Schlumberger Shares Rising After Saudi Oil Attacks, Analyst Raising Recommendation

Date : 09/16/2019 @ 5:30PM
Source : Dow Jones News
Stock : Schlumberger Ltd (SLB)
Quote : 32.31  0.42 (1.32%) @ 12:59AM
After Hours
Last Trade
Last $ 32.35 ▲ 0.04 (0.12%)

Schlumberger Shares Rising After Saudi Oil Attacks, Analyst Raising Recommendation

Schlumberger (NYSE:SLB)
Historical Stock Chart

2 Months : From Aug 2019 to Oct 2019

Click Here for more Schlumberger Charts.
   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.

Latest SLB Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.