Schlumberger Ltd. is among the world’s largest Oil and Gas Equipment and Services sector businesses in the world. Schlumberger Ltd.’s employees generate $4.168B in profits on $20.456B of revenue. Global output in the Oil and Gas Equipment and Services business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Schlumberger Ltd. is determined to remain a market leader. Sectoral leadership in the Oil and Gas Equipment and Services segment takes dedication and consistency, but management seeks out-sized growth.
Schlumberger Ltd.’s ticker symbol SLB has recently been trading near $85.37 a share. The Schlumberger Ltd. corporate headquarters in Houston TX predicts Oil and Gas Equipment and Services profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $100.614B ensures sufficient liquidity. With a beta of 1.21, the company is more volatile than the market as a whole. When the average equity moves higher, Schlumberger Ltd. moves more aggressively.
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