Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Screener

Funds

Advisors

Advisor Access

News

What Schlumberger's Earnings Mean for Mutual Fund Investors (SLB)

Shauna O'Brien Jan 16, 2015

After the closing bell on Thursday, Schlumberger (SLB) released its fourth quarter financial results. Here’s what the report means for mutual fund investors.

Inside SLB’s Earnings

Earnings

The company reported earnings of $302 million, or 23 cents per share, compared to $1.66 billion, or $1.26 per share, last year. Excluding special items, earnings were $1.50 per share – above analysts’ view of $1.50 per share.

Revenue
Revenue came in at $12.64 billion, up from $11.90 billion, last year. Analysts expected to see $12.72 billion in revenue.

Performance Tied to Oil Prices

Excluding its gains from Thursday’s upbeat earnings release, shares of SLB have underperformed in 2015. The stock rose about 4.5% during Friday morning trading due to its earnings release and the announcement that the company will cut 9,000 jobs. SLB also announced that is has boosted its dividend by 25%.

Despite its bounce this morning, shares might have a difficult time rising in the face of lower oil prices and analyst earnings estimates cuts.

Mutual Funds to Watch

Investors interested in SLB may be interested in the funds listed below. These funds currently have the largest stakes in the company.

Symbol	Mutual Fund	Stake
VTSMX	Vanguard Total Stock Market	1.68%
DODGX	Dodge & Cox Stock	1.07%
DODFX	Dodge & Cox International Stock	1.01%

The Bottom Line

The funds listed above allow investors to gain exposure to Intel while remaining diversified. Investors interested in SLB may also be interested in Halliburton (HAL) and Baker Hughes (BHI).