SLB
Moving with its group (XLE -1.3%)
- SLB −1.37% on the last session vs SPY −0.09%: −1.3 pts of stock-specific move.
- The energy ETF (XLE) -1.3% (-1.2 pts vs SPY): the stock moved with its group.
- Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
Bargain & stretch prices
Prices SLB only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
49.46 +2.0% reached 3 in 10 days |
50.65 +4.4% reached 3 in 10 weeks |
| Now | 47.85 · prior close 48.51 | |
| Bargain buy side |
47.58 -1.9% reached 3 in 10 days reached today |
46.46 -4.2% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 47.28 | 2 in 10 days | 49.77 | 2 in 10 days |
| Balanced | 47.58 | 3 in 10 days | 49.46 | 3 in 10 days |
| Eager | 47.86 | 4 in 10 days | 49.17 | 5 in 10 days |
| Next 5 sessions | ||||
| Patient | 45.81 | 2 in 10 weeks | 51.37 | 2 in 10 weeks |
| Balanced | 46.46 | 3 in 10 weeks | 50.65 | 3 in 10 weeks |
| Eager | 47.07 | 4 in 10 weeks | 49.99 | 5 in 10 weeks |
"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From SLB's daily swings (about 2.0% a day lately), anchored on the Oct 14 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.
Situations on the Oct 14 close
Big drop and big gain: among SLB's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.
Price ladder
| All-time closing high Jun 30, 2014 |
84.50 +76.6% |
| Highest analyst target | 75.00 +56.7% |
| Mean analyst target | 62.45 +30.5% |
| 52-week closing high Aug 31, 2026 |
59.79 +25.0% |
| 50-day average | 52.58 +9.9% |
| Stretch, next 5 sessions | 50.65 +5.9% |
| 200-day average | 50.58 +5.7% |
| Previous close Oct 14, 2026 |
48.51 +1.4% |
| Now | 47.85 |
| Bargain, next 5 sessions | 46.46 -2.9% |
| Lowest analyst target | 43.00 -10.1% |
| 52-week closing low Oct 14, 2025 |
31.79 -33.6% |
Closing prices (all-time = the 45 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.