Is There Now An Opportunity In SLB (SLB) After Recent Share Price Gains
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If you are wondering whether SLB is priced attractively right now, you are not alone. The stock often catches the eye of investors looking for value in the energy sector.
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SLB last closed at US$45.20, with returns of 12.4% over the past week, 14.6% over the past month, 12.4% year to date, 20.7% over 1 year, a 16.4% decline over 3 years, and 102.0% over 5 years.
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Recently, SLB has been in focus as investors weigh these mixed return figures across different time frames against broader sentiment toward energy services and related spending trends. News flow around the sector and oilfield activity helps frame whether the recent gains are being treated as a renewed opportunity or a reassessment of risk.
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Our valuation model gives SLB a…
