Energy · NYSE/NASDAQ: SCHLUMBERGER

SCHLUMBERGER

Oil & Gas Equipment & Services
Market Cap
Verdict: High

Quality Scores

Multi-Bagger
65/100
Compounder Quality
84/100
Management Credibility
88/100
Governance
94/100
Cash Flow Quality
88/100

AI Summary

Schlumberger (SLB) remains the premier global technology provider in the oilfield services sector, successfully transitioning from a capital-intensive drilling firm to a digital-first energy technology leader. Following a severe industry downturn and restructuring (2015-2020), SLB has pivoted towards asset-light digital expansion and new energy non-core ventures. The company benefits from a massive international footprint where offshore and Middle East spend is currently resilient compared to North American land markets. Financial performance has recovered significantly with high incremental…

Top Opportunities

  • Unrivaled global market share in oilfield services
  • Strong pivot to 'New Energy' and carbon capture tech
  • Excellent digital integration (Delfi platform)

Top Risks

  • Extremely sensitive to volatile oil and gas prices
  • History of massive asset write-downs/impairments
  • Negative 10-year revenue CAGR

Latest report: Read the annual report summary →

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