Schlumberger Limited (SLB) has seen a surge in investor interest, following their recent successful acquisition of
ChampionX. The company is leveraging its position as a top-rated energy stock, despite facing headwinds including a drop in oil prices and negative market reaction to their Q2 results. Multiple rating agencies have reaffirmed their ‘Buy’ position on SLB and analysts predict strong potential for upside. SLB’s expansion to digital and enhanced oil recovery operations further solidifies their position in the market. Additionally, a shift in business strategy seems to have been followed by strong Q3 revenue predictions. The collaboration with
AIQ to adopt AI in its subsurface operations reflects positively on the company’s innovative approach. Melius Research and others have initiated coverage on SLB with a 'Buy' rating, highlighting its strong performance and promising long-term outlook.
Billionaires and
Hedge Funds are also taking note, marking SLB as an undervalued energy stock with high potential. Nonetheless, Jim Cramer remains sceptical, stating SLB is a 'great company doing terribly'.
Schlumberger Limited SLB News Analytics from Tue, 14 Jan 2025 08:00:00 GMT to Sat, 29 Nov 2025 13:40:32 GMT -
Rating 7
- Innovation 6
- Information 6
- Rumor -2
