Valued at a market cap of $83.6 billion, SLB N.V. (SLB) provides technology and services for the global energy industry. The Houston, Texas-based company specializes in the entire life cycle of energy operations, offering advanced solutions for subsurface exploration, well construction, and production optimization.
This energy services provider has outpaced the broader market over the past 52 weeks. Shares of SLB have soared 63.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 29.1%. Moreover, on a YTD basis, the stock is up 45%, compared to SPX’s 4.3% rise.
