Is SLB (SLB) A Bargain After Its New Contract Wins?

SLB has had a mixed share price run, with the stock still up 82.1% over five years even after recent weakness, which naturally raises the question of whether today’s valuation is supported by the cash it can generate over time. With a Discounted Cash Flow (DCF) estimate available, the key focus now is how that cash flow profile stacks up against the current US$49.87 share price. Over the past five years, SLB has delivered a 82.1% total return, so a lot of long term value is already being...