
NYSE:SLB
This summary was created by AI, based on 6 opinions in the last 12 months.
Schlumberger Ltd. (SLB-N) has garnered attention from experts due to its strong technological advancements that enhance oil and gas performance. A recurring revenue of $1 billion from digital services, which comprises 7% of its business, highlights the company's robust fundamentals. Despite some uncertainty in oil prices, particularly with fluctuations resulting from geopolitical developments in Venezuela and Iran, analysts express confidence in SLB's long-term potential due to the significant under-investment in the oil sector. While some experts suggest potential trimming of positions after recent gains, the general sentiment indicates that the company is well-positioned to capitalize on forthcoming opportunities in the energy sector. Overall, many experts view SLB as a long-term hold with a healthy yield and strong market fundamentals.