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Higher oilfield service demand is aiding Schlumberger (SLB). For premium support please call: 800-290-4726 more ways to reach us
(Reuters) -Oil demand was at the beginning of a multi-year growth cycle and will reach pre-pandemic levels by 2022-end, top oilfield service provider Schlumberger's chief executive Olivier Le ...
Schlumberger. Schlumberger NV ( French: [ʃlumbɛʁʒe, ʃlœ̃b-] ), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
Schlumberger (SLB) closed the most recent trading day at $35.85, moving -0.94% from the previous trading session.
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A February 21, 2010 announcement said Schlumberger would acquire the company in an all-stock deal valued at $11.3 billion. The sale price of 45.84 per share was 37.5 percent higher than Smith's closing price on February 18, 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International.
In this article we will analyze whether Schlumberger Limited. (NYSE:SLB) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas.
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