Schlumberger: Digital Transformation Of The Energy Sector Could Provide Catalysts

(15min) Summary Schlumberger is a top-ranked "Magic Formula" stock, combining high earnings yield and return on invested capital for strong performance. The Magic Formula, by Joel Greenblatt, identifies stocks that are both "cheap" and high-quality based on earnings yield and ROIC. Schlumberger, like Baker Hughes, is benefiting from expanding margins in the oil and gas equipment sector. If the US has a new administration in 2025 that encourages more drilling, the equipment sub-sector of energy could be a benefactor. curraheeshutter Another Magic Formula high scorer Continuing on with my series of the oil and gas equipment sub-sector of energy, Schlumberger (NYSE: SLB ) is yet another highly ranked "Magic Formula" stock. The Magic Formula is Joel Greenblatt’s screening method that adds

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