Top 10 Valued Companies To Invest In Right Now: Schlumberger N.V.(SLB)
Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company?s Oilfield Services segment provides exploration and production services; wireline technology that offers open-hole and cased-hole services; supplies engineering support, directional-drilling, measurement-while-drilling, and logging-while-drilling services; and testing services. This segment also offers well services; supplies well completion services and equipment; artificial lift; data and consulting services; geo services; and information solutions, such as consulting, software, information management system, and IT infrastructure services that support oil and gas industry. Its WesternGeco segment provides reservoir imaging, monitoring, and development services; and operates data processing centers and multiclient seismic library. This segment also offers variou s services include 3D and time-lapse (4D) seismic surveys to multi-component surveys for delineating prospects and reservoir management. The company?s M-I SWACO segment supplies drilling fluid systems to improve drilling performance; fluid systems and specialty tools to optimize wellbore productivity; production technology solutions to maximize production rates; and environmental solutions that manages waste volumes generated in drilling and production operations. Its Smith Oilfield segment designs, manufactures, and markets drill bits and borehole enlargement tools; and supplies drilling tools and services, tubular, completion services, and other related downhole solutions. The company?s Distribution segment markets pipes, valves, and fittings, as well as mill, safety, and other maintenance products. This segment also provides warehouse management, vendor in! tegration, and inventory management services. Schlumberger Limited was founded in 1927 and is based in Houston, Texas .
Advisors' Opinion:- [By Ben Levisohn]
Stocks with low turnover include Philip Morris International (PM), Schlumberger (SLB), Johnson & Johnson (JNJ), General Electric (GE) and Automatic Data Processing (ADP).
- [By Ben Levisohn]
We see several potential sources of continued activity as: (i) Schlumberger (SLB) may look to recapture #1 spot in revenues if Halliburton/Baker Hughes do merge; (ii) Halliburton/Baker Hughes may look to plug their seismic service gap (seismic has been the worst-performing industry sub-segment this year); (iii) Halliburton/Baker Hughes may be forced to divest US assets in order to pass antitrust review. Other potential buyers could include oilfield pure-plays, which may be looking to shift exposure away from offshore rigs and more towards completion/production technologies, or large diversified industrials seeking to capitalize on their strong relative share price performance vs. the energy industry.
- [By Johanna Bennett]
Earlier this week, analysts at Credit Suisse reduced earnings estimates for Halliburton, Baker Hughes, Schlumberger (SLB) and Weatherford International (WFT).
- [By Jonas Elmerraji]
Most of the selling last quarter took place in the energy sector -- and within it, no single stock got sold off as hard by funds as Schlumberger (SLB). All told, funds unloaded more than 4.57 million shares of the oil field servicer, a stake that's worth close to $430 million at current price levels. So, should you sell too? Not so fast.
Schlumberger is the biggest oil service company on the planet. The firm's revenues come from a menu of specialized field services such as seismic surveys and well drilling and positioning. In a nutshell, SLB's job is to pull oil out of the ground as efficiently as possible -- and with oil prices in freefall, SLB's ! value pro! position matters more now than it did when crude was trading in the triple-digits. Oil firms turn to Schlumberger because the tasks they need to accomplish are too nuanced or proprietary to pull off in-house. And that gives the firm a deep economic moat.
Another part of SLB's deep moat comes from boots on the ground. Because Schlumberger is on-site at its clients' well locations, the firm is able to sell more complementary services at one time. The energy sector has gotten shellacked in the last few months, and frankly, that downward pressure isn't showing any signs of letting up. That said, SLB's revenues don't ebb and flow exactly in step with crude prices (unlike its clients), and shares look oversold here.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-valued-companies-to-invest-in-right-now.html
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