(VIANEWS) – Shares of Schlumberger (NYSE: SLB) slid 9.1% to $44.87 at 13:08 EST on Wednesday, after two consecutive sessions in a row of gains. NYSE is sliding 2.57% to $14,561.30, following the last session’s upward trend. This seems, as yet, an all-around bearish trend exchanging session today.
Schlumberger’s last close was $49.36, 16.97% under its 52-week high of $59.45.
About Schlumberger
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Schlumberger has a trailing twelve months EPS of $-2.04.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.99%.
Volatility
Schlumberger’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.00%, a negative 0.91%, and a positive 1.89%.
Schlumberger’s highest amplitude of average volatility was 4.00% (last week), 2.10% (last month), and 1.89% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.6%, now sitting on 28.09B for the twelve trailing months.
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