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November 24, 2009 6:32 PM ET

Schlumberger Limited

(SLB:NYSE)

LAST $65.56 USD
CHANGE TODAY +0.93 1.44%
VOLUME 7.1M
As of 4:00 PM 11/24/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Schlumberger Limited (SLB)

OPEN
$64.37
PREVIOUS CLOSE
$64.63
DAY HIGH
$65.60
DAY LOW
$63.86
52 WEEK HIGH
10/19/09 - $71.10
52 WEEK LOW
02/23/09 - $35.05
MARKET CAP
78.7B
AVERAGE VOLUME 3 mo
7.7M
DILUTED EPS TTM
$2.88
SHARES OUTSTANDING
1.2B
EX-DATE
11/30/09
P/E TTM
22.7x
DIVIDEND
$0.84
DIVIDEND YIELD
1.28%
K = Thousands  M = Millions  B = Billions

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SLB Details

Schlumberger Limited operates as an oilfield services company in the United States and internationally. It operates in two segments, Oilfield Services and WesternGeco. The Oilfield Services segment provides technology, project management, and information solutions to the oil and gas exploration and production industry. This segment offers wireline technologies comprising open-hole and cased-hole services; directional-drilling, measurement-while-drilling, and logging-while-drilling services; exploration and production pressure and flow-rate measurement services at the surface and downhole; and services used during oil and gas well drilling and completion. It also offers various services that are used to maintain production throughout the life of a well; well completion services and equipment; artificial lift; data and consulting services; and information solutions, including consulting, software, information management, and IT infrastructure products and services that support core oil and gas industry operational processes. The WesternGeco segment provides reservoir imaging, monitoring, and development services, as well as operates seismic crews and data processing centers, and multi-client seismic library. This segment’s services range from 3D and time-lapse (4D) seismic surveys to multi-component surveys for delineating prospects and reservoir management. The company has a joint venture agreement with National Oilwell Varco, Incorporated to provide high speed drill string telemetry systems. Schlumberger Limited was founded in 1927 and is based in Houston, Texas with additional offices in Hague, The Netherlands and Paris, France.

87,000 Employees
Founded in 1927

SLB Top Compensated Officers

Chairman and Chief Executive Officer
Age: 62
Total Annual Compensation: $2.5M
Chief Financial Officer and Executive Vice Pr...
Age: 54
Total Annual Compensation: $750.0K
Executive Vice President of Oilfield Services
Age: 54
Total Annual Compensation: $1.0M
Executive Vice President of Industry Affairs
Age: 54
Total Annual Compensation: $650.0K
Chief Technology Officer and Vice President
Age: 50
Total Annual Compensation: $575.0K
Compensation as of Fiscal Year 2008.

Key developments for Schlumberger Limited (SLB)

Technip and Schlumberger Announce Joint Development Agreement

Technip and Schlumberger announced that the signing of a global cooperation agreement to jointly develop subsea integrity and surveillance solutions for flexible pipes used in deep offshore oil and gas production. The new agreement extends the collaboration between the companies that began in 1998. The agreement is initially focused on surveillance systems activities for new and challenging flexible pipe applications such as those required in the deepwater pre-salt environment in Brazil. Several key Schlumberger technologies used in subsurface applications have been identified for integration into Technip's new Ultra Deepwater flexible pipe designs. One of the initial integrity solutions that the partners expect to develop and qualify is focused on the use of optical fibers to monitor a variety of parameters characterizing pipe behavior. As part of the collaboration, retrofit solutions will also be pursued to address the large number of flexible pipes in operation utilizing proven technologies and methodologies applied subsurface, but now tailored to the flexible pipe domain.

Technip and Schlumberger Limited Announce Joint Development Agreement

Technip and Schlumberger Limited announced the signing of a global cooperation agreement to jointly develop subsea integrity and surveillance solutions for flexible pipes used in deep offshore oil and gas production. The new agreement extends the collaboration between the companies that began in 1998. The agreement is initially focused on surveillance systems activities for new and challenging flexible pipe applications such as those required in the deepwater pre-salt environment in Brazil. Several key Schlumberger technologies used in subsurface applications have been identified for integration into Technip's new Ultra Deepwater flexible pipe designs. One of the initial integrity solutions that the partners expect to develop and qualify is focused on the use of optical fibres to monitor a variety of parameters characterising pipe behaviour. As part of the collaboration, retrofit solutions will also be pursued to address the large number of flexible pipes in operation utilising proven technologies and methodologies applied subsurface, but now tailored to the flexible pipe domain.

Schlumberger Limited Launches Maintenance Centre in Mexico

Schlumberger Limited inaugurated a USD 15 million (EUR 10 million) maintenance centre for directional-drilling technology in Mexico's eastern state of Veracruz. The facility will guarantee the highest quality services for the exploration and production operations of Mexican state oil monopoly Petroleos Mexicanos (Pemex) and will support the development of the area, including the nearby Paleocanal de Chicontepec project, Schlumberger's unit for Mexico and Central America. Veracruz' location makes it a strategic place for services provision to Pemex's exploration and production projects.

BusinessWeek Rankings

BusinessWeek 50
2009  #14
2008  #35

Stock Quotes

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SLB $65.56 USD +0.93
NT (DE) €0.04 EUR -0.003
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BMWG (DE) €32.33 EUR -0.47
EDS $9.60 USD -0.24

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SLB Competitors

Company Last Change
Emerson Electric Co $42.25 USD -0.05
Fluor Corp $43.18 USD -1.00
Johnson Controls Inc $27.14 USD -0.10
Schneider Electric €75.55 EUR -0.79
View Industry Companies
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Industry Analysis

Valuation SLB Industry Range
Price/Earnings 22.5x
Price/Sales 3.3x
Price/Book 4.0x
Price/Cash Flow 22.3x
TEV/Sales 2.8x

SLB

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