SLB's Russian assets valued at $600 mln in 2024, unchanged from 2023
1. SLB's net assets in Russia remain at $600 million, with declining revenue.
FAQ
Why Neutral?
Maintaining asset value indicates stability, but revenue decline raises concerns. Similar situations have previously led to stock stagnation.
How important is it?
The slight decline in revenue from Russia impacts overall performance, but asset stability mitigates drastic effects.
Why Short Term?
Immediate revenue impacts may influence quarterly assessments. However, long-term stability may reset investor confidence.