Schoeller-Bleckmann Oilfield Equipment traded at 33.00 this Friday February 6th, decreasing 0.20 or 0.60 percent since the previous trading session. Looking back, over the last four weeks, Schoeller-Bleckmann Oilfield Equipment lost 6.97 percent. Over the last 12 months, its price fell by 3.23 percent. Looking ahead, we forecast Schoeller-Bleckmann Oilfield Equipment to be priced at 30.73 by the end of this quarter and at 27.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
Schoeller Bleckmann Oilfield Equipment AG is an Austria-based company engaged in the industrial manufacturing of components and parts for the oil and gas industry. The Company’s activities are structured into two divisions: the High-precision components division, which covers applications in the Measurement While Drilling/Logging While Drilling (MWD/LWD) technology sector, collars and internals made of alloyed steel and other non-magnetic metals are required, and the Oilfield supplies and services division, which comprises a range of products, including Non-Magnetic Drill Collars (NMDC), steel bars, which are used to prevent magnetic interference during MWD Operations; Drilling motors, which drive the bit for directional drilling operations; Circulation tools steer the flow direction of drilling muds in the drill string, and various other tools for the oilfield. The Company's manufacturing facilities are located in the United States, Austria and the United Kingdom, among others.