SLB reported second-quarter revenue of $8.97 billion, a 3% sequential growth, and 5% year on year. Unsurprisingly, both digital and production systems drove these results as customers seek to maximize production output from current assets during a volatile macroeconomic backdrop.
SLB should benefit from a sanctioned project pipeline of $100 billion per year and should win a growing set of global offshore projects.
The market is overly concerned about the impact of shut-in production due to the Middle East conflict.
|
Metric
|
SLB
|
HAL
|
WFRD
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.42 | 14.52 | 18.68 |
Price/Book Value | 3.06 | 2.61 | 3.81 |
Price/Sales | 2.23 | 1.29 | 1.43 |
Price/Cash Flow | 12.38 | 10.19 | 9.77 |
|
Metric
|
SLB
|
HAL
|
WFRD
|
|---|---|---|---|
Quick Ratio | 0.94 | 1.25 | 1.57 |
Current Ratio | 1.44 | 2.02 | 2.34 |
Interest Coverage | 8.41 | 7.16 | 4.40 |
|
Metric
|
SLB
|
HAL
|
WFRD
|
|---|---|---|---|
Return on Assets (Normalized) | 7.11% | 7.88% | 8.75% |
Return on Equity (Normalized) | 15.37% | 18.83% | 27.13% |
Return on Invested Capital (Normalized) | 10.72% | 11.91% | 15.44% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Baker Hughes Co Class A
BKR
| LOCK|?dbnkv^! | LOCK|?q< | $64B | |||
| TechnipFMC PLC
FTI
| LOCK|!gNn&V | LOCK|N#f | $31B | |||
| Halliburton Co
HAL
| LOCK|h&?%M&G | LOCK|SND%X | $29B | |||
| Tenaris SA
TNRSF
| — | LOCK|nJt&x | $27B | |||
| Tenaris SA ADR
TS
| LOCK|^>^>m> | LOCK|l$P?s | $27B | |||
| Subsea 7 SA
ACGYF
| — | LOCK|cGplf | $11B | |||
| Subsea 7 SA ADR
SUBCY
| LOCK|$&nkM^ | LOCK|?<$$ | $11B | |||
| NOV Inc
NOV
| LOCK|n#fxb!l | LOCK|?P? | $8B | |||
| Weatherford International PLC Ordinary Shares - New
WFRD
| LOCK|zQ$Xq% | LOCK|!^ | $7B |
United States