Schlumberger stock steadies as insider sale highlights valuation and recent earnings
Published on 09/09/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Schlumberger stock (ISIN US06520E1029) is trading near the USD 57 mark in late August 2026, with a closing price of USD 57.33 on August 28, 2026 per data cited by Mitrade, after a notable insider sale by the companys chief executive officer.
CEO share sale puts Schlumberger stock moves into context
According to Mitrade on September 8, 2026, Schlumberger NVs CEO recently sold 5,000 shares of the company for proceeds of USD 300,000, implying a transaction price of about USD 60 per share and highlighting that management is monetizing part of its stake while the share price remains elevated.
The same company snapshot from Mitrade notes that Schlumberger NVs share price stood at USD 57.33 as of market close on August 28, 2026, with a reported market capitalization of USD 85.1 billion as of that date, underscoring the scale of the company in global energy services.
Earnings strength and revenue scale support the valuation
Beyond the insider transaction, the same overview from Mitrade highlights that Schlumberger NV generated trailing 12 month revenue of USD 36.4 billion as of its latest reporting period, with trailing 12 month net income of USD 3.1 billion, underlining a sizable earnings base that helps justify the companys multi billion dollar valuation.
If investors compare those trailing figures to the market capitalization of USD 85.1 billion as of August 28, 2026 reported by Mitrade, they can see that the stock is trading at a trailing price to sales ratio of roughly 2.3 and a trailing price to earnings ratio of around 27.5 based solely on those snapshot values, giving a numerical sense of how the market currently values Schlumberger NVs cash flows.
Schlumberger stock price level and investor view
Per the most recent snapshot cited by Mitrade, Schlumberger NV stock closed at USD 57.33 on the New York Stock Exchange on August 28, 2026, giving the company a market capitalization of USD 85.1 billion as of that date and positioning the shares in a valuation range that reflects strong trailing 12 month revenue of USD 36.4 billion and net income of USD 3.1 billion.
Schlumberger stock key data
- Company: Schlumberger NV
- ISIN: US06520E1029
- Ticker: SLB
- Trading venue: NYSE
- Price (as of August 28, 2026): 57.33 USD
- Market capitalization: 85.1 billion USD (as of August 28, 2026)
- Sector / Industry: Energy equipment and services
- Index membership: S&P 500
