Schlumberger: My scenario of a super investment cycle is confirmed. Reasons why an entry is worth considering.
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On July 16, 2027, I titled an article "Schlumberger: For me, this is the hottest story in the oil sector" and pointed out that I expect a new exploration cycle. Due to the Iran war, oil production is set to diversify more globally, especially in the offshore sector. Oil prices remain elevated for now, making investments in Venezuela more attractive. The winner of this new super investment cycle is Schlumberger. I see this story as confirmed. Schlumberger reported its quarterly results on July 24, supporting my scenario. "Our results for the second...
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