Schlumberger is one of the leading Oilfield Services (OFS) companies in the World and the largest OFS company in the Energy Sector of the S&P 500. They utilize their technology to pursue opportunities in four main market segments, including: Digital & Integration, Reservoir Performance, Well Construction and Production Systems. Schlumberger serves customers in over 85 countries including: national oil companies, large integrated oil companies, and independent operators. Schlumberger is a very attractive investment opportunity due several factors, including: value stocks’ ability to outperform in periods of high inflation and rising interest rates, a positive outlook on oil prices, and increased economic growth in developing nations where Schlumberger is most active. On December 6, 2021, SMIF voted to buy 1,350 shares of SLB at a price of $30 and funded this by selling out of XLC and 70 shares of SPY.