Schlumberger
Market Cap
US$30.8b
Last Updated
2020/11/26 23:51 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet 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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: SLB's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
8.0%
SLB
9.8%
US Energy Services
2.1%
US Market
1 Year Return
-39.9%
SLB
-33.2%
US Energy Services
19.8%
US Market
Return vs Industry: SLB underperformed the US Energy Services industry which returned -33.1% over the past year.
Return vs Market: SLB underperformed the US Market which returned 19.7% over the past year.
Shareholder returns
| SLB | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.0% | 9.8% | 2.1% |
| 30 Day | 46.5% | 45.9% | 8.1% |
| 90 Day | 13.8% | 18.0% | 6.0% |
| 1 Year | -37.3%-39.9% | -31.1%-33.2% | 22.5%19.8% |
| 3 Year | -60.2%-64.8% | -56.8%-60.3% | 46.5%36.8% |
| 5 Year | -64.9%-70.5% | -59.0%-66.2% | 96.9%75.3% |
Long-Term 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
9 months ago | Simply Wall St
What Type Of Shareholder Owns Schlumberger Limited's (NYSE:SLB)?9 months ago | Simply Wall St
Did Changing Sentiment Drive Schlumberger's (NYSE:SLB) Share Price Down A Worrying 60%?10 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?
26.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SLB ($22.1) is trading below our estimate of fair value ($30.09)
Significantly Below Fair Value: SLB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SLB is unprofitable, so we can't compare its PE Ratio to the US 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 (2.6x) compared to the US Energy Services industry average (0.7x).
Next Steps
Future Growth
How is Schlumberger forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?
75.0%
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 (2.2%).
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 (5.2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: SLB's revenue (5.2% per year) is forecast to grow slower than 20% 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 (15.9%).
Next Steps
Past Performance
How has Schlumberger performed over the past 5 years?
-65.2%
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 65.2% 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 (-38.2%).
Return on Equity
High ROE: SLB has a negative Return on Equity (-85.09%), 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 ($14.2B) exceed its short term liabilities ($11.7B).
Long Term Liabilities: SLB's short term assets ($14.2B) do not cover its long term liabilities ($20.0B).
Debt to Equity History and Analysis
Debt Level: SLB's debt to equity ratio (132.2%) is considered high.
Reducing Debt: SLB's debt to equity ratio has increased from 32.6% to 132.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SLB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SLB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.8% per year.
Next Steps
Dividend
What is Schlumberger current dividend yield, its reliability and sustainability?
2.26%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SLB's dividend (2.26%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: SLB's dividend (2.26%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: SLB's dividend payments have been volatile in the past 10 years.
Growing Dividend: SLB's dividend payments have fallen 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 forecast to be well covered by earnings (29.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Olivier Le Peuch (56 yo)
1.25yrs
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 ($USD10.79M).
Compensation vs Earnings: Olivier's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.25yrs | US$19.12m | 0.015% $ 4.5m | |
| Executive VP of Operations & Geographies | 1.58yrs | US$8.63m | 0.0095% $ 2.9m | |
| Executive VP of Services & Equipment | 1.75yrs | US$7.48m | 0.012% $ 3.6m | |
| Executive VP & CFO | 0.83yr | no data | 0.0043% $ 1.3m | |
| Chief Accounting Officer | 15.33yrs | no data | 0.0040% $ 1.2m | |
| Chief Technology Officer | 0.75yr | no data | no data | |
| Chief Information Officer | 3.67yrs | no data | no data | |
| Vice President of Investor Relations | 0.33yr | no data | no data | |
| Secretary & General Counsel | 11.58yrs | US$7.12m | 0.0073% $ 2.2m | |
| Director of Corporate Communication | 4.58yrs | no data | no data | |
| Senior Vice President of Sales & Commercial | 4.25yrs | no data | no data | |
| Senior Vice President of Marketing & Technology | 4.25yrs | no data | no data |
2.7yrs
Average Tenure
51yo
Average Age
Experienced Management: SLB's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.25yrs | US$19.12m | 0.015% $ 4.5m | |
| Non-Executive Chairman | 1.25yrs | US$466.34k | 0.0036% $ 1.1m | |
| Independent Director | 11.83yrs | US$329.18k | 0.0028% $ 858.3k | |
| Independent Director | 9.58yrs | US$326.68k | 0.0029% $ 901.4k | |
| Director | 3.58yrs | US$329.18k | 0.0016% $ 504.5k | |
| Independent Director | 13.83yrs | US$357.27k | 0.0031% $ 944.5k | |
| Independent Director | 1.08yrs | US$35.05k | 0.00097% $ 298.4k | |
| Independent Director | 1.08yrs | US$35.05k | 0.00097% $ 298.4k | |
| Independent Director | 2.08yrs | US$316.68k | 0.0012% $ 381.5k | |
| Director | 0.083yr | no data | no data |
1.7yrs
Average Tenure
62yo
Average Age
Experienced Board: SLB's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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$30.764b
- 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 |
| 0SCL | 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 |
| SLBP | 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. It operates in four divisions: Digital & Integration, Re...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 23:51 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| 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.