11-30-2018, 10:31 AM
(11-30-2018, 10:04 AM)divmenow Wrote: SLB still in free fall mode. Can't believe this stock is at $44 now. No position yet but thinking of buying at these levels. Yield now at 4.16%. Any of you guys own it, or thinking of buying?
I would if I wasn't in oil deep enough already. I like the oil majors better but SLB is the best oil services company. For now the market has lost faith oil supply can be kept under control for an extended period of time. It's a fact the world has too much production capability whenever the price rises much above where we are now.