SLB is the dominant oilfield services franchise with disproportionate exposure to international and offshore activity, both of which are in multi-year upcycles. ChampionX acquisition expands production chemicals. Digital and AI offerings carry software-like margins. Middle East spending intensity remains record-high through 2027.
Thesis reviewed May 29, 2026
SLB (Schlumberger) is headquartered in United States, which is currently showing moderate signals.
πΊπΈUnited States67NEUTRALView United States risk detail ββ‘Energy77REDUCE| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| WDS | Woodside Energy Group Ltd | 71 | +10% | β64% | WATCH |
| CVE | Cenovus Energy Inc. | 71 | +17% | β64% | WATCH |
| SU | Suncor Energy Inc. | 71 | +14% | β64% | WATCH |
| PTR | PetroChina Company Limited | 71 | +8% | β64% | NEUTRAL |
| TTE | TotalEnergies SE | 71 | +10% | β64% | WATCH |
| FTI | TechnipFMC plc | 71 | +20% | β64% | WATCH |
| SHEL | Shell plc | 71 | +4% | β64% | NEUTRAL |
Investors who hold SLB may also have indirect exposure through these country funds.
Saudi Aramco awards $7B in long-term services contracts
ADNOC offshore drilling spend hits new high
Brazil pre-salt activity driving deepwater equipment shortage
Estimates Β· Yahoo Finance Β· Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Julia LetlowLA | R | Buy | $1kβ$15k | Feb 24, 25 | +19.5% |
| Julia LetlowLA | R | Buy | $1kβ$15k | Oct 23, 24 | +19.5% |