NYSE:SLB
17.38
0.41
(2.30%)
Schlumberger Ltd.
SLB-N
Analysis and Opinions about SLB-N
Signal
Opinion
Expert
DON'T BUY
DON'T BUY
The oil landscape has drastically changed in the past decade. The Saudis were the swing producer before; now it's the Americans. We also have competing sources of energy, namely wind and solar. That said, oil won't go away for decades. He owns fewer oil stocks (he sold Haliburton), but holds onto names like Suncor and Parex, which should do better than an oil service name like SLB.
SHORT
SHORT
January 17, 2020
SLB-N is trading flat despite beating earnings recently. He actually has a small short on this one. The valuation is not compelling, trading at 15 times cash flow and only 6% ROE. They need to see day rates improving.
Show full opinionHide full opinion
SLB-N is trading flat despite beating earnings recently. He actually has a small short on this one. The valuation is not compelling, trading at 15 times cash flow and only 6% ROE. They need to see day rates improving.
COMMENT
COMMENT
December 4, 2019
He can't forecast price targets for any oil stock, given so many factors like e-cars. Play oil seasonally, not long term. Dec. 14-April 30 is seasonality. This is setting up well. SLB is a loser this year and will be busy during tax-loss selling. It's resisting its 200-day moving average. He wouldn't buy until it breaks above that. Short-term support is $30, but can it run ahead?
Show full opinionHide full opinion He can't forecast price targets for any oil stock, given so many factors like e-cars. Play oil seasonally, not long term. Dec. 14-April 30 is seasonality. This is setting up well. SLB is a loser this year and will be busy during tax-loss selling. It's resisting its 200-day moving average. He wouldn't buy until it breaks above that. Short-term support is $30, but can it run ahead?
BUY
BUY
August 26, 2019
A blue chip oil stock, one of the biggest oil and gas services company, and they used a lot of high technology. But they've fallen victim to the entire depressed oil space. This is an opportunity now. He knows the oil sector very well, having worked as an engineer at Chevron for years; he prefers smaller-cap stocks for their leverage, but SLB will do well when oil stocks recover.
Show full opinionHide full opinionA blue chip oil stock, one of the biggest oil and gas services company, and they used a lot of high technology. But they've fallen victim to the entire depressed oil space. This is an opportunity now. He knows the oil sector very well, having worked as an engineer at Chevron for years; he prefers smaller-cap stocks for their leverage, but SLB will do well when oil stocks recover.
DON'T BUY
DON'T BUY
August 14, 2019
The largest oil service company. It is great to own when you think energy is going higher. Not the right timing now however.
Show full opinionHide full opinionThe largest oil service company. It is great to own when you think energy is going higher. Not the right timing now however.
DON'T BUY
DON'T BUY
June 11, 2019
An international company and probably the best global energy service company out there. She is just not into the energy sector in general right now. The retracement in oil prices back into the $50s is again problematic for the energy space. She is on the sidelines with energy producers and service providers.
Show full opinionHide full opinionAn international company and probably the best global energy service company out there. She is just not into the energy sector in general right now. The retracement in oil prices back into the $50s is again problematic for the energy space. She is on the sidelines with energy producers and service providers.
DON'T BUY
DON'T BUY
June 5, 2019
There have been so many times where you would have been tempted to buy into weakness. The oil services space has been crushed. He would stay a hundred miles away from this. He has focused more into the midstream side of the energy space.
Show full opinionHide full opinionThere have been so many times where you would have been tempted to buy into weakness. The oil services space has been crushed. He would stay a hundred miles away from this. He has focused more into the midstream side of the energy space.
BUY
BUY
January 29, 2019
Lots of volume at its low levels with huge churn. He likes it. It's consolidating around $44. Set a $42 exit point. No resistance until $60. Good upside to downside potential.
Show full opinionHide full opinionLots of volume at its low levels with huge churn. He likes it. It's consolidating around $44. Set a $42 exit point. No resistance until $60. Good upside to downside potential.
