Schlumberger Stock To Go Ex-dividend Tomorrow (SLB)

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.

NEW YORK ( TheStreet) -- The ex-dividend date for Schlumberger (NYSE: SLB) is tomorrow, November 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $69.10 as of 9:40 a.m. ET, the dividend yield is 1.6%.

The average volume for Schlumberger has been six million shares per day over the past 30 days. Schlumberger has a market cap of $93.5 billion and is part of the basic materials sector and energy industry. Shares are up 3.1% year to date as of the close of trading on Tuesday.

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Schlumberger as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Schlumberger Ratings Report.

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