SLB NV
XMUN:SCL
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
N
|
Nabors Industries Ltd
F:NBI1
|
BM |
|
C
|
China Yuchai International Ltd
SWB:CYD
|
SG |
|
E
|
Exor NV
SWB:EYX
|
NL |
|
S
|
SLB NV
XMUN:SCL
|
US |
|
C
|
China Yuchai International Ltd
F:CYD
|
SG |
|
SLB NV
NYSE:SLB
|
US |
|
T
|
Thermo Fisher Scientific Inc
F:TN8
|
US |
|
S
|
SLB NV
DUS:SCL
|
US |
|
Clicks Group Ltd
F:N1C
|
ZA |
|
Mitsui O.S.K. Lines Ltd
OTC:MSLOF
|
JP |
|
S
|
SLB NV
XHAM:SCL
|
US |
|
L
|
Laramide Resources Ltd
F:L4R
|
CA |
|
E
|
Exor NV
DUS:EYX
|
NL |
|
E
|
Exor NV
XMUN:EYX
|
NL |
|
T
|
Thermo Fisher Scientific Inc
BMV:TMO
|
US |
|
S
|
SLB NV
F:SCL
|
US |
Economic Moat
SLB has a narrow economic moat
Protected technology makes SLB’s specialized tools difficult to copy, while software embedded in customers’ daily work makes replacing it costly and disruptive. These protections are strongest in demanding technical jobs and established software installations, rather than across every service SLB sells.
What protects SLB from competitors
Intangible Assets
SLB’s patents and trade secrets prevent rivals from freely copying important parts of its specialized equipment and software. Its Ora reservoir-testing tools, for example, use patented fluid-handling technology to collect underground fluid samples under difficult conditions, giving customers a reason to choose more than the cheapest provider.
High Switching Costs
Customers use Petrel and Delfi to connect underground reservoir models, shared data and engineering work, supported by SLB’s software training. This creates a practical barrier to switching: moving to another provider means retraining staff, transferring models and checking that established work still produces reliable results.
What could weaken SLB's moat
2 risks to watch
One for each source of the moat: what could happen and how it would weaken it
