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SLB Limited (SLB) Stock Forecasts

Author: Yahoo Finance·

Key Takeaways

  • SLB operates as one of the world’s leading oilfield services companies.
  • The company employs approximately 109,000 people in more than 100 countries.
  • Its services span technology, information solutions, and integrated project management for reservoir optimization.
  • SLB’s business depends on capital spending by oil and gas producers and on drilling and production activity.
  • The company’s performance is also tied to demand for efficiency improvements in reservoir development.
SLB Limited (SLB) Stock Forecasts

Summary

SLB is one of the world's leading oilfield services companies, providing technology, information solutions, and integrated project management services designed to optimize reservoir performance. The company employs approximately 109,000 people in more than 100 countries, giving it a broad operating footprint across upstream energy markets. SLB supplies a wide range of services and solutions across the energy industry, which means its business is tied to capital spending by oil and gas producers, activity levels in drilling and production, and demand for efficiency improvements in reservoir development.

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William V. Selesky

Senior Analyst: Basic Materials

Bill covers the Basic Materials sector for Argus. He has worked in the investment business for more than 15 years, including roles as a senior equity analyst at Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management, and John Hsu Capital Group. He has covered groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming, and Utilities. At PaineWebber, he also served on a team that managed $9 billion in active equity products.

Before entering the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. He holds a Master of Business Administration degree in Investment Finance from Pace University and a Bachelor of Science degree in Economics from Fordham University.