The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics relating to their 10-Bagger portfolio.
Schlumberger reported strong second-quarter results, and the stock looks attractive. Along with Baker Hughes, the oil-field services leader saw strong demand and revenue increased 16%. There’s been plenty of worry about fracking, which has had an impact on the industry, including Halliburton and C&J Energy Services. So Schlumberger's results may give the industry a lift. The company continues to invest in seismic technologies for its WesternGeco business, which competes with companies like Dawson Geophysical.
John and David are interested in Schlumberger for their 10-Bagger portfolio. It’s a great technology company and trades at a good price. They intend to take a closer look at the entire industry. There appear to be lots of opportunities.
There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.