Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Schlumberger NV    SLB   AN8068571086

SCHLUMBERGER NV

(SLB)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Schlumberger : To Record 3Q Non-Cash Charges, Review North America Land Portfolio

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/04/2019 | 02:55pm EDT

By Michael Dabaie

Schlumberger Ltd. (SLB) said it expects during the third quarter record material non-cash impairment charges relating to goodwill, intangible assets and fixed assets.

The company said in a Securities and Exchange Commission filing this is a result of the effects of current market valuations as well as various strategic decisions.

Schlumberger said it can't at this time determine the amount or range of amounts of such impairment charges.

Schlumberger is undertaking a strategic review of its North America Land portfolio "through the lens of fit-for-basin attributes, customer performance, and return on investment," according to prepared remarks for Chief Executive Olivier Le Peuch's presentation at the Barclays CEO Energy - Power Conference. "The direction I have given the organization is that all options are to be considered," the statement said.

Shares were up 4.5% to $33.14.

Write to Michael Dabaie at michael.dabaie@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
BARCLAYS PLC -2.65% 149.32 Delayed Quote.1.97%
SCHLUMBERGER NV -3.24% 38 Delayed Quote.8.95%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SCHLUMBERGER NV
09/16Schlumberger Shares Rising After Saudi Oil Attacks, Analyst Raising Recommend..
DJ
09/16Stocks to Watch: Exxon Mobil, Chevron, Schlumberger, Delta Air Lines, General..
DJ
09/13SCHLUMBERGER : IHS Markit and Schlumberger Announce Strategic Collaboration on t..
AQ
09/06U.S. shale firms cut budgets, staff as oil-price outlook dims
RE
09/04SCHLUMBERGER : To Record 3Q Non-Cash Charges, Review North America Land Portfoli..
DJ
09/04SCHLUMBERGER LIMITED/NV : Regulation FD Disclosure (form 8-K)
AQ
09/04SCHLUMBERGER : Introduces High-Definition Dual-Imaging-While-Drilling Service fo..
AQ
09/03SCHLUMBERGER NV : Ex-dividend day for
FA
08/26SCHLUMBERGER : Announces Third-Quarter 2019 Results Conference Call
BU
08/21SCHLUMBERGER : Announces Enterprise-Wide Deployment of DELFI Environment for Woo..
AQ
More news
Financials (USD)
Sales 2019 33 323 M
EBIT 2019 3 041 M
Net income 2019 2 067 M
Debt 2019 13 584 M
Yield 2019 5,09%
P/E ratio 2019 26,5x
P/E ratio 2020 19,7x
EV / Sales2019 2,04x
EV / Sales2020 1,90x
Capitalization 54 366 M
Chart SCHLUMBERGER NV
Duration : Period :
Schlumberger NV Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SCHLUMBERGER NV
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 34
Average target price 46,48  $
Last Close Price 39,31  $
Spread / Highest target 57,7%
Spread / Average Target 18,2%
Spread / Lowest Target -13,5%
EPS Revisions
Managers
NameTitle
Paal Kibsgaard Chairman & Chief Executive Officer
Simon Ayat Chief Financial Officer & Executive Vice President
Ashok Belani Executive Vice President-Technology
Justin Rounce Senior Vice President-Marketing & Technology
Michael E. Marks Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SCHLUMBERGER NV8.95%54 366
HALLIBURTON COMPANY-15.39%19 700
BAKER HUGHES5.67%15 045
TECHNIPFMC31.56%11 502
NATIONAL OILWELL VARCO-8.99%9 026
SAIPEM39.54%5 131