Should I Buy Schlumberger (SLB)? Finance YouTuber Analysis

The analyst finds SLB (formerly Schlumberger) interesting because it profits directly from increased investment in energy exploration and production, particularly gas. As an experienced service provider in a complex industry, it benefits from the need for reliable expertise, especially as the world realizes the continued need for fossil fuels. The stock's valuation appears attractive given its potential for growth if the energy investment cycle turns.

“SLB heißt die Aktie jetzt und die finden wir z.B. auch sehr interessant, weil die eben profitieren, wenn jetzt wieder mehr in z.B. Gasförderung investiert wird.”

Schlumberger, a leading oilfield services provider, is a potential beneficiary of future investments in Venezuelan oil infrastructure. The recommendation is to buy on a pullback, as the stock has recently surged on speculation, and the broader oil market remains weak.

“Here we're looking at companies like Hallebertton ticker H, Schlumbumber, ticker SLB, and Baker Hughes ticker BKR. These are the major companies providing those drilling services to the major oil companies like Chevron, like Exxon. So basically they'll be contracted to provide the equipment, provide the services to go down there and upgrade some of these oil fields. What I would say though, I would wait for some of these to come back down.”

The YouTuber suggests watching Schlumberger, a drilling services company, as a beneficiary of the new budget bill. The bill provides easier access for oil and gas companies to drill on federal land and offers lower royalty rates and better deductibility of costs.

“So, be watching names like Chevron, CVX, and especially drilling services like Schlumbumber, ticker SLB, and Baker Hughes, ticker BKR.”