Company Of The Day: Schlumberger
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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- Flat Since The Beginning of 2023, What Is Next For SLB Stock?
- SLB’s Q2 Earnings: What Are We Watching?
- SLB Stock To Likely Trade Higher Post Q1
- SLB Stock Looks Attractive At $46
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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