limited's (NYSE:SLB)?2 months ago | Simply Wall St
Did Changing Sentiment Drive Schlumberger's (NYSE:SLB) Share Price Down A Worrying 60%?3 months ago | Simply Wall St
Need To Know: Schlumberger Limited (NYSE:SLB) Insiders Have Been Selling SharesValuation
Is Schlumberger undervalued compared to its fair value and its price relative to the market?
0.96x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SLB ($15.67) is trading above our estimate of fair value ($13.76)
Significantly Below Fair Value: SLB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SLB is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.
PE vs Market: SLB is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SLB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SLB is overvalued based on its PB Ratio (0.9x) compared to the US Energy Services industry average (0.3x).
Next Steps
Future Growth
How is Schlumberger forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?
103.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SLB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: SLB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SLB's is expected to become profitable in the next 3 years.
Revenue vs Market: SLB's revenue is expected to decline over the next 3 years (-3.9% per year).
High Growth Revenue: SLB's revenue is forecast to decline over the next 3 years (-3.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SLB's Return on Equity is forecast to be low in 3 years time (8.4%).
Next Steps
Past Performance
How has Schlumberger performed over the past 5 years?
-57.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLB is currently unprofitable.
Growing Profit Margin: SLB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SLB is unprofitable, and losses have increased over the past 5 years at a rate of -57.3% per year.
Accelerating Growth: Unable to compare SLB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SLB is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-34.4%).
Return on Equity
High ROE: SLB has a negative Return on Equity (-41.81%), as it is currently unprofitable.
Next Steps
Financial Health
How is Schlumberger's financial position?
Financial Position Analysis
Short Term Liabilities: SLB's short term assets ($15.5B) exceed its short term liabilities ($13.1B).
Long Term Liabilities: SLB's short term assets ($15.5B) do not cover its long term liabilities ($19.0B).
Debt to Equity History and Analysis
Debt Level: SLB's debt to equity ratio (63.3%) is considered high.
Reducing Debt: SLB's debt to equity ratio has increased from 35.1% to 63.3% over the past 5 years.
Debt Coverage: SLB's debt is well covered by operating cash flow (35.5%).
Interest Coverage: SLB is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Schlumberger's current dividend yield, its reliability and sustainability?
12.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SLB's dividend (12.76%) is higher than the bottom 25% of dividend payers in the US market (2.07%).
High Dividend: SLB's dividend (12.76%) is in the top 25% of dividend payers in the US market (5.82%)
Stability and Growth of Payments
Stable Dividend: SLB's dividends per share have been stable in the past 10 years.
Growing Dividend: SLB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: SLB is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: SLB's dividends in 3 years are not forecast to be well covered by earnings (144.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Olivier Le Peuch (55yo)
0.67
Tenure
US$19,117,170
Compensation
Mr. Olivier Le Peuch has been Chief Executive Officer and Director of Schlumberger Limited since August 1, 2019. Mr. Le Peuch served as Chief Operating Officer at Schlumberger Limited since February 8, 201 ...
CEO Compensation Analysis
Compensation vs Market: Olivier's total compensation ($USD19.12M) is above average for companies of similar size in the US market ($USD12.04M).
Compensation vs Earnings: Olivier's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.67yr | US$19.12m | 0.012% $2.7m | |
| Executive Vice President of Operations | 1yr | US$8.63m | 0.0086% $2.0m | |
| Executive Vice President of Wells | 1.92yrs | US$8.91m | 0.0083% $1.9m | |
| Executive Vice President of Reservoir & Infrastructure | 1.17yrs | US$7.48m | 0.011% $2.5m | |
| Executive VP & CFO | 0.25yr | no data | 0.0038% $873.4k | |
| Chief Accounting Officer | 14.75yrs | no data | 0.0035% $802.5k | |
| Chief Technology Officer | 0.17yr | no data | no data | |
| Chief Information Officer | 3.08yrs | no data | no data | |
| Vice President of Investor Relations | 6.17yrs | no data | 0.0026% $599.0k | |
| Secretary & General Counsel | 11yrs | US$7.12m | 0.0085% $1.9m |
1.5yrs
Average Tenure
50yo
Average Age
Experienced Management: SLB's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.67yr | US$19.12m | 0.012% $2.7m | |
| Non-Executive Chairman | 0.67yr | US$466.34k | 0.0013% $294.9k | |
| Independent Director | 11.25yrs | US$329.18k | 0.0020% $452.7k | |
| Independent Director | 9yrs | US$326.68k | 0.0021% $484.7k | |
| Director | 3yrs | US$329.18k | 0.00083% $189.8k | |
| Independent Director | 13.25yrs | US$357.27k | 0.0023% $519.0k | |
| Independent Director | 0.50yr | US$35.05k | 0.00016% $36.6k | |
| Independent Director | 0.50yr | US$35.05k | 0.00016% $36.6k | |
| Independent Director | 1.5yrs | US$316.68k | 0.00043% $98.3k |
1.5yrs
Average Tenure
61yo
Average Age
Experienced Board: SLB's board of directors are considered experienced (3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SLB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Schlumberger Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Schlumberger Limited
- Ticker: SLB
- Exchange: NYSE
- Founded: 1926
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$22.863b
- Shares outstanding: 1.39b
- Website: https://www.slb.com
Number of Employees
Location
- Schlumberger Limited
- 5599 San Felipe
- Houston
- Texas
- 77056
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SLB | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| SCL | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| SLB | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jan 1968 |
| SLB N | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| SLB | BASE (Buenos Aires Stock Exchange) | Yes | Common Stock | AR | ARS | Jan 1968 |
| SLB | ENXTPA (Euronext Paris) | Yes | Common Stock | FR | EUR | Jan 1968 |
| SCL | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| SLBZ | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Jan 1968 |
| SLB | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 3 REPR 1 ORD USD0.01 | AR | ARS | Jul 2001 | |
| SLBG34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM USD0.01 | BR | BRL | Aug 2012 |
Biography
Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide. The company’s 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; and petro technical data services and training solutions. 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. This segment also provides drilling and measurement, land drilling rigs, and related support services; and supplies well planning and drilling, engineering, supervision, logistics, procurement, and contracting services, as well as drilling rig management services. The company’s Production segment offers well services; coiled tubing equipment; hydraulic fracturing, multistage completions, perforating, coiled tubing equipment, and services; well completion services and equipment; artificial lift production equipment and optimization services; and production management services. Its Cameron segment offers integrated subsea production systems; drilling equipment and services; onshore and offshore platform wellhead systems and processing solutions; and valve and process systems. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/10 03:50 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.