Will Schlumberger stock recover?

Will Schlumberger stock recover?

Is Schlumberger Stock a Buy? Up 34% already in 2022, Schlumberger NV (NYSE: SLB) has nearly matched its return for all of 2021 (37%). Like Halliburton and other oilfield service peers, the company is benefitting from steadily increasing demand from oil producers across its global footprint.

What type of business is Schlumberger?

oilfield services company
Schlumberger Limited (French: [ʃlum. bɛʁˈʒe, ʃlœ̃-]) is an oilfield services company. Schlumberger employees represent more than 140 nationalities working in more than 120 countries. Schlumberger has four principal executive offices located in Paris, Houston, London, and The Hague.

How do I contact Schlumberger?

Connect with Us Register and submit your query or call 1-800-474-4015.

Is SLB a good buy?

Of the 7 Wall Street analysts that rated SLB, six rated it Buy, while one rated it Hold. The $42.42 median price target indicates a 20.8% potential upside. The price targets range from a low of $40.00 to a high of $48.00. SLB has an overall C rating, which translates to Neutral in our proprietary POWR Ratings system.

Is Schlumberger a good buy?

Schlumberger has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 15 buy ratings, 1 hold rating, and no sell ratings.

Where is Schlumberger headquarters address?

Houston, TXSchlumberger / Headquarters

Where are Schlumberger rigs located?

Employing approximately 3,900 people and representing more than 30 nationalities, our fleet of 100-plus drilling and workover rigs are found in North America, South America, the Middle East, Asia, and Australia.

Is Schlumberger stock overvalued?

Very undervalued with high growth potential.

Is Schlumberger undervalued?

Schlumberger NV has a current Real Value of $49.38 per share. The regular price of the company is $35.65. At this time, the company appears to be undervalued….2022-05-31.

Low Estimated Value High
31.78 35.25 38.72

How many oil rigs does Schlumberger?