SLB and the Paradox of the 3.75% Yield
SLB N.V. (SLB) reported a Q3 beat on resilient North American demand, yet a -1.25% FCF spread to Treasuries and a 0.58 P/C ratio signal a crowded trade.
SLB N.V.
SLB N.V. (SLB) reported a Q3 beat on resilient North American demand, yet a -1.25% FCF spread to Treasuries and a 0.58 P/C ratio signal a crowded trade.