Schlumberger : All indicators still on green for investments in oil
>Outperform rating, target price adjusted to $ 60 - The energy security theme is a real support factor and even an accelerator for an upturn in capex in the O&G sector after several years (8 in total internationally) of underinvestment. Internationally, the acceleration of the momentum is perceptible, notably through the return of pricing power. This sharp pick-up in investment will continue for several years for oil service players, given past underinvestment a...Schlumberger provides technology for reservoir characterization, drilling, production and processing to the oil and gas industry. The company has four segments: Reservoir Characterization, which consists of the principal technologies involved in finding and defining hydrocarbon resources; Drilling, which consists of the principal technologies involved in the drilling and positioning of oil and gas wells; Production, which consists of the principal technologies involved in the lifetime production of oil and gas reservoirs; and Cameron, which consists of the principal technologies involved in pressure and flow control for drilling and intervention rigs, oil and gas wells and production facilities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.