Brokers Issue Forecasts for Schlumberger Q1 Earnings

Schlumberger Limited (NYSE:SLBFree Report) – Investment analysts at Griffin Securities issued their Q1 2026 EPS estimates for Schlumberger in a research note issued to investors on Sunday, May 4th. Griffin Securities analyst K. Simpson forecasts that the oil and gas company will earn $0.73 per share for the quarter. The consensus estimate for Schlumberger’s current full-year earnings is $3.38 per share. Griffin Securities also issued estimates for Schlumberger’s Q2 2026 earnings at $0.77 EPS, Q3 2026 earnings at $0.80 EPS, Q4 2026 earnings at $0.84 EPS and FY2026 earnings at $3.14 EPS.

Schlumberger (NYSE:SLBGet Free Report) last released its quarterly earnings results on Friday, April 25th. The oil and gas company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.01). Schlumberger had a return on equity of 21.90% and a net margin of 12.29%. The company had revenue of $8.49 billion for the quarter, compared to the consensus estimate of $8.64 billion. During the same quarter last year, the company posted $0.75 EPS. The business’s revenue was down 2.5% compared to the same quarter last year.

Several other analysts also recently issued reports on SLB. Citigroup upped their price objective on shares of Schlumberger from $50.00 to $54.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. Piper Sandler reduced their price objective on Schlumberger from $46.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, April 29th. Wells Fargo & Company upgraded shares of Schlumberger from an “equal weight” rating to an “overweight” rating and dropped their price objective for the stock from $46.00 to $44.00 in a report on Tuesday, April 8th. Evercore ISI reiterated an “in-line” rating and issued a $44.00 target price (down previously from $62.00) on shares of Schlumberger in a research note on Wednesday, January 15th. Finally, Stifel Nicolaus decreased their target price on Schlumberger from $58.00 to $54.00 and set a “buy” rating on the stock in a research report on Monday, April 28th. Five analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Schlumberger presently has an average rating of “Moderate Buy” and an average target price of $53.32.

View Our Latest Analysis on SLB

Schlumberger Stock Down 0.4 %

Shares of Schlumberger stock opened at $33.62 on Tuesday. Schlumberger has a 12-month low of $31.11 and a 12-month high of $50.94. The stock has a market capitalization of $45.72 billion, a P/E ratio of 10.81, a PEG ratio of 10.10 and a beta of 1.06. The company has a quick ratio of 1.11, a current ratio of 1.45 and a debt-to-equity ratio of 0.49. The stock has a 50 day moving average price of $37.55 and a two-hundred day moving average price of $39.91.

Schlumberger Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Wednesday, June 4th will be issued a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend is Wednesday, June 4th. Schlumberger’s dividend payout ratio is currently 38.64%.

Insider Activity at Schlumberger

In related news, insider Aparna Raman sold 25,133 shares of the company’s stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $42.28, for a total transaction of $1,062,623.24. Following the transaction, the insider now owns 31,031 shares in the company, valued at $1,311,990.68. This represents a 44.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gavin Rennick sold 26,990 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $40.92, for a total transaction of $1,104,430.80. Following the sale, the insider now directly owns 53,584 shares in the company, valued at approximately $2,192,657.28. This represents a 33.50 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by insiders.

Institutional Trading of Schlumberger

Several hedge funds have recently modified their holdings of the stock. McCollum Christoferson Group LLC lifted its holdings in Schlumberger by 7.0% during the 1st quarter. McCollum Christoferson Group LLC now owns 101,985 shares of the oil and gas company’s stock worth $4,263,000 after buying an additional 6,695 shares in the last quarter. Hedeker Wealth LLC bought a new position in Schlumberger in the first quarter valued at about $1,623,000. Assetmark Inc. raised its holdings in Schlumberger by 8.1% during the 1st quarter. Assetmark Inc. now owns 47,351 shares of the oil and gas company’s stock worth $1,979,000 after purchasing an additional 3,566 shares during the last quarter. ANB Bank boosted its stake in shares of Schlumberger by 3.6% in the 1st quarter. ANB Bank now owns 14,073 shares of the oil and gas company’s stock valued at $588,000 after purchasing an additional 490 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Schlumberger by 42.5% during the 1st quarter. Cetera Investment Advisers now owns 305,867 shares of the oil and gas company’s stock worth $12,785,000 after buying an additional 91,280 shares during the period. 81.99% of the stock is owned by institutional investors.

Schlumberger Company Profile

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Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.

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Earnings History and Estimates for Schlumberger (NYSE:SLB)

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