One of the largest oilfield services companies. The organization is engaged in the development and maintenance of the resource extraction equipment. The company’s headquarters are in Houston, Texas. Schlumberger is also engaged in oil exploration, its wide range of activity contributes to the constant growth.
SLB stock is traded on NYSE and other stock exchanges. The price movement is connected with oil and gas prices, that’s why investors should carefully examine the energy market, especially the production rates. New discoveries always mean a higher demand for drilling equipment and higher stock prices. This instrument is relatively not volatile. It’s recommended to trade SLB with middle-term or long-term charts.
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