SLB Ltd
SLB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| PD^ | LOCK|c%@Y | LOCK|blLMh#!J |
SLB: Raising Uncertainty Rating on More Challenging Macroeconomic Environment
Over the past year, OPEC+ has authorized several crude production increases that could oversupply the market next year. The US EIA expects global production will rise by roughly 3.0 million barrels per day by year-end from last year, while demand will grow by only 1.2 million barrels per day.
