Why Has Trefis Lowered Schlumberger’s Price Estimate From $84 To $76 Per Share?
A slower recovery in commodity prices is expected to result in lower rig count globally, which will, in turn, pull down Schlumberger’s revenue and earnings over the next few quarters. Further, the volatility in the commodity markets has increased the risk perception of oilfield services companies, like Schlumberger, among investors. Thus, we have revised downward our price estimate for Schlumberger from $84 per share, to $76 per share.
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Have more questions about Schlumberger (NYSE:SLB)? See the links below:
- Has Schlumberger Paid A Higher Price For The Cameron Deal?
- How Will Schlumberger’s Revenue And EBITDA Grow In The Next Five Years?
- How Much Value Will North American Markets Contribute To Schlumberger’s Revenue And EBITDA by 2020?
- How Much More Value Do Schlumberger’s Middle East & Asian Markets Have Than Its North American Markets?
- How Much Has Schlumberger’s Revenue And EBITDA Increased In The Last Five Years?
- How Has The Composition Of Schlumberger’s Revenue And EBITDA Changed In The Last Five Years?
- What Is Schlumberger’s Revenue And EBITDA Breakdown?
- What Is Schlumberger’s Fundamental Value Based On Expected 2015 Results?
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Schlumberger Limited
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