Added to YB: 2025-04-28
Pitch date: 2025-03-31
SLB [neutral]
SLB N.V.
+41.22%
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
$82.8B
Pitch Price
$40.54
Price Target
N/A
Dividend
2.13%
EV/EBITDA
10.04
P/E
24.43
EV/Sales
2.56
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.
Read full article (1 min)