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Posted by
Two Blokes Jul 6 -
Filed in
Stock
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5 views
SLB is undervalued, trading at less than 11x FCF, with strong financials, robust capital returns, and growing dividends, despite recent share price weakness. Technological advancements in digital, AI, and data center solutions are driving growth, diversifying revenue, and enhancing resilience beyond traditional oilfield services. SLB's disciplined capital allocation, low debt, and commitment to $4B in shareholder returns position it for capital appreciation and dividend growth.