7 Basic Materials Stocks to Buy to Anchor Your Portfolio
The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!
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Shares Stats
| Shares Outstanding | 1,398,269,952 |
| Shares Float | 1,388,817,299 |
| Shares Short | 20,364,440 |
| Insider Holdings | 16% |
| Institution Holdings | 76.16% |
About Schlumberger Limited
Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide. It operates in four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company offers reservoir interpretation and data processing services; open and cased-hole, and slickline services; exploration and production pressure and flow-rate measurement services; tubing-conveyed perforating services; integrated production systems; software, consulting, information management, and IT infrastructure services; reservoir characterization, field development planning, and production enhancement consulting services; and petro technical data services and training solutions. It designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems, fluid systems and specialty equipment, production technology solutions, and engineered managed pressure and underbalanced drilling solutions; and offers environmental services and products; provides drilling and measurement, land drilling rigs, and related support services; and supplies well planning and drilling, engineering, supervision, logistics, procurement, and contracting services, as well as drilling rig management services. In addition, the company offers well services; coiled tubing equipment; hydraulic fracturing, multistage completions, perforating, coiled tubing equipment, and services; well completion services and equipment; artificial lift production equipment and optimization services; and production management services. Further, it provides integrated subsea production systems; drilling equipment and services; onshore and offshore platform wellhead systems and processing solutions; and valve and process systems. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
General
| Name | Schlumberger Limited |
| Ticker | SLB |
| Exchange | NYSE |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 86,000 |
Highlights
| Analyst Target | 29.04 |
| Market Cap | 39,431,213,056 |
| PE Ratio | 15.98 |
| PEG Ratio | 1.47 |
| EBITDA | 4,222,000,128 |
Financials
| Curr Year EPS Estimate | 1 |
| Next Quarter EPS Estimate | 0.17 |
| Profit Margin | -0.45 |
| Return on Assets | 0.02 |
| Return on Equity | -0.57 |
| Revenue | 23,601,000,448 |
| Earnings Per Share | -7.57 |
| Revenue Per Share | 16.98 |
| Gross Profit | 2,601,000,000 |
| Quarterly Revenue Growth | -0.33 |
Valuation
| Forward PE | 31.25 |
| Price/Sales (Trailing 12 Mt.) | 1.73 |
| Price/Book (Most Recent Quarter) | 3.41 |
Dividend
Schlumberger Limited pays out a dividend of $0.88 per share, with a dividend yield of 2.10%.
SLB's last dividend payment was made to shareholders on April 8, 2021.
They pay out 73.53% of their earnings out as a dividend.
Recent Dividends
| Apr 4, 2024 | $0.28 |
| Jan 11, 2024 | $0.25 |
| Oct 12, 2023 | $0.25 |
| Jul 13, 2023 | $0.25 |
| Apr 6, 2023 | $0.25 |
| Jan 12, 2023 | $0.18 |
| Oct 13, 2022 | $0.18 |
| Jul 14, 2022 | $0.18 |
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