Company Of The Day: Schlumberger

January 3rd, 2022 by Trefis Team
+18.17%
Upside
48.28
Market
57.05
Trefis
SLB: SLB logo
SLB
SLB

What?

The number of active drilling rigs in the U.S. rose by 67% through 2020, although it remained flat at about 586 over the last week, per data from Baker Hughes.

So What?

Relevant Articles
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  2. What To Expect From SLB’s Stock Post Q4 Results?
  3. What To Expect From Schlumberger’s Stock Post Q2?
  4. Are Investors Too Optimistic On Schlumberger Stock?
  5. Forecast Of The Day: Schlumberger’s Drilling Revenue
  6. Is This Stock A Better Pick Over Schlumberger?

The stronger oilfield activity should bode well for Schlumberger (NYSE: SLB) which is one of the largest oilfield services players in the U.S. SLB stock gained about 35% over the last year.

See Our Complete Analysis For Schlumberger

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