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SLB

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Analysis and statistics

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About

SLB.MU represents the stock of SLB (formerly Schlumberger) traded on the Munich Stock Exchange. SLB is a global technology company that partners with energy companies to access oil and gas resources worldwide. The company provides a wide range of products and services, from exploration and production to processing and infrastructure, serving the oil and gas industry. Investing in SLB.MU offers exposure to the performance of a major player in the energy sector and its innovations within the industry.

Factors

Oil Prices: Higher oil prices typically lead to increased drilling activity and demand for SLB's services, boosting their stock price.

Global Economic Growth: A strong global economy usually translates to higher energy demand and, consequently, more investment in oil and gas exploration and production.

Technological Advancements: SLB's innovations in drilling and production technologies can improve efficiency and reduce costs for energy companies, making their services more valuable.

Geopolitical Events: Political instability or conflicts in major oil-producing regions can disrupt supply chains and impact oil prices, affecting SLB's business.

Interest Rates: Higher interest rates can increase the cost of borrowing for energy companies, potentially slowing down investment in new projects.

Company Performance: SLB's financial results, including revenue, earnings, and profit margins, directly influence investor sentiment.

Energy Transition: The shift towards renewable energy sources can impact long-term demand for oil and gas, influencing investor outlook on SLB.

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