From a valuation perspective, Schlumberger is currently exchanging hands at a Forward P/E ratio of 12.35. This denotes a discount relative to the industry's average Forward P/E of 13.89. Investors should also note that SLB has a PEG ratio of 9.88 right now. Comparable to the widely accepted...
January 24, 2023 The demand for oil field services recovered strongly last year and is expected to stay strong as the post-COVID reopening continues. Schlumberger Limited (NYSE: SLB), a leading provider of offshore-drilling services globally, last week reported strong results for the fourth quar...
Companies mentione d include Petroleum Geo-Services (PGO), Core Laboratories (CRLBF), Veritas (VTS), Shell (RD), Amerada Hess (AHC), Transocean (RIG), BP (BP), ENSCO (ESV), Keppel F ELS, Schlumberger (SLB), Baker Hughes/Western Atlas (WAI), Halliburton (HAL), Dre sser Industries ...
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