Schlumberger NV (SLB): Today's Featured Energy Winner
(
) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.6%. By the end of trading, Schlumberger rose $1.12 (1.6%) to $72.78 on average volume. Throughout the day, 6,409,036 shares of Schlumberger exchanged hands as compared to its average daily volume of 7,029,400 shares. The stock ranged in a price between $71.95-$73.34 after having opened the day at $72.19 as compared to the previous trading day's close of $71.66. Other companies within the Energy industry that increased today were:
GMX Resources
(
GMXRQ
), up 11.8%,
(
), up 11.0%,
(
), up 10.3% and
(
), up 7.5%.
Schlumberger Limited, together with its subsidiaries, engages in the supply of technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $95.6 billion and is part of the basic materials sector. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 3.4% year to date as of the close of trading on Friday. Currently there are 22 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates Schlumberger as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.
- You can view the full Schlumberger Ratings Report.
On the negative front,
(
), down 88.9%,
(
), down 6.8%,
(
), down 5.2% and
(
), down 5.1% , were all laggards within the energy industry with
(
) being today's energy industry laggard.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
(
) while those bearish on the energy industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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