|Bid||0.00 x 0|
|Ask||405.50 x 0|
|Day's Range||448.20 - 448.20|
|52 Week Range||448.20 - 448.20|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Given the recent sanctions imposed by the U.S., Schlumberger's (SLB) recent decision to acquire a stake in Eurasia Drilling seems to have hit choppy waters.
Schlumberger is seeking approval to acquire a 51% stake in Russia's Eurasia Drilling Co.
The acquisition of a 51 percent stake in Russia's Eurasia Drilling Co (EDC) by U.S. oilfield services giant Schlumberger "has big problems" in the current political situation, the head of Russia's competition watchdog said on Wednesday. Schlumberger applied to the watchdog for approval to buy the stake in late July in a deal which is widely seen as testing the state of relations between Russia and the United States. "I think this deal (with Schlumberger) will have big problems," Igor Artemyev, head of Russia's Federal Antimonopoly Service (FAS), told reporters.