How To Buy Schlumberger Stock

You can buy Schlumberger shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Schlumberger shares with a broker like eToro or you can trade Schlumberger CFDs with XTB you can begin trading Schlumberger shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Schlumberger stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB IC Markets AvaTrade Roboforex FP Markets
Used By 20,000,000+ 250,000+ 180,000+ 200,000+ 10,000+ 10,000+
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Scroll down to read our indepth article on How To Buy Schlumberger Stock. What you should know, Types of trading Schlumberger Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Schlumberger Stock Table of Contents

Schlumberger Financial Details

Financial Details

Schlumberger Stock symbol SLB
Schlumberger Sector and Industry Energy Oil, Gas & Coal
Schlumberger Exchange NYSE - New York Stock Exchange
52 Week High $34.33
52 Week Low $13.70 
Schlumberger Market Capitalisation 44.68B
Schlumberger Average Volume 14,283,974
Schlumberger PE N/A
Schlumberger EPS -2.04
Stock Currency USD

Overview of Schlumberger

Schlumberger is an American Energy Oil, Gas & Coal company currently traded on the NYSE which fully known as the New York Stock Exchange.

Schlumberger trades under the stock symbol SLB on the NYSE.

Schlumberger shares are exchanged in USD on the NYSE.

Schlumberger has a current share price of $31.95 USD dated 31/01/2020.

The highest Schlumberger share price over the last 52 weeks was $34.33 USD and its lowest price over the last 52 weeks was $13.70  USD. That is a 52 week price range of $13.70  - $34.33.

Schlumberger Trading Volume and PE

Schlumberger currently has 1.4B active shares in circulation traded through the NYSE exchange.

Schlumberger market capitalization is $44.68B with an average daily trading volume of 14,283,974 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Schlumberger has a Price Earning Ratio ( PE ) of N/A and earning per share ( EPS ) of -2.04. Generally speaking Schlumberger having a high P/E ratio means that Schlumberger investors forsee increased growth with Schlumberger in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Schlumberger earnings per share is Disney company profit that's allocated to every Schlumberger common stock. Earnings per share is calculated by taking the difference between Schlumberger's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Schlumberger shares outstanding.

Schlumberger Financial Charts

Financial Details

Schlumberger Information

Schlumberger Location & Contact Information

Address 5599 San Felipe 17th Floor Houston, TX 77056 United States
Phone Number 1-713-375-3400
Website URL

Schlumberger Executives and Board Members

Chief Executive Officer Olivier Le Peuch
Schlumberger Board Member NULL
Schlumberger Board Member NULL
Schlumberger Board Member NULL

How To Buy Schlumberger Stock Guide

Buying Schlumberger Stocks and CFDs

When investing in Schlumberger you have several options as to what type of investment you wish to conduct. You can buy traditional Schlumberger shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Schlumberger shares with stock brokers and trading Schlumberger with CFDs below.

Schlumberger CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Schlumberger stock.

If you buy Schlumberger shares with a stock broker you actually own a share of Schlumberger. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Schlumberger price will change up or down.

Lets explain why you would buy Schlumberger as a CFD instead of as a share.

If you went and brought 100 Schlumberger shares at $100 a share with a stock broker you own $1000 of Schlumberger.

The main difference when trading Schlumberger as a CFD and buying Schlumberger as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Schlumberger you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Schlumberger. Trading an Schlumberger CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Schlumberger CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Schlumberger share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Schlumberger CFD long would be hoping to profit from a rise in the Schlumberger share price. An Schlumberger CFD short would be aiming to profit from a fall in the Schlumberger stock price. Trading CFDs allows traders to profit from both directions of the Schlumberger price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Schlumberger shares you can only profit from a rise in the Schlumberger stock price.

Schlumberger CFD and Stock Market Times

When trading in traditional Schlumberger shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Schlumberger Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Schlumberger stock. This limits your risk to your initial amount invested in Schlumberger. You can only lose the amount invested with traditional Schlumberger shares. Another benefit of buying Schlumberger shares with a broker is that you may be eligible to receive Schlumberger company dividends if applicable.

If you Invest in Schlumberger via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Schlumberger. If you buy Schlumberger stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Schlumberger benefits as in owning a certain amount of stock for a set period.

If you own shares in Schlumberger you may be eligible to voting rights at Schlumberger shareholder general meetings.

Schlumberger Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Schlumberger Stocks and shares are only exempt from tax if the Schlumberger shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Schlumberger Stocks and Shares or Schlumberger CFDs?

There are pros and cons to trading in both Schlumberger Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Schlumberger stocks and shares is better suited for long term investments. Historically Schlumberger shares provide better returns over the long term, usually a 10 year period.

Schlumberger CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Schlumberger share investors aim to profit on the fluctuating highs and lows of the Schlumberger price throughout the day. Day trading as you can imagine focuses on profiting from the daily Schlumberger stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Schlumberger stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Schlumberger share price for example to a known amount.

Example Cost of Buying Schlumberger as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Schlumberger CFD trade example Schlumberger Share deal example
Market price $31.95 $31.95
Broker Deal Invest $6.39 at 1:5 Margin (20%) Buy at $31.95 a share
Deal size 100 shares 100 shares
Initial outlay


(Margin = exposure x 20% margin factor)


(100 shares at $31.95)
Stamp duty No £20
Close price Sell at $38.34 Sell at $38.34
Estimated Profit

(6.39 point increase x 100 shares = $639)

*Not including commission fees and taxes

($3834 - $3195 = $639)

*Not including commission fees and taxes
Trade Schlumberger CFDs now with XTB Trade Schlumberger Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Schlumberger shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Schlumberger.

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67% of retail investor accounts lose money when trading CFDs with this provider.