Schlumberger shares: Price analysis before buying or selling

Can I receive dividends when I buy Schlumberger shares?

Yes

ISIN code: AN8068571086

Ticker: EPA: SLB

Index or market: NYSE

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Elements to consider before selling or buying Schlumberger shares

Analysis N°1

Start by following all the acquisitions or mergers event types allowing the group to buy out the competition or to increase its global market share which are often very good entry points on the market.

Analysis N°2

The development of fuel demand in the world is also an indicator of choice for following the Schlumberger share on the stock market.

Analysis N°3

Government regulations regarding the production and import of hydrocarbons are also important to take into account during your analyses.

Analysis N°4

A complete study of the competition is essential while monitoring the evolution of the market shares of each of the major players in this sector.

Analysis N°5

Economic growth and global economic health are directly correlated with Schlumberger's results so these figures should be watched carefully.

Analysis N°6

Changes in mentality regarding environmental protection and new rules in this area can also be detrimental to Schlumberger and its activities.

Analysis N°7

Finally, you'll need to closely monitor the energy raw materials market and more particularly the oil market and the price of black gold which is also an excellent indicator of the health of this sector.

Analysis before buying or selling Schlumberger shares

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General presentation of Schlumberger

The Schlumberger Group is currently the world leader in oilfield service providers for industries exploring and producing oil and gas. Its activity can be divided into two main hubs, oilfield services which represent 73.3% of the turnover and reservoir surveillance and seismic control services which represent 26.7% of the turnover.

Schlumberger generates most of its turnover in North America and Asia-Middle East, but also reaches other markets.

The Schlumberger share price is currently listed on compartment A of the Euronext Paris market in France. Schlumberger is also part of the French national stock market index CAC All Shares and is therefore one of the French companies with the largest market capitalization.

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The major competitors of Schlumberger

The Schlumberger group carries out targeted activities in the oil sector and more specifically in oilfield equipment for the oil industry. As such, it's the international market leader in this sector and its market shares are highly coveted by other large similar groups. Check out a bit more about Schlumberger's main competitors in order to help you in your fundamental analyses of this stock share.

Halliburton

Schlumberger's main competitor is without a doubt American Halliburton, which recently bought number 3, Baker Hughes and as a result, has greatly developed its reputation and its positioning on the market.

Cameron

Schlumberger has managed to maintain its leading position thanks to the acquisition of another of its competitors the American group Cameron in 2015.

The major partners of Schlumberger

Helix Energy

In 2014, Schlumberger signed a strategic partnership with the American group Helix Energy Solutions and OneSubsea aimed at developing intervention systems for underwater oil wells. This company is actually a joint venture between Schlumberger and its former competitor Cameron.

Sound Energy

In 2017, Schlumberger signed a partnership agreement with the Sound Energy Plc group in order to extend their previous partnership in the Tendrara and Meridja projects.

Weatherford

Also in 2017, Schlumberger signed a partnership with Weatherford and created a joint venture named OneStim in the supply of oil services to develop the production of non-conventional resources in the United States, 70% owned by Schlumberger.

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The factors in favour of a rise in the Schlumberger share price:

First of all, let us recall that the Schlumberger group has a very strong and advantageous positioning in its sector of activity. Indeed, the group is currently one of the world's largest providers of oilfield services. This position of strength naturally reassures investors and increases the volatility of its share price.

The presence of the Schlumberger group at the international level is also an asset to be taken into account. The company currently has more than 100,000 customers worldwide and operates in more than 80 different countries. This well-executed international expansion strategy enables the company to reduce the risk of exposure to a single geographical sector in the event of an economic crisis or recession.

Schlumberger is also a group that places great emphasis on the excellence of its products and services and on innovation. It stands out from the competition through significant and recurring investments in research and development, which enables it to improve the quality of solutions offered to its customers and thus helps it to stand out from the major competitors in this sector.

Lastly, the Schlumberger group's ability to carry out conclusive and profitable merger or acquisition operations on a very large scale, enabling it to improve its brand image and extend its expertise, is also an advantage of the Schlumberger group.

The factors in favour of a drop in the Schlumberger share price:

First of all, this concerns the legal constraints that the group has to face in certain countries. As the company's activities are highly internationalized, these legal complexities can have a certain impact on its profitability and slow down both its sales and its development.

Finally, the second and final factor penalising Schlumberger concerns its image as a polluting company. Indeed, the company has often been singled out by critics and environmental protection associations for its dubious practices. In particular, Schlumberger has been the target of numerous controversies concerning the oil spill, which have of course given it negative publicity.

The information supplied here is only for indicative purposes and should not be used without the completion of a comprehensive and complete fundamental analysis of this asset notably taking into account exterior data, future publications and announcements and all fundamental events and news that could influence the strengths and weaknesses or make them more or less significant. This information does not in any way constitute recommendations relating to the completion of transactions or a solicitation to buy or sell an asset.

Frequently Asked Questions

How to complete a chart analysis of the Schlumberger share price?

To complete a technical analysis of the Schlumberger shares you should analyse the share price and trade volume of this asset in order to identify the numbers and figures available on the stock market charts to predict the medium and long term trends that could occur and establish the buy and sell signals such as the support and resistance levels that could indicate a rebound or reversal of these trends. Of course, this method should be combined with a fundamental analysis.

Which data relating to the Schlumberger Company should be analysed in priority?

To complete a fundamental analysis of the Schlumberger share price we would particularly study the quarterly publications, the annual financial results, operations related to the asset, share buyout operations and other important events such as partnerships, mergers and acquisitions, events related to subsidiaries, or anything else that is significantly linked to this company or sector that could impact this company’s growth and influence the investors.

Should you trade in Schlumberger shares using CFDs?

It is not obligatory to use CFDs, otherwise known as Contracts for the Difference, to trade in Schlumberger shares, you can in fact purchase these shares directly using a classic financial placement solution. However, CFD contracts, accessible directly online from reputable brokers, offer numerous advantages including the opportunity to profit from a rise or fall in this asset price and benefit from the analytical tools that will assist you in completing innovative and beneficial decisions.

Trade the Schlumberger share!

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Analysis before buying or selling Schlumberger shares