Schlumberger (SLB) Watchlist

tz-plus logo Schlumberger: Three Significant Growth Drivers for the Coming Years with Billion-Dollar Revenue Potential!

J. Meyer
Reading Time: 2 minutes

Schlumberger is a top pick to capitalize on rising oil investments in Venezuela. During the conference call on Friday, management identified three future growth drivers: 1. As the currently only international service company operating under valid licenses, the company has a first-mover advantage in Venezuela. Management emphasizes its deep roots from nearly a century of presence and the maintenance of infrastructure and expertise on site. With over 1,000 Venezuelan employees and a broad portfolio of drilling and production technologies, Schlumberger...

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