HOLD
HOLD
March 20, 2018
Remain the highest-quality player in oil and gas service but not as exposed to offshore drilling and fracking which may be why they're being hit these days. If you hold, don't panic. If not, maybe don't buy now. Current price targets will fall.
Remain the highest-quality player in oil and gas service but not as exposed to offshore drilling and fracking which may be why they're being hit these days. If you hold, don't panic. If not, maybe don't buy now. Current price targets will fall.
HOLD
HOLD
March 19, 2018
He thinks the stock appears to be going sideways and there does not seem to be any indication it will break out of the range.
He thinks the stock appears to be going sideways and there does not seem to be any indication it will break out of the range.
COMMENT
COMMENT
March 15, 2018
Largest oil service company in the world. Generally, tracks how oil and gas exploration is doing. Probably decent value now.
Largest oil service company in the world. Generally, tracks how oil and gas exploration is doing. Probably decent value now.
DON'T BUY
DON'T BUY
January 11, 2018
He prefers not to take the company specific risk. He prefers OIH-N. SLB-N is extremely well run. It is making up a lot of lost ground at this point. He prefers E&P. The XLE-N is another ETF to consider.
He prefers not to take the company specific risk. He prefers OIH-N. SLB-N is extremely well run. It is making up a lot of lost ground at this point. He prefers E&P. The XLE-N is another ETF to consider.
COMMENT
COMMENT
December 19, 2017
Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.
Sell Halliburton (HAL-N) and buy Schlumberger (SLB-N) to avoid the superficial tax loss? This is one way of doing it. The rule is that you can't buy back the same security within 30 days. He prefers Halliburton.
DON'T BUY
DON'T BUY
August 1, 2017
The highest quality company in the oil service business. They have the leading technology and are well positioned globally. Because of the massive investment in US fracing over the last 2-3 quarters, they have been having surprisingly good earnings results. In spite of that, he wouldn’t buy the stock because he still believes the world is awash in oil. There is not going to be a shortage of crude oil for some time.
The highest quality company in the oil service business. They have the leading technology and are well positioned globally. Because of the massive investment in US fracing over the last 2-3 quarters, they have been having surprisingly good earnings results. In spite of that, he wouldn’t buy the stock because he still believes the world is awash in oil. There is not going to be a shortage of crude oil for some time.
PAST TOP PICK
PAST TOP PICK
July 7, 2017
(A Top Pick May 20/16. Down 10.89%.) This space has been pretty horrendous. At that time, oil prices were moving up and were looking better. He sold his holdings.
(A Top Pick May 20/16. Down 10.89%.) This space has been pretty horrendous. At that time, oil prices were moving up and were looking better. He sold his holdings.
Schlumberger Ltd.(SLB-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 4
Schlumberger Ltd.(SLB-N) Frequently Asked Questions
What is Schlumberger Ltd. stock symbol?
Schlumberger Ltd. is a American stock, trading under the symbol SLB-N on the New York Stock Exchange (SLB). It is usually referred to as NYSE:SLB or SLB-N
Is Schlumberger Ltd. a buy or a sell?
In the last year, 4 stock analysts published opinions about SLB-N. 1 analyst recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Schlumberger Ltd..
Is Schlumberger Ltd. a good investment or a top pick?
Schlumberger Ltd. was recommended as a Top Pick by Gordon Reid on 2020-02-25. Read the latest stock experts ratings for Schlumberger Ltd..
Why is Schlumberger Ltd. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Schlumberger Ltd. worth watching?
4 stock analysts on Stockchase covered Schlumberger Ltd. In the last year. It is a trending stock that is worth watching.
What is Schlumberger Ltd. stock price?
On 2020-07-13, Schlumberger Ltd. (SLB-N) stock closed at a price of $17.38.
The oil landscape has drastically changed in the past decade. The Saudis were the swing producer before; now it's the Americans. We also have competing sources of energy, namely wind and solar. That said, oil won't go away for decades. He owns fewer oil stocks (he sold Haliburton), but holds onto names like Suncor and Parex, which should do better than an oil service name like SLB.