This segment also provides cloud-based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services.
Investors receive a 1.57% dividend. The Goldman Sachs target price of $43 also is likely to move higher soon. Halliburton stock has a consensus target of $44.77. Shares closed 3% higher on Wednesday at $42.03.
Schlumberger
This is another mega-cap service company that is a leader around the world. Schlumberger Ltd. (NYSE: SLB) engages in the provision of technology for the energy industry worldwide.
The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure and flow-rate measurement services; and pressure pumping, well stimulation and coiled tubing equipment solutions.
In addition, Schlumberger offers mud logging, directional drilling, measurement-while-drilling and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services.
Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators and surface trees; and OneSubsea an integrated solutions, products, systems and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors and services.
Schlumberger comes with a 1.67% dividend. Goldman Sachs has set its target price at $65, while the consensus target is $62.84. Wednesday’s $60.80 close was up almost 3% on the day.
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