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Jeff Williams
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Jeff is a mortgage broker, published author and educator. He is a value/dividend investor who specializes in long term growth. He lives in a beautiful seaside town in BC Canada with his wife and two children.
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  • Schlumberger NV, Poised For Growth In 2013 0 comments
    Feb 13, 2013 9:26 AM | about stocks: SLB

    Many changes are currently impacting the Oil and Gas equipment service industry. The introduction of new fracking techniques, Horizontal Drilling, increased safety regulations and rising domestic construction demands have given the industry a catapult. Schlumberger NV (SLB) is a leader in this industry and is situated well to profit from advances.

    Due to the listed advances in the Oil and Gas equipment industry analysts at Bloomberg Businessweek are expected Schlumberger NV to report substantial gains over the next few years. Analysis at Bloomberg Businessweek are expecting revenues for FY 2013 at $46.1 billion. This represents a 9.50% increase over 2012. Analysts are also estimating earnings per share for FY 2013 to be at $4.74 which is also a significant increase over 2012.

    As analysts are currently estimating Schlumberger NV to report an EPS FY 2013 at $4.74 and revenues to be a $46.1 billion this looks to be an excellent opportunity to add a position.

    1. Estimated Sales = $46.1 billion

    2. Estimated Profit Margin = 13.66%

    3. Earnings = $6.30 billion

    4. Shares Outstanding = 1.33 billion

    5. Estimated EPS = $4.74

    6. 5 year average P/E = 19.8

    To read more: Schlumberger NV: Poised for $90.00 plus in 2013

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: SLB
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