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SLB Schlumberger Ltd

48.12
0.46 (0.97%)
Pre Market
Last Updated: 12:27:15
Delayed by 15 minutes
Share Name Share Symbol Market Type
Schlumberger Ltd NYSE:SLB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.46 0.97% 48.12 1,877 12:27:15

Schlumberger Shares Rising After Saudi Oil Attacks, Analyst Raising Recommendation

16/09/2019 5:30pm

Dow Jones News


Schlumberger (NYSE:SLB)
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From May 2019 to May 2024

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   By Stephen Nakrosis 
 

Shares of oil field services company Schlumberger Ltd. (SLB) are rising in Monday's New York Stock Exchange trading session, as the company and its peers see a boost following a series of drone attacks against oil infrastructure in Saudi Arabia.

At 11:54 a.m. ET, the company's shares were 4.63% higher, trading at $39.05. Volume was just over 9.8 million shares, approaching the 65-day average of some 10.4 million.

Before the bell Monday, Barclays said it was raising its recommendation on the stock from equal-weight to overweight, and pushing its price target higher, to $50 per share from $45.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 16, 2019 12:15 ET (16:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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