Schlumberger Ltd
SLB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $67.00 | Fzrvgvs | Fjgxfkgty |
SLB Has Agreed to Acquire ChampionX to Bolster SLB's Chemicals Business
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Business Strategy and Outlook
SLB, formerly named Schlumberger, is the largest oilfield services provider in the world, with a product portfolio that addresses nearly every end market in the industry. The firm has developed an impressive reputation as one of the leading innovators in oilfield services. Roughly 20% of its annual revenue comes from new technology, and the efficiency gains well operators realize through SLB’s services have earned the firm dominant market share in several categories, including wireline services, production testing, and logging-while-drilling.