
NYSE:SLB
This summary was created by AI, based on 5 opinions in the last 12 months.
Experts have mixed but generally optimistic views about Schlumberger Ltd. (SLB-N) as a key player in the oilfield services sector. Several reviewers highlight the company's strong fundamentals, recurring revenue, and global reach, which position it well for future opportunities, particularly in oil-rich regions like Venezuela. Despite current challenges, including low oil prices and concerns regarding the energy rally, there is a consensus that underinvestment in the oil sector creates substantial upside potential. Today's market dynamics and geopolitical factors have raised questions, but many experts see long-term value, with projections suggesting a bright future amidst the ongoing transition in energy markets.
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.
This is a leader in technology and oilfield services. He gives them a target price of roughly $140. Sees significant upside performance. Over the next 3-4 years, you are going to see oil and oil field services companies producing 20%-30% returns. 1.3% dividend yield.