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Schlumberger NV (SLB)

NYSE
Currency in USD
Disclaimer
49.45
+0.34(+0.69%)
Closed
After Hours
49.44-0.01(-0.02%)

SLB Comments

it s time?
Sure
About time to go long here!
what is wrong wrong slb share?
what u think slb
Any ideas for bottom?
bear flag has been broken. new all time lows are looming.
good call
I love the support long term around 1999. I will buy here because of that. honestly I dont understand why oilfield services are lagging so badly.
mayb because half of oilrigs have been closed since then and US is firing up shalepumping
SLB looks like it has reversed after a cyclical double bottom. any views on this guys?
Long term double bottom looks in place. https://invst.ly/9mnz9
Bottom in?
look at this slump, is it going to be another GE?
this is what i am afraid of...
I just took a starter. 2008 lows don’t mind I’d I do!
perfect time to buy at a 37% discount from 52week high.
It's time to jump in.. There's blood on the streets of SLB
Looks appealing!
we saw high and low oil prices not connected to company value/shares...
too much panic. Saudi increasing production = increased revenue for SLB, HAL and BHGE. But SLB presence in Permian isn't a make or break for the company. Negative target revisions were all minimal, and still $15-20 above here. SLB is a steal at these levels. Brent at $75 will keep int'l investment high. Expect $80 by end of 2019.
we saw high and low oil prices not connected to company value/shares...
too much panic. Saudi increasing production = increased revenue for SLB, HAL and BHGE. But SLB presence in Permian isn't a make or break for the company. Negative target revisions were all minimal, and still $15-20 above here. SLB is a steal at these levels. Brent at $75 will keep int'l investment high. Expect $80 by end of 2019.
Best of breed. Global where not going need less oil. Oil is fire and fire rules the world. I can see less dependence down the road 80 years down the road. 80 dollar stock if not 120. Adding here.
Best of breed. Global where not going need less oil. Oil is fire and fire rules the world. I can see less dependence down the road 80 years down the road. 80 dollar stock if not 120. Adding here.
Why is it so low
E&P companies have tightened their belts during the recession and haven't been willing to pay more for services.
oil soon very high saudi wil splat in 3 part. Oil price aprx 250 us $
SLB is now smart, they are hedging losses using free capital through markets re-investing
SLB follows very closely the high yield market (dark line MUT) and not the oil price (blue line CL).
For those of you keeping score at home $SLB was at 87 in Q1 of 17 with a much lower oil price and bulkier expenditures.
Trump's rig laws will soon go into affect. Now we wait
For the money $$$$$
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