Is Schlumberger Limited (SLB) Among the Best Undervalued Energy Stocks to Buy According to Hedge Funds?

Insider Monkey12-19

We recently published a list of 10 Best Undervalued Energy Stocks To Buy According to Hedge Funds. In this article, we are going to look at where Schlumberger Limited (NYSE:SLB) stands against other ...

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In this article, we are going to look at where Schlumberger Limited (NYSE:SLB) stands against other ...</p>\n\n<a href=\"https://finance.yahoo.com/news/schlumberger-limited-slb-among-best-215012442.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0002270589.USD","symbol_name":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/schlumberger-limited-slb-among-best-215012442.html","article_id":"2492504241","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/oIQ8go16A6tsrBqmUNg7fw--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/15289a6192f665e187af7bd19db0f9cd"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492504241","pubTimestamp":1734558612,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of 10 Best Undervalued Energy Stocks To Buy According to Hedge Funds. 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The Trump administration aims to further strengthen the position of the US in global oil and gas markets, challenging OPEC and other major producers.The US has achieved significant milestones in energy production in recent years and the Trump administration plans to further strengthen it in the global oil and gas markets.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0122376428.USD":"贝莱德世界能源基金A2","LU2449327464.USD":"HSBC GIF GLOBAL INFRASTRUCTURE EQUITY \"AC\" (USD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4588":"碎股","BK4144":"石油与天然气的储存和运输","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","SLB":"斯伦贝谢","LNG":"Cheniere Energy Inc","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0788109394.HKD":"BGF WORLD ENERGY \"A2\" (HKDHGD) ACC","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4503":"景林资产持仓","IE00B29SXL02.USD":"FIRST SENTIER GLOBAL LISTED INFRASTRUCTURE \"I\" (USD) INC","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0368265418.SGD":"Blackrock World Energy Fund A2 SGD-H","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BK4023":"应用软件","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","BK4179":"石油天然气设备与服务","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0256331488.USD":"SCHRODER ISF GLOBAL ENERGY \"A\" ACC","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","BK4585":"ETF&股票定投概念","LU1548497426.USD":"安联环球人工智能AT Acc","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","CHX":"Championx Corporation","IE00B29SXK94.USD":"FIRST SENTIER GLOBAL LISTED INFRASTRUCTURE \"I\" (USD) ACC","LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","API":"声网","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD"},"translate_title":"根据对冲基金的说法，斯伦贝谢有限公司（SLB）是最值得买入的被低估的能源股之一吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SLB":1,"API":1,"CHX":1,"LNG":1},"content_text":"We recently published a list of 10 Best Undervalued Energy Stocks To Buy According to Hedge Funds. In this article, we are going to look at where Schlumberger Limited (NYSE:SLB) stands against other best undervalued energy stocks to buy according to hedge funds.\nDespite the stated goal of energy dominance, the US has already achieved significant milestones in energy production. For six consecutive years, the US has led the world in oil production and was one of the largest exporters of natural gas in 2023. The Trump administration aims to further strengthen the position of the US in global oil and gas markets, challenging OPEC and other major producers.\nTo achieve this growth, the American Petroleum Institute (API), the association of oil and natural gas industry trade, has urged Trump to implement a five-point plan that includes authorizing additional liquefied natural gas (LNG) exports, expanding drilling on federal lands, easing pipeline permitting, repealing stringent vehicle emissions and fuel economy standards, and preserving current corporate tax rates. According to CNBC, Trump has indicated plans to sign executive orders related to energy policy upon taking office on January 20. He is also establishing a National Energy Council, which aims to reduce regulatory barriers and advance US energy dominance.\nREAD ALSO: 12 Stocks Most Held by Hedge Funds and 11 Best Freight Stocks To Buy Now.\nUS Oil Producers and the Challenge of Lower Oil Prices\nIn an interview with CNBC on December 5, Helima Croft, Managing Director and Global Head of Commodity Strategy at RBC Capital Markets, discussed that while President Trump and his administration have been vocal about their desire for lower oil prices, this poses significant challenges for the US oil producers because they are already operating in a highly competitive environment. The equilibrium price that balances the interests of businesses and consumers is a critical question, as producers do not want to drill themselves out of business. Croft explained that there is a collective production cut agreement between OPEC countries running through the end of 2025. In addition to the collective production cut, there is a voluntary cut by eight producers that has been phased slowly. The current expectation was that these producers would maintain this stance due to sanctions and a less optimistic demand outlook.\nCroft acknowledged that geopolitical tensions particularly in the Middle East play a role in influencing market sentiment. However, she emphasized that the biggest issue right now is from the demand side, due to the impact of possible tariffs on China. Weak Chinese demand has been a problem for the oil market this year, and the potential implications of tariffs will be closely watched as they could further affect demand.\nThe US has achieved significant milestones in energy production in recent years and the Trump administration plans to further strengthen it in the global oil and gas markets.\n\nOur Methodology\nTo compile our list of the 10 best undervalued energy stocks to buy according to hedge funds, we used Finviz and Yahoo stock screeners to find the 25 largest energy companies trading below a forward P/E ratio of 15, as of December 16. We then used Insider Monkey’s Hedge Fund database to rank 10 stocks according to the largest number of hedge fund holders, as of Q3 2024. The list is sorted in ascending order of hedge fund sentiment.\nWhy do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\nSchlumberger Limited (NYSE:SLB)\nNumber of Hedge Fund Investors: 65\nForward P/E Ratio as of December 16: 11.21\nSchlumberger Limited (NYSE:SLB) is a global leader in oilfield services, providing technology and solutions for reservoir characterization, drilling, and production. The company’s clients include major oil and gas producers worldwide. Schlumberger Limited (NYSE:SLB) generates revenue by offering cutting-edge technologies and integrated solutions that enhance exploration and production efficiency. The company is also expanding into the energy transition space, focusing on geothermal, carbon capture, and digital transformation.\nSchlumberger Limited (NYSE:SLB) is at the forefront of digital innovation, leveraging its digital platform to offer advanced solutions. The company’s Digital & Integration segment is a key differentiator in the industry. Schlumberger Limited (NYSE:SLB) partners with independent software developers to provide data analytics for operational analysis and over 150 engineered AI solutions, including the DELFI and LUMI platforms. These digital solutions are designed to catalyze future growth by optimizing operations and enhancing efficiency. The total addressable market for these digital solutions is expanding rapidly, which further highlights the immense potential of these solutions.\nSchlumberger Limited (NYSE:SLB) has been strategic with its acquisitions, aiming to optimize various phases of the oil and gas operations cycle. The pending acquisition of ChampionX (CHX) is on track to be finalized by Q1 2025. This deal brings geographic synergies by integrating ChampionX’s production-focused expertise in North America with Schlumberger Limited’s (NYSE:SLB) extensive global footprint. Additionally, the acquisition enhances Schlumberger Limited’s (NYSE:SLB) capabilities in production optimization and extends the lifespan of equipment, driving higher margins through lower maintenance expenses and quicker service delivery.\nOverall, SLB ranks 4th on our list of best undervalued energy stocks to buy according to hedge funds. While we acknowledge the potential of SLB to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SLB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492504241"}