Current Schlumberger stock price hovers near $50.02, reflecting investor optimism toward Q2 earnings forecasts citing double-digit revenue growth in offshore drilling support. The economy and stock market have made it through past shutdowns without much wear, and many economists and professional investors feel relatively OK about another one. The S&P 500 has climbed an average of 4.4% during past shutdowns and is positive over the last five, according to Monica Guerra, head of U.S. policy at Morgan Stanley Wealth Management. I agree to TipRanks Terms of use and Privacy Policy Schlumberger stock price hit $50.21, up 0.72%, aligning with strong North American drilling activity. Analysts project EPS growth linked to high equipment utilization rates.
