FeedPosted Mar 31st 2011 12:30PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Schlumberger Limited (SLB), Commodities, Oil, Stocks to Buy
"Schlumberger Limited (SLB) is the world's leading oil services company, assisting in exploration, production and most other oil services; its operations include being a leader in applying proprietary technologies to extract hard-to-extract oil and gas," says Michael Shulman.
The editor of The Short-Side Trader suggests, "Let's ask ourselves the following question: Over the next year is the there going to be more, less or an equal demand for oil? The answer is clearly more demand.
"Another question: Over the next year is there going to be more, less or an equal supply of oil?
Continue reading Schlumberger (SLB): A 'Great Opportunity'
Posted Mar 18th 2011 10:40AM by Joseph Lazzaro (RSS feed)
Filed under: Schlumberger Limited (SLB), Stocks to Buy

Oil and natural gas servicer Schlumberger (
SLB), which I first wrote about on May 6, 2009, at a price of $56.09, continued to break new ground this winter, rising from about $74 to near $96, before pulling back to $87. Hence, if you haven't already, now would be a good time to consider taking some profits off the table.
Further, I'd raise the sell/stop loss to $67 from $64 at this stage.
However, those investors who can tolerate the risk can maintain their full position and go for an even bigger gain, as SLB is likely to push toward $110 by the end of 2011.
Continue reading Schlumberger's Shares Continue to Head North on Oil's Rise
Posted Feb 9th 2011 12:40PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Schlumberger Limited (SLB), Commodities, Oil, Stocks to Buy
"Oil had a good year in 2010, rising 15 percent, and 2011 looks to be even better, as a stronger global economy pushes demand for resources higher," says Stephen Leeb.
The editor of The Complete Investor explains, "Oil service and equipment companies are the most leveraged way to play rising oil prices. Here's a look a Schlumberger (SLB) and National Oilwell Varco (NOV).
"First is Schlumberger, operating in more than 80 countries. The company is the world's leading supplier of energy technology, project management, and information solutions.
Continue reading Oil Services Favorites: Schlumberger, National Oilwell Varco
Posted Dec 17th 2010 5:00PM by Joseph Lazzaro (RSS feed)
Filed under: Schlumberger Limited (SLB), Stocks to Buy
The shares of oil/natural gas servicer Schlumberger Limited (SLB), first written about here on May 6, 2009, at a price of $56.09, have vaulted higher this fall, from about $59 to $80. Now would be a good time to consider taking some profits off the table.
However, those investors who can tolerate the risk can maintain their full position and go for an even bigger gain.
The removal of the U.S. deepwater offshore oil drilling moratorium and an oil price that never seems to dip for too long -- it's averaged better than $70 per barrel for months -- spell good things for Schlumberger, and institutional investors have piled in to the stock.
Continue reading Schlumberger: Time to Take Some Profits off the Table?
Posted Dec 14th 2010 9:00AM by Paul Foster (RSS feed)
Filed under: Schlumberger Limited (SLB), Options
Silver futures are recently trading near 30-year highs. iShares Silver Trust (SLV) December 31 and January 35 calls are active on overall call option volume of 180K,(73K puts). Option implied volatility of 43 is above its 26-week average of 35, according to Track Data, suggesting traders are pricing in large movement.
Schlumberger (SLB) volatility has decreased as shares have trended to 27-month highs. Crude oil futures are recently up 0.59% to $88.31, according to Bloomberg. Overall option implied volatility of 32 is below its 26-week average of 35, according to Track Data, suggesting decreasing price movement.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.
Posted Nov 1st 2010 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Pfizer (PFE), Intel (INTC), Estee Lauder (EL), Schlumberger Limited (SLB), Advanced Micro Dev (AMD), Staples Inc (SPLS), Analyst Initiations, Gilead Sciences (GILD)
Analyst Upgrades
- Macquarie upgraded Intel (INTC) to outperform from neutral and Advanced Micro (AMD) to neutral from underperform.
- Pfizer (PFE) was upgraded to outperform from market perform at Bernstein.
- Capstead Mortgage (CMO) was upgraded to outperform from market perform at FBR Capital.
- Oppenheimer upgraded Halliburton (HAL) to outperform from perform.
- Gilead (GILD) was upgraded to outperform from sector perform at RBC Capital.
- Skilled Healthcare (SKH) was upgraded to outperform from market perform at JMP Securities.
- Citigroup upgraded CapitalSource (CSE) to buy from hold.
Continue reading Analyst Calls: AMD, COL, EL, GILD, HAL, INTC, PFE, SLB, SPLS ...
Posted Sep 30th 2010 9:00AM by Paul Foster (RSS feed)
Filed under: Schlumberger Limited (SLB), Options

Market Vector Gold Miners (
GDX) closed down 15 cents to $56.51. Gold is recently up 0.18% to $1,310.70. Put volume is outpacing call volume on a two to one ratio. Overall option implied volatility of 29 is below its 26-week average of 34, according to Track Data, suggesting decreasing price movement.
Schlumberger (
SLB) closed up $1.23 to $61.52 as crude oil futures rally 2.35% to $77.97. Calls are three times as active as puts. October put option implied volatility is at 28, November is at 33, January is at 34, versus its 26-week average of 35, according to Track Data, suggesting decreasing near-term price movement.
Update is by Stock Specialist Paul Foster of theflyonthewall.com.
Posted Sep 13th 2010 4:00PM by Joseph Lazzaro (RSS feed)
Filed under: Schlumberger Limited (SLB)

Schlumberger Ltd (
SLB), first written about
on May 6, 2009 at a price of $56.09,
has taken it on the chin in the past six months. Most of the slide stems from uncertainty regarding the status of U.S. deepwater offshore drilling following the massive Deepwater Horizen oil spill in the Gulf of Mexico this summer, and the consequent moratorium on deepwater drilling (note: The moratorium is scheduled to be lifted November 30, 2010.)
To be sure, global demand for oil and natural gas will increase in the years ahead, and so will demand for deepwater expertise, but the question market regarding the U.S. market represents too much risk, even given Schlumberger's substantial international business.
Continue reading Schlumberger Ltd: For Now, Stand Aside
Posted Aug 16th 2010 10:00AM by Steven Halpern (RSS feed)
Filed under: Newsletters, Schlumberger Limited (SLB), Commodities, Oil, Stocks to Buy
"Schlumberger Limited (SLB) is the biggest oil services company, hands down. As such, the firm's operations extend into just about every imaginable oil or gas-producing region of the world," says energy industry specialist Elliott Gue.
The editor of The Energy Strategist asserts, "The company, in our view, is in the sweet spot of the oil-services cycle.
"Despite Schlumberger's exposure to the Gulf, the hit to the company's bottom line shouldn't be too dramatic, nor will it affect long-term growth prospects. At this valuation the stock already prices in these headwinds.
Continue reading Schlumberger: A 'Must-Own' Oil Services Stock
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