Added to YB: 2025-04-28
Pitch date: 2025-03-31
SLB [neutral]
SLB N.V.
-3.26%
current return
Author Info
No bio for this author
Company Info
SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems.
Market Cap
$53.6B
Pitch Price
$40.78
Price Target
N/A
Dividend
3.18%
EV/EBITDA
6.91
P/E
13.97
EV/Sales
1.82
Sector
Energy Equipment and Services
Category
value
Ariel Investments Appreciation Fund Portfolio Holding: Schlumberger Limited
SLB (holding update): Largest oilfield services co globally; provides equipment, services, digital tools for E&P efficiency. Weak near-term demand + oil glut created entry point. Tailwinds: NOCs investing in long-cycle projects to grow capacity, offset production declines. Scale + technical expertise are differentiators; evolving capabilities to meet future energy needs.
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