schlumberger maintains leadership in oil and gas exploration and production

Schlumberger Limited, a global leader in oil and gas exploration, production, and engineering services, has received a buy recommendation from UBS.

The company's net sales are driven by well development and construction (39.9%), followed by the sale of oil production equipment and systems (27.6%). Reservoir performance optimization solutions and services contribute 19.5%, while technology and geophysical solutions make up the remaining 13%.

Geographically, Schlumberger's sales are diversified, with North America accounting for 21.3% of net sales, the Middle East and Asia at 32.2%, Europe/CIS/Africa at 25.6%, and Latin America at 20.2%. A small fraction, 0.7%, falls under the "Other" category, highlighting the company's global reach and strategic positioning in key markets.

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