1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Dodge & Cox Comments on Schlumberger

November 07, 2013 | About:

Schlumberger (SLB) (the world's leading oil services company) has been a long-term holding in theDodge & Cox Equity Funds. Roughly two-thirds of Schlumberger's revenues come from outside the United States. The company is the dominant international provider in key markets including the Middle East and Russia. Historically, its international business has had higher margins and faster growth rates than its U.S. operations. Among its peers, Schlumberger has also consistently spent more on technology and research and development. Although a supply or demand shock to oil prices could reduce industry exploration and production budgets, we believe Schlumberger is well positioned to continue to benefit from the long-term relationships it has with international oil companies and producing countries.

From Dodge & Cox Funds' The Energy Sector commentary.


Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


GuruFocus has detected 5 Warning Signs with Schlumberger Ltd $SLB.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by


User Generated Screeners


TFCPEG1 Buyback Inside 2
LuddyQQ MAGIC JAMIE
TFCLike Coke
vvalsecchiGuru Screen New
itflpalmsBRUCE-Tester
efredbacdogs and cash
GlenroseQuality
GlenroseUniverse good business
DANGORDONRETURN ON EQ 5-22-17
DANGORDONRET ON CAP 5-22-17
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

FEEDBACK