Home > Historical Performance > Historical Transaction Report

Transaction Details

Company: Schlumberger
Ticker:SLB
Yahoo Beta:1.05
Industry:Oil and gas equipment and services

Company Description:  Schlumberger supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industry worldwide.

Purchase Date:13 Nov 2014 Sale Date:26 Apr 2017
Purchase Price:$93.31 Sale Price:$74.60
  --Split Adjusted:$93.31  --Split Adjusted:$74.60
Shares Purchased:55 Shares Sold:30
  --Split Adjusted:55  --Split Adjusted:30
Transaction Fee:$9.99 Transaction Fee:$7.00
Price Range (6 Months Prior):    Price Range (6 Months After):    
High$117.95 High$0.00
Date30 Jun 2014 Date01 Jan 1996
Low$88.96 Low$0.00
Date14 Oct 2014 Date01 Jan 1996
S&P (Purchase Date):$2,072.83 S&P (Sale Date):$2,393.17

Purchase
Timing:  We bought in the middle of the six month range.
Reason:  SLB has historically traded in line with large industrials, but its multiples are significantly lower at this time. We believe that the company is undervalued due to investor overreaction to falling oil prices.

Sale
Timing:  0
Reason:  Oil prices remain low. We don't expect prices to recover in the near term so we liquidated our position to make some more promising investments.

S&P Gain: 15.45 % Annualized Gain: 6.26%
Stock Gain: -20.05 % Annualized Gain: -9.03%

Dividends:$159.50
Net Holding Return ($): $-418.79
Net Holding Return (%): -14.91 %