Schlumberger Limited (SLB) has been under keen investor watch due to its recent actions and market trends. Despite
market conditions, the company has been innovatively advancing its asset-light strategy alongside global land rig portfolio realignment and engaging in real-time fiber-optic interpretation and analysis for oil and gas, CCS, and geothermal wells. Furthermore, Rothschild & Co Redburn has initiated SLB with a
buy rating, and it successfully completed the acquisition of ChampionX. However, they faced multiple headwinds including falling oil prices and trade tensions causing the stock price slide. Despite the downtrend, the company is suggested to have long-term outlook intact, part due to its
recent strategic acquisitions of ChampionX and
ambitious collaborations with AIQ and ADNOC on AI technology implementation. The
company's resilience and sustained focus on lowering carbon footprint underscored in the 2024 Sustainability Report keep investors interested. Banks such as J.P. Morgan, UBS, and RBC Capital maintain a buy rating, presenting SLB as a solid investment. Finally, despite a disappointing Q2, market analysts speculate a possible turnaround soon, with several rating SLB as a good investment.
Schlumberger Limited SLB News Analytics from Fri, 21 Feb 2025 08:00:00 GMT to Sat, 10 Jan 2026 09:07:16 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor -4
