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Drill into Schlumberger (SLB)

 Sep 16, 2009 07:00 PM UTC
Return Risk
+5.50% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
SLB Positive 09/16/09 -0.78% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: International markets, Newsletters, Schlumberger Limited (SLB), Commodities, Oil, Stocks to Buy

"The oil-services sector remains my favorite long-term play in the energy industry," says sector specialist Elliott Gue. In The Energy Strategist, the advisor looks to industry-leader Schlumberger (NYSE: SLB).


Gue explains, "Oil services firms will benefit directly from the increasing technical complexity of oilfield development. International business is the primary driver for Schlumberger, which generated only 22% of its revenues from North America in 2008.


"The important question is, where do we sit in the cycle for international operations? In my view, the second half of 2010 will mark the beginning of a new uptrend.

Continue reading Drill into Schlumberger (SLB)

Drill into Schlumberger (SLB) originally appeared on BloggingStocks on Wed, 16 Sep 2009 14:00:00 EST. Please see our terms for use of feeds.

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