SLB Forecast


Bullish Case: SLB's strong international expansion, especially in emerging markets, combined with advancements in technology like electric subsea systems, positions it for significant growth. The recent partnerships in renewable energy also present a positive outlook for future profitability.


Bearish Case: Ongoing insider trading concerns and significant market volatility could undermine investor confidence. The cash flow issues from unpaid dues in regions like Libya may negatively impact short-term performance, diluting overall growth prospects.


Potential Outcomes:

1) Continued strong international growth (65%);

2) Insider trading impacting stock negatively (25%);

3) Possible acquisition or significant contract win boosting prices (10%).


Trading Oracle: Consider initiating bullish debit spreads using SLB August 30, 2024, 52.00/54.00 call spreads due to recent volatility declines suggesting a stable upward move. High implied volatility for options could lead to decent returns if SLB capitalizes on its growing international presence.


July 25, 2024


Schlumberger Forecast

SLB      Schlumberger











Correlated Assets

Assets that tend to move strongly with SLB



LI Forecast + Options Trading Strategies   LI  Li Auto (0.71)


VFC Forecast + Options Trading Strategies   VFC  VF (0.63)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.03)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.74)



Uncorrelated Assets

Assets with little price relationship to SLB



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.03)


VFC Forecast + Options Trading Strategies   VFC  VF (0.63)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.71)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.74)



Anticorrelated Assets

Assets that tend to move strongly against SLB



LI Forecast + Options Trading Strategies   LI  Li Auto (0.71)


VFC Forecast + Options Trading Strategies   VFC  VF (0.63)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.03)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.74)





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