Schlumberger Limited
SLB
position
long
Gavin Baker, Atreides Management
Thesis
Schlumberger is included in the portfolio alongside housing exposure due to its potential recovery in the oilfield services sector as demand for capital equipment increases. The company is expected to benefit from the cycle of reordering as the oilfield services industry recovers from years of underinvestment.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. The thesis suggests a recovery in the oilfield services sector, but without evidence of that recovery or any price movement, we cannot determine the outcome.
Raw excerpt
No raw excerpt stored.