Schlumberger Limited (SLB) has been undergoing a series of complex trading activities in recent times. Large institutions such as Price T Rowe Associates Inc. MD and Carmignac Gestion have been observed to
reduce their stake in SLB. On the other hand, entities like Cambiar Investors LLC and JT Stratford LLC
acquired large numbers of SLB shares. The company's trend as a popular
investment choice seems to be highlighted further by sizable investments from DLD Asset Management LP and Dimensional Fund Advisors LP. Following its
Q2 results, SLB shares dropped but investments remained positive, at noted by the stakes raised by Freestone Capital Holdings and several other entities. Jim Cramer, a recognized figure in the investment world, gave a bleak yet intriguing observation that SLB is a 'great company doing terribly'. Interestingly, there were recent talks surrounding the firm's pivot towards
digital oriented solutions in oil recovery. Other important happenings include the completion of the
Acquisition of ChampionX and new Buzios Contracts with
Petrobras. Most of these actions establish a lot of interest in SLB shares by numerous investors. However, J.P. Morgan and UBS still maintain a Buy rating on SLB.
Schlumberger Limited SLB News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 23 Aug 2025 11:46:02 GMT -
Rating 0
- Innovation 5
- Information -1
- Rumor -8
