Schlumberger Ltd.

SLB-N

Analysis and Opinions about SLB-N

Signal
Opinion
Expert
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.
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Schlumberger Ltd. (SLB-N)
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.
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?
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Schlumberger Ltd. (SLB-N)
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?
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.
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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.
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.
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The 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.
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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.
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.
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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.
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.
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Schlumberger Ltd. (SLB-N)
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.
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.

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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.

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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.

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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.

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Schlumberger Ltd. (SLB-N)
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.

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.

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Schlumberger Ltd. (SLB-N)
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.

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.

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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.

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(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.

PAST TOP PICK
PAST TOP PICK
June 13, 2017

(A Top Pick May 20/16. Down 5%.) In the space, this name has held in reasonably well. It is probably the premier services company. Because of the space, he wouldn’t be in this name right now.

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(A Top Pick May 20/16. Down 5%.) In the space, this name has held in reasonably well. It is probably the premier services company. Because of the space, he wouldn’t be in this name right now.

BUY
BUY
June 9, 2017

He would be a buyer. Energy and fossil fuel prices are way down. There is less need for the insular services that this company provides. The area is cyclical. With lower prices, ultimately production shrinks to the point where prices come back and the cycle starts again. This company is considered the Cadillac of the oil services field.

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He would be a buyer. Energy and fossil fuel prices are way down. There is less need for the insular services that this company provides. The area is cyclical. With lower prices, ultimately production shrinks to the point where prices come back and the cycle starts again. This company is considered the Cadillac of the oil services field.

BUY
BUY
July 25, 2016

It is the biggest and best run. It has good growth prospects. It is a reasonable long term hold.

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It is the biggest and best run. It has good growth prospects. It is a reasonable long term hold.

TOP PICK
TOP PICK
May 20, 2016

Has sort of warmed up to energy. Thinks this company has got it right for the next cycle. Great cash flow, good operators, good track record. With the Cameron International (CAM-N) acquisition, they’ve got some great levers right now. Essentially they are executing on a very well articulated decade strategy of servicing and providing for the life of a well. Also, have some of the best technology. Dividend yield of 2.69%.

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Has sort of warmed up to energy. Thinks this company has got it right for the next cycle. Great cash flow, good operators, good track record. With the Cameron International (CAM-N) acquisition, they’ve got some great levers right now. Essentially they are executing on a very well articulated decade strategy of servicing and providing for the life of a well. Also, have some of the best technology. Dividend yield of 2.69%.

HOLD
HOLD
May 3, 2016

(Market Call Minute.) A great company in the oil services area. A long-term hold in energy.

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(Market Call Minute.) A great company in the oil services area. A long-term hold in energy.

PAST TOP PICK
PAST TOP PICK
January 22, 2016

(A Top Pick Feb 6/15. Down 24.14%.) Sold this in late July/15 at $87-$88. Results just released were a little bit better than the street had expected. Well-run company. Yield of around 3%.

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Schlumberger Ltd. (SLB-N)
January 22, 2016

(A Top Pick Feb 6/15. Down 24.14%.) Sold this in late July/15 at $87-$88. Results just released were a little bit better than the street had expected. Well-run company. Yield of around 3%.

PAST TOP PICK
PAST TOP PICK
November 26, 2015

(Top Pick Feb 6/15, Down 8.40%) A recent acquisition in drilling. It is a world class, well manage company, but he took profits and is waiting for an entry point. 2.6%)

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Schlumberger Ltd. (SLB-N)
November 26, 2015

(Top Pick Feb 6/15, Down 8.40%) A recent acquisition in drilling. It is a world class, well manage company, but he took profits and is waiting for an entry point. 2.6%)

PAST TOP PICK
PAST TOP PICK
June 29, 2015

(Top Pick Feb 14/15, Down 2.39%) Sold most of it because of oil companies’ capital budgets. He trimmed most of these holdings in the fall.

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(Top Pick Feb 14/15, Down 2.39%) Sold most of it because of oil companies’ capital budgets. He trimmed most of these holdings in the fall.

TOP PICK
TOP PICK
February 6, 2015

This will benefit from the merger of Baker Hughes and Halliburton. Big oil companies like to allocate their money amongst different oil service companies. Recently raised their dividend by 25%. 25% of their revenue comes from proprietary technology. Pristine balance sheet. Yield of 2.3%.

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Schlumberger Ltd. (SLB-N)
February 6, 2015

This will benefit from the merger of Baker Hughes and Halliburton. Big oil companies like to allocate their money amongst different oil service companies. Recently raised their dividend by 25%. 25% of their revenue comes from proprietary technology. Pristine balance sheet. Yield of 2.3%.

COMMENT
COMMENT
January 15, 2015

Earnings were fairly good, but these companies are going to be affected by low oil prices. Thinks all the senior players are going to do quite well as they are going to take advantage of the weaker players when they become distressed. Also, from a competitive standpoint, there is going to be a lot less competition. Coming out of these types of episodes, the senior players tend to do quite well. For a longer-term investor these are fine to hold as a piece of your portfolio.

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Schlumberger Ltd. (SLB-N)
January 15, 2015

Earnings were fairly good, but these companies are going to be affected by low oil prices. Thinks all the senior players are going to do quite well as they are going to take advantage of the weaker players when they become distressed. Also, from a competitive standpoint, there is going to be a lot less competition. Coming out of these types of episodes, the senior players tend to do quite well. For a longer-term investor these are fine to hold as a piece of your portfolio.

