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Morningstar

Morningstar

Sep 01, 2026

SLB N.V.: SLB: Kelvion Acquisition Looks Like a Winner; Data Center Growth Comes at a Reasonable Price

Symbols

SLB

Sector(s)

Energy

Rating

Current Price

57.51

Fair Value

Economic Moat

Stewardship

Summary

SLB is the world’s premier oilfield-services company as measured by market share. While the industry is largely fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies in which it operates. Also known as Schlumberger, the company

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