NYSE:SLB
28.41
0.43
(1.54%)
Analysis and Opinions about SLB-N
Signal
Opinion
Expert
Chart
BUY
BUY
July 6, 2021
Allan Tong’s Discover Picks Schlumberger itself delivered a Q1 earnings beat last April, its fourth-straight beat. Unsurprisingly, net income declined from 27 cents per share to 21 year-over-year as did revenues, due to Covid and the divesting of North American businesses in Q4-2020. The street greeted this news with a 2% pop initially, then pushed shares from $25.71 (all figures from the Nasdaq listing) to $36.52 on June 3. Since then, SLB-Q has been fluttering around $32-33. Read 3 Promising Euro Stocks to Buy for our full analysis.
Show full opinionHide full opinion
Allan Tong’s Discover Picks Schlumberger itself delivered a Q1 earnings beat last April, its fourth-straight beat. Unsurprisingly, net income declined from 27 cents per share to 21 year-over-year as did revenues, due to Covid and the divesting of North American businesses in Q4-2020. The street greeted this news with a 2% pop initially, then pushed shares from $25.71 (all figures from the Nasdaq listing) to $36.52 on June 3. Since then, SLB-Q has been fluttering around $32-33. Read 3 Promising Euro Stocks to Buy for our full analysis.
BUY
BUY
June 2, 2021
Crude oil prices hit 2018 highs They're the biggest oil field services leaders and the technology leader. They're also an efficient player in oil. The market is so far behind on this name, so he expects upgrades to come. This is best of breed and has a good balance sheet.
Show full opinionHide full opinionCrude oil prices hit 2018 highs They're the biggest oil field services leaders and the technology leader. They're also an efficient player in oil. The market is so far behind on this name, so he expects upgrades to come. This is best of breed and has a good balance sheet.
BUY
BUY
May 28, 2021
How to play the U.S. reopening trade Energy. There's a lack of investment in fossil fuels and even renewables. The street has underestimated energy. Brent oil will stay north of $65 as the price of gas--and margin--will remain high. Buy oil and oil services.
Show full opinionHide full opinionHow to play the U.S. reopening trade Energy. There's a lack of investment in fossil fuels and even renewables. The street has underestimated energy. Brent oil will stay north of $65 as the price of gas--and margin--will remain high. Buy oil and oil services.
COMMENT
COMMENT
January 15, 2021
The star of the oil service business. He doesn't expect them to report a strong quarter next week, but the rig count has been rising. Overall, he considers oils trades, not investment stocks.
Show full opinionHide full opinionThe star of the oil service business. He doesn't expect them to report a strong quarter next week, but the rig count has been rising. Overall, he considers oils trades, not investment stocks.
DON'T BUY
DON'T BUY
October 9, 2020
The rise in oil prices helps and SLB could bounce...but what a mess. SLB reports next week.
Show full opinionHide full opinionThe rise in oil prices helps and SLB could bounce...but what a mess. SLB reports next week.
DON'T BUY
DON'T BUY
February 25, 2020
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.
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 opinionSLB-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.
Schlumberger Ltd.(SLB-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
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. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is 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 Stockchase Discover on 2021-07-06. 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 2021-07-23, Schlumberger Ltd. (SLB-N) stock closed at a price of $28.41.
