Friday, April 4, 2014

Should Investors be Following the SLB Stock News?


Schlumberger Limited is a company based in U.S that mainly supplies technology, integrated project management solutions, as well as the information solutions to its natural oil and gas production and exploration client companies in the energy sector worldwide. There are multiple segments working under the name of the company and all are autonomous and independent yet the earnings are made by the parent company on the segments’ behalf.  
The increased revenue and investments made by the company in recent times has led the investors to take greater interest in the Schlumberger Limited stocks. The SLBearnings have increased since the last few years, which is the main driver of investors’ intention to buy more SLB stock. The SLB stock news must therefore be followed by the potential investors as that will be a key to understand the stock price fluctuations in the case of SLB stock and therefore the investors will become able in no time about the trends that need to be followed when to buy or sell the stocks of the company. The current SLB stock price $97.57 and this has increased considerably since the last 5 years, as it was $53.33 in the beginning of 2009.

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