Oil futures in New York settled at their highest since December 2014. U.S. benchmark West Texas Intermediate climbed 0.35% to close at $68.88 a barrel. International benchmark Brent crude rose 0.88% to $74.71 a barrel. The gains were unusual in that the U.S. dollar...
Schlumberger’s (SLB) next quarterly earnings report on October 20 will be a major test of the company’s new business model. I hold the shares in my long-term 50 Stocks portfolio. For me the quarter will provide an early indication of how much volatility...
If Schlumberger did its work in clean rooms in Silicon Valley, everyone would understand that this is a world class technology company and would price the shares accordingly. Fortunately for us, most investors don’t get it so in 2008 you could buy Schlumberger...
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