A 42.40% Potential Upside Amidst Energy Sector Volatility
Schlumberger N.V. (NYSE: SLB) stands as a global titan in the oil and gas equipment and services industry, commanding a substantial market capitalization of $45.58 billion. Based in Houston, Texas, Schlumberger has been a stalwart in the energy sector since its inception in 1926, offering a comprehensive suite of services, including digital integration, reservoir performance, and well construction, among others.
Currently trading at $33.74, Schlumberger’s stock has experienced a modest price change of 0.49, equivalent to a 0.01% increase. The company’s stock performance over the past year has witnessed fluctuations, with a 52-week trading range spanning from $31.95 to $49.67. This volatility, however, is not uncommon in the…
