Schlumberger NV (SLB): Today's Featured Energy Laggard

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

Schlumberger ( SLB) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Schlumberger fell $1.18 (-1.5%) to $75.68 on average volume. Throughout the day, 9,299,508 shares of Schlumberger exchanged hands as compared to its average daily volume of 6,557,500 shares. The stock ranged in price between $74.96-$76.23 after having opened the day at $75.59 as compared to the previous trading day's close of $76.86. Other companies within the Energy industry that declined today were: Cubic Energy ( QBC), down 17.3%, TransAtlantic Petroleum ( TAT), down 9.6%, Global Geophysical Services ( GGS), down 7.5% and PrimeEnergy ( PNRG), down 5.5%.
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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 $102.4 billion and is part of the basic materials sector. The company has a P/E ratio of 19.0, above the S&P 500 P/E ratio of 17.7. Shares are up 10.9% year to date as of the close of trading on Tuesday. Currently there are 23 analysts that rate Schlumberger a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Schlumberger as a hold. 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, poor profit margins and disappointing return on equity.

On the positive front, New Concept Energy ( GBR), down 25.7%, Cal Dive International ( DVR), down 19.4%, YPF Sociedad Anonima ( YPF), down 9.3% and Endeavour International ( END), down 7.6% , were all gainers within the energy industry with Marathon Petroleum ( MPC) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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