WAIT
WAIT
September 24, 2014

Oil services company. The geopolitical issues has caused them to trade at a discount. Russia is slowly starting to affect them. With oil prices going down this stock will continue to be under pressure. Buy it at lower levels.

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Schlumberger Ltd. (SLB-N)
September 24, 2014

Oil services company. The geopolitical issues has caused them to trade at a discount. Russia is slowly starting to affect them. With oil prices going down this stock will continue to be under pressure. Buy it at lower levels.

WAIT
WAIT
September 22, 2014

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.

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Schlumberger Ltd. (SLB-N)
September 22, 2014

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.

HOLD
HOLD
August 29, 2014

A lot of the energy services companies are going to do very well and this is a leader in the space. Feels this is a very long term trend in the development, especially in the US and Canada, which has very stable political jurisdictions.

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A lot of the energy services companies are going to do very well and this is a leader in the space. Feels this is a very long term trend in the development, especially in the US and Canada, which has very stable political jurisdictions.

BUY
BUY
July 2, 2014

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.

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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.

WAIT
WAIT
January 3, 2014

Seasonal chart is positive along with the rest of the sector at this time of year, from January through to May. Not seeing the strength in the stock that he would want to see. Chart is showing a lower high. Bouncing off its 50 day moving average. Would like to see a bit more strength.

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Seasonal chart is positive along with the rest of the sector at this time of year, from January through to May. Not seeing the strength in the stock that he would want to see. Chart is showing a lower high. Bouncing off its 50 day moving average. Would like to see a bit more strength.

HOLD
HOLD
August 1, 2013

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.

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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.

DON'T BUY
DON'T BUY
August 7, 2012

(Market Call Minute.) He would prefer Halliburton (HAL-N).

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(Market Call Minute.) He would prefer Halliburton (HAL-N).

SHORT
SHORT
June 7, 2012
(Market Call Minute) Having a difficult time in disclosure, so he shorted.
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(Market Call Minute) Having a difficult time in disclosure, so he shorted.
COMMENT
COMMENT
May 18, 2012
Like a lot of the oil stocks, this stock is feeling the pain. There is some support on oil at around $90. That might coincide with around $61.50-$62 on this stock. See if they can bounce off this level, but he would find better candidates if it did not hold.
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Like a lot of the oil stocks, this stock is feeling the pain. There is some support on oil at around $90. That might coincide with around $61.50-$62 on this stock. See if they can bounce off this level, but he would find better candidates if it did not hold.
BUY
BUY
March 2, 2012
Simple moving averages or exponential moving averages? He uses the simple moving averages. It is really whatever you get used to. The key is to stick with what you are doing. It gives you a better feel for what is happening over a period of time. On this company, the chart shows technically it is already into gear and moving higher. It is also outperforming the S&P 500.
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Simple moving averages or exponential moving averages? He uses the simple moving averages. It is really whatever you get used to. The key is to stick with what you are doing. It gives you a better feel for what is happening over a period of time. On this company, the chart shows technically it is already into gear and moving higher. It is also outperforming the S&P 500.
BUY
BUY
March 1, 2012
Current oil prices are somewhat buoyed by problems in the Middle East but feels longer-term, oil prices are sustainable above $95. This is one of the leading companies.
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Current oil prices are somewhat buoyed by problems in the Middle East but feels longer-term, oil prices are sustainable above $95. This is one of the leading companies.
BUY
BUY
January 19, 2012
He is warm towards oil service companies. This is international.
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Schlumberger Ltd. (SLB-N)
January 19, 2012
He is warm towards oil service companies. This is international.
PAST TOP PICK
PAST TOP PICK
December 23, 2011
(A Top Pick Nov 26/10. Down 9.16%.) Sold his holdings at a profit.
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Schlumberger Ltd. (SLB-N)
December 23, 2011
(A Top Pick Nov 26/10. Down 9.16%.) Sold his holdings at a profit.
PAST TOP PICK
PAST TOP PICK
November 15, 2011
(A Top Pick Nov 26/10. Up 0.57%.)
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Schlumberger Ltd. (SLB-N)
November 15, 2011
(A Top Pick Nov 26/10. Up 0.57%.)
DON'T BUY
DON'T BUY
October 7, 2011
Technically it is not doing very well. Like most oil service companies and has been trying to base out. Seasonally it normally goes up from January until April. Too early yet.
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Technically it is not doing very well. Like most oil service companies and has been trying to base out. Seasonally it normally goes up from January until April. Too early yet.
WAIT
WAIT
September 12, 2011
Has traded in the last year. Bought last summer at 10-11x earnings. 5 Year average is 17 with 14-21 standard deviation. They are at 14 now. We are getting closer to range where she wants to buy it. People are scared of investing in the energy space but the service sector is absolutely on fire. Close to record earnings in the last quarter and quarter before. They are leader in the space.
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Schlumberger Ltd. (SLB-N)
September 12, 2011
Has traded in the last year. Bought last summer at 10-11x earnings. 5 Year average is 17 with 14-21 standard deviation. They are at 14 now. We are getting closer to range where she wants to buy it. People are scared of investing in the energy space but the service sector is absolutely on fire. Close to record earnings in the last quarter and quarter before. They are leader in the space.
HOLD
HOLD
August 30, 2011
You can afford to wait if it is a small exposure. Excellent operators. Will be robust industry going forward. No issue with the name.
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