Drilling for offshore oil. Image credit: iStock/Thinkstock.
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While oil prices may still be pressuring margins throughout the energy industry, the nation's leading investors and money managers continue to hold substantial positions in Schlumberger , the world's largest oilfield services company. Its top five shareholders control $20.2 billion worth of its outstanding common stock, equating to an ownership interest of 20.6%.
The concentration of ownership atop Schlumberger may seem significant, but it's roughly in line with other large publicly traded companies, such as ExxonMobil and JPMorgan Chase :
- ExxonMobil's five biggest shareholders control 16.1% of the energy company's outstanding stock. That equates to $49.9 billion worth of its shares -- click here to see the five biggest owners of ExxonMobil's stock.
- JPMorgan Chase's five biggest stockholders own 19.1% of its stock. The total dollar value of their combined stake translates into $42.8 billion worth of shares in the nation's biggest bank by assets -- click here to see the five biggest owners of JPMorgan Chase's stock.
So, who are Schlumberger's five biggest shareholders? You can find the answer to this question in the brief slideshow below.
Data in the slideshow, as well as the ownership data for ExxonMobil and JPMorgan Chase, was sourced from Yahoo! Finance on Dec. 1, 2015. Slideshow image credit: Flickr.
The article These 5 Companies Own 21% of Schlumberger Stock originally appeared on Fool.com.
John Maxfield has no position in any stocks mentioned. The Motley Fool owns shares of ExxonMobil. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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