Filed under: Middle East, Schlumberger Limited (SLB), Commodities, Oil, Eastern Europe, Stocks to Buy

In the 1989 motion picture “Dead Poets Society,” actor Robin Williams, playing school teacher John Keating, inspires his new students to take advantage of opportunities presented in life, to “seize the day.” Well, if Robin Williams will allow, now is the time to “seize the day with Schlumberger.” (Pronounced: shlum-bur-ZJAY.)

Oilfield services company Schlumberger Ltd. (NYSE: SLB) is likely to benefit from growing demand for oilfield services technology, particularly in the high technology-dependent Middle East, Africa, and Eastern Europe regions.

Further, although North American margins have narrowed somewhat so far in 2007, international margins widened. Overall, in 2008 analysts see SLB’s margins totaling 30% — still a very healthy figure — with revenue growth of 12-14%.

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This entry was posted on Wednesday, November 14th, 2007 at 8:16 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.