SLB posts
FeedPosted 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 Mar 6th 2011 2:50PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy
I first wrote about Schlumberger (SLB) here on May 6, 2009, at a price of $56.09. Shares of oil and natural gas servicer have jet-streamed toward major, psychological resistance at $100, easily clearing $90 on the way. It goes without saying that if you haven't already, 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, as SLB will likely continue to head north.
Further, I'd raise the sell/stop loss to $68 from $63.
Continue reading Schlumberger Vectors Toward $100 a Share
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 Jan 16th 2011 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Bank of America (BAC), Goldman Sachs Group (GS), Wells Fargo (WFC)
The earnings season ramps up this week. Analysts polled by Thomson Reuters foresee strong reports from such big names as Apple (AAPL), eBay (EBAY), IBM (IBM), General Electric (GE), Google (GOOG), Schlumberger (SLB) and Southwest Airlines (LUV). And fast on the heels of last week's big earnings beat from JPMorgan Chase (JPM), there will be plenty more results from the financial sector to peruse this week.
Among the financials expected to post double-digit earnings growth this week are Capital One Financial (COF), Morgan Stanley (MS), SLM Corp. (SLM) and U.S. Bancorp (USB), but the week's biggest earnings winner may be Wells Fargo (WFC).
Continue reading Week in Preview: Banks in the Earnings Spotlight
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 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
Posted May 28th 2010 5:00PM by Douglas McIntyre (RSS feed)
Filed under: After the Bell, Cisco Systems (CSCO), Ford Motor (F), Halliburton (HAL), Schlumberger Limited (SLB), Bank of America (BAC), BP p.l.c. ADS (BP), S and P 500, DJIA, NASDAQ

After the lunch hour Fitch downgraded Spain's credit rating to AA+ from AAA. The euro immediately sold down to $1.229. And, the stock markets in the US swiftly sold off prior to the Memorial Day weekend, leaving investors to think about the bad news for three days. A nice way to ruin the holiday.
The initial reaction to the news was that the major indexes dropped 1.2%. By 3.30 PM the DJIA had recovered most of its equilibrium and was off .5% on small volume. Spain recently said that it would miss GDP estimates for 2011, so Wall St. may have anticipated the possibility of a ratings agency decision. Long weekends after bad news can be a time of quiet panic for traders. The beer might not taste as cool as it could have.
The unofficial closing bell numbers:
Dow 10,136.63 -122.36 (-1.19%)
S&P 500 1,089.41 -13.65 (-1.24%)
Nasdaq 2,257.04 -20.64 (-0.91%)
Continue reading Closing Bell: Trouble in Spain Does Only Modest Damage (BAC, CSCO, F, BP, HAL, SLB, RIG)
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