Schlumberger is the largest oil services company in the world and it has a strong balance sheet, is generating a lot of cash, has an experienced management team and boasts several competitive advantages.
Currently, the company is going through a cyclical downturn due to the weak oil price, and investors are wondering if this is a chance to buy. I answer the question in this report.
The report includes:
- An analysis of the company
- An analysis of the oil services industry
- An analysis of the company's financials
- A discounted cash flow analysis