With a strategy that emphasized steady earnings growth and a strong market position, Peter Lynch sought out long-term winners. We put SCHLUMBERGER LTD (NYSE:SLB) to the test against his stock-picking rules.
A volatile pricing environment for commodities is diminishing the demand for oilfield services, creating a challenging outlook for the industry. Here is a look at some companies in the space that are likely to perform well despite these challenges.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
The Energy Select Sector SPDR Fund is trading lower by 6.3% during Thursday's session. Investors stepped back from Wednesday's risk-on rally and locked in profits.
Let's delve into the developments on the US markets in the middle of the day on Monday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Schlumberger is one of the largest oilfield services companies in the world, providing technology, information solutions, and integrated project management for upstream oil and gas operations.
Peter Lynch’s investment philosophy combines fundamental analysis with a deep understanding of business models. Let’s analyze if SCHLUMBERGER LTD (NYSE:SLB) meets his criteria for a solid investment.
Schlumberger's stock remains relatively flat premarket after a 2% increase yesterday, following the announcement of a subsea production systems agreement with Vår Energi to fast-track oil and gas developments on the Norwegian Continental Shelf.
