Buy $SLB while its not too late.
$SLB works with the oil industry:
>seismic acquisition and processing, prospecting, drilling and maintenance of oil wells, fracturing and hydraulic stimulation etc
oilprice.com
Many wells getting shutdown and will have to be restored again, guess who does the job?
Even as crude oil increases, SCHLUMBERGER wins. It's a double whammy.
One of the lowest volatile oil stocks as well
Based. I picked up 380 shares when it dipped to 17.20 today. OPEC cut down production 1 million barrels, bullish
This is a good stock fyi, don't know why OP shared it here.
Personally I'd wait a bit
sounds like a Tim and Eric company. no thx
The fuck? Schlumberger makes electrical instruments.
Zoom out
These bitches couldnt capitalize on their undisputed technology and market lead over the past years. Sad.
>Schlumberger is an international oilfield services company. Schlumberger employs approximately 100,000 people representing more than 140 nationalities working in more than 120 countries. Schlumberger has four principal executive offices located in Paris, Houston, London, and The Hague
Nah son. (Taken from Wiki)
This is prob a good play. Personally I bought XOM (ExonnMobil)
Great long term investment
Keep pumping
based
based and waitpilled
kek
They learned from their mistakes. They will lead in a couple of years. Their R&D blows all other oil companies.
XOM or SLB, you're gonna make it
Thanks OP. Seems like a good buy. Gonna add it to my portfolio.
Yeah I see that now. But they certainly do make electrical instruments also. I use them everyday. Very diverse company it seems.
>kek
Pic related
that's whats special about it as well. They are very diverse so if oil takes the shit they are diverse and could cover their asses
it was funny the way you said it, I know they make electrical instruments. I wasn't laughing at you friend
Personally I prefer HAL and MPC but to each their own
Long futures since $12.40 AMA
I like the company but am in no rush to invest in this sector. The sector is pricing in a strong demand EOY. If q3 earnings forecasts poor / slow outlook this is gunna plummet with high debt and bankruptcy concerns. Initiating at
>Im in no rush to invest in this sector.
SLB has already doubled in price since march. Saudis just cut production again, economy reopening, with vaccine in the works. SLB is in more debt than other refineries, BUT the American energy sector in general is not going anywhere. You should have bought the dip.
based
gotta take risks to make money. This whole market is risky right now. As long as you’re not investing life savings, you will be fine in the long run
Add to that, The treasury yield is going to be negative next year. Energy will be the safest place to park money for dividends. People will be pouring money into this sector.
Absolutely based and checked
>checked
>no dubs
what in tarnation?
get SLB and EPD for the long haul and dividends
MPC and HAL are better brah. Dividends are higher
SLB has higher potential growth
HAL o fren
What's the word on MRO? am I retarded?
not higher than HAL or MPC this year. I sold SLB and bought HAL because SLB had a higher debt load and worse balance sheet. I don't see it failing though
Halliburton march dividend is .18 a share
SLB dividend is .125 a share
MPC dividend is .58 a share
You should buy MRO with all spare cash while its under 6. Thank me in a Year
But they dont anymore. Itron bought them out some years back..
Don't play with my emotions
Bought HAL and SLB this morning. Reminder that gold mining companies are also very cheap and the gold bull market is just starting.
congratulations on your upcoming gains. hodl