Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

I Chose Square To Process Payments — Here’s My Biggest Concern

July 11, 2025

5 questions we all have about portfolio rebalancing

July 11, 2025

Goldman Sees Housing Affordability Relief Ahead – Here’s The Timeline

July 11, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Friday, July 11
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Stock Market»Buy this energy stock as valuation is ‘near crisis lows’: Benchmark
Stock Market

Buy this energy stock as valuation is ‘near crisis lows’: Benchmark

July 1, 2024No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

According to Benchmark analysts, there is a positive outlook on an oilfield services company, with the stock being considered undervalued. The company in question is Schlumberger (NYSE:). Benchmark believes that the stock is significantly undervalued and recommends investors to either establish a new long position, increase an existing weighting, or cover a short position.

Benchmark argues that the stock is not reflecting its true fundamental value and sees the current price as a great buying opportunity, especially when compared to past major crises like the 2008 financial crisis and the COVID-19 pandemic.

Furthermore, Benchmark highlights Schlumberger’s strong financial health, pointing out its low EV/EBITDA multiple compared to previous years. Historically, such low valuations have resulted in significant rebounds, with an average gain of 20% within 3 weeks.

In addition to financials, Benchmark mentions positive developments for Schlumberger, including strong revenue visibility from long-term projects, the acquisition of ChampionX (CHX), and growth in AI-powered solutions. The company’s investment in carbon capture technology also positions it well for the energy transition.

Overall, with a combination of undervaluation, strong financial performance, and positive growth prospects, Benchmark believes that Schlumberger represents an attractive opportunity for investors.

Benchmark Buy crisis energy lows Stock valuation
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How to Buy a House After Divorce

July 7, 2025

Crypto VCs Crown New Unicorn as Confidentiality Startup Zama Raises $57M at $1 Billion Valuation

July 5, 2025

29% of Gen Z think the stock market is too intimidating – Here’s how to make it not so scary

July 2, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

The Emperor’s New Clothes | ZeroHedge

September 29, 20240 Views

Martech Is The Future Of Real Estate

January 25, 20250 Views

Nvidia stock can climb for the next 12 months, S&P Global analyst says

September 14, 20240 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Personal Finance

I Chose Square To Process Payments — Here’s My Biggest Concern

July 11, 20250
Investment

5 questions we all have about portfolio rebalancing

July 11, 20250
Economic News

Goldman Sees Housing Affordability Relief Ahead – Here’s The Timeline

July 11, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.