Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Saturday, July 27, 2024

Schlumberger Valuation


Schlumberger, the offshore drilling services company is undervalued, according to Wolfteam Ltd.'s projections and estimates.

With 33.14 billion USD in revenue, growing at 17.96 %, net profit margin of 12.68 %, Schlumberger's intrinsic value is 124 billion USD, compared with Schlumberger's current market capitalization of 69.34 billion USD.

Here is an excerpt from Schlumberger's fourth quarter 2024 financial results:


SLB Announces Second-Quarter 2024 Results

19 July 2024
  • Revenue of $9.14 billion increased 5% sequentially and 13% year on year
  • GAAP EPS of $0.77 increased 4% sequentially and 7% year on year
  • EPS, excluding charges and credits, of $0.85 increased 13% sequentially and 18% year on year
  • Net income attributable to SLB of $1.11 billion increased 4% sequentially and 8% year on year
  • Adjusted EBITDA of $2.29 billion increased 11% sequentially and 17% year on year
  • Cash flow from operations was $1.44 billion and free cash flow was $776 million
  • Board approved quarterly cash dividend of $0.275 per share

No comments: