Media coverage about Schlumberger (NYSE:SLB) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Schlumberger earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 47.0468893886958 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern’s analysis:

SLB stock opened at $59.70 on Friday. Schlumberger has a fifty-two week low of $59.25 and a fifty-two week high of $80.35. The firm has a market cap of $83.34 billion, a P/E ratio of 39.80, a price-to-earnings-growth ratio of 5.47 and a beta of 0.96. The company has a quick ratio of 0.85, a current ratio of 1.12 and a debt-to-equity ratio of 0.38.

Schlumberger (NYSE:SLB) last released its quarterly earnings results on Friday, July 20th. The oil and gas company reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.01. Schlumberger had a positive return on equity of 6.25% and a negative net margin of 2.34%. The firm had revenue of $8.30 billion during the quarter, compared to analysts’ expectations of $8.35 billion. During the same period last year, the firm posted $0.35 EPS. The business’s revenue was up 11.3% on a year-over-year basis. equities research analysts expect that Schlumberger will post 1.84 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 12th. Stockholders of record on Wednesday, September 5th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, September 4th. This represents a $2.00 annualized dividend and a dividend yield of 3.35%. Schlumberger’s dividend payout ratio (DPR) is currently 133.33%.

Several equities analysts recently commented on the company. Wells Fargo & Co raised their target price on Schlumberger from $76.00 to $82.00 and gave the stock an “outperform” rating in a research report on Thursday, May 24th. Citigroup cut their target price on Schlumberger from $84.00 to $79.00 and set a “buy” rating for the company in a research report on Wednesday, June 13th. Credit Suisse Group set a $80.00 target price on Schlumberger and gave the stock a “buy” rating in a research report on Tuesday, June 12th. Piper Jaffray Companies restated a “buy” rating and set a $80.00 target price on shares of Schlumberger in a research report on Monday, July 23rd. Finally, Jefferies Financial Group set a $80.00 target price on Schlumberger and gave the stock a “buy” rating in a research report on Monday, July 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $79.90.

In other news, Director Michael E. Marks bought 8,000 shares of the stock in a transaction dated Thursday, September 6th. The stock was bought at an average cost of $60.31 per share, with a total value of $482,480.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.48% of the stock is currently owned by company insiders.

About Schlumberger

Schlumberger Limited supplies technology products and services to the oil and gas exploration and production industry worldwide. The company's Reservoir Characterization Group segment provides reservoir interpretation and data processing services; open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services at the surface and downhole; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services.

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