If you are wondering whether SLB is priced attractively right now, you are not alone. Many investors are asking if the current share price lines up with the underlying value of the business.
SLB shares last closed at US$46.97, with returns of 10.9% over 7 days, 20.7% over 30 days, 16.8% year to date, 19.2% over 1 year and a 106.3% gain over 5 years, set against an 11.4% decline over 3 years that may still be in the back of some holders’ minds.
Recent coverage has focused on SLB’s role as a major energy services provider, including its exposure to global oil and gas activity and interest in its technology and services across different regions. This context has kept attention on how changes in energy spending, project activity and long…
