Schlumberger Has High Growth Potential And Its Stock Should Reflect This
Schlumberger(SLB) Seeking Alpha·2024-03-04 09:09
SimonSkafar/E+ via Getty Images Schlumberger (NYSE:SLB) is in a strong global position for the next oil megatrend as more operators turn to offshore and deepwater production and seek out well optimization onshore. I believe that with the combined strength of SLB’s digital platform and subsea services, the firm is well-positioned for strong cash flow accretion, resulting in stronger shareholder returns through future dividend increases and share buybacks. I provide SLB shares a BUY recommendation with a ...