Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Schlumberger fell $1.17 (-1.6%) to $70.09 on average volume. Throughout the day, 6.4 million shares of Schlumberger exchanged hands as compared to its average daily volume of 5.8 million shares. The stock ranged in price between $69.75-$71.79 after having opened the day at $71.67 as compared to the previous trading day's close of $71.26. Other companies within the Energy industry that declined today were:
), down 17.6%,
), down 10%,
), down 8.5%, and
), down 8%.
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Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. Schlumberger has a market cap of $97.09 billion and is part of the basic materials sector. The company has a P/E ratio of 17.9, below the average energy industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 7.1% year to date as of the close of trading on Tuesday. Currently there are 24 analysts that rate Schlumberger a buy, no analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates Schlumberger as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Schlumberger Ratings Report.
On the positive front,
), up 15.2%,
), up 10.7%,
), up 6.1%, and
), up 5.9%, were all gainers within the energy industry with
) being today's featured energy industry leader.
- 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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