
NYSE:SLB
This summary was created by AI, based on 7 opinions in the last 12 months.
Experts have a generally favorable view of Schlumberger Ltd. (SLB), noting its strong technological capabilities in the oil and gas sector, including digital services that contribute significantly to margins. A recurring revenue of $1 billion provides stability amidst market fluctuations. The consensus highlights concerns about underinvestment in the oil industry, but many see potential for long-term growth, especially with ongoing geopolitical issues such as the situations in Venezuela and Iran affecting oil prices. Despite recent volatility in energy markets, experts remain optimistic about Schlumberger's resilience and potential benefits from future energy securities. The stock also boasts a yield of 2.61% and an analyst price target of $46.31, indicating confidence in its valuation.
The whole sector has been picking up. This one is global so they get the benefit of that. The huge opportunity in the US is the reserves that have been uncovered in the last several years. Has never been a cheap stock but is trading below where it historically has. If you own, it will probably work out for you.
World class, broad based exploration and development company. The stock is suddenly cheap, however there is no short term support. He would recommend it in the future.