For genuine investors who are not in the oil field,there are a number of facts that drive my portfolio selection...and in the case of SLB(for whom I do not work).
Recent post's questioned the following :-
SLB has one of the Strongest balance sheets of any of the service sector(fact)...bankrupt no way.
SLB do not pump any form of frac or drilling fluid without the consent and involvment of the OIL&Gas Client.This will always comply with US or other national laws,standards and procedures(fact)
SLB UNLIKE 2 of our WELL KNOWN U.S. service companies has never been implicated in any form of illegal practise including bribery etc.....(fact)
SLB personnel are multi national and the highest % is American....does it matter if an amercican citizen is anything other than caucasian !
Actually the kalanca posts are humorous,maybe he should sell his 10 shares....leave you all in peace.
SLB will remain a good buy even approaching $80....I follow because of it's technology advances.