Schulmberger Limited, an oil firm with specialty in providing technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, has been making notable strides lately. The company accomplishes a new
milestone in direct lithium extraction and is set for large-scale sustainable
lithium production, lending credence to Morgan Stanley's projection that it will thrive on a $30 trillion opportunity. It is regarded as a potential golden egg for
retirement stock portfolios, considering its untapped potentials. It has observed a remarkable increase in
holdings by firms like Inspire Advisors LLC, while trending as a top pick in the
oilfield services stocks. It has recently experienced some bearish pattern with some entities such as Bokf Na and AGF Management Ltd
trimming their holdings. Despite the dip, it remains a stock of interest for long-term growth. More so, the company's
Q2 earnings and revenues surpassed market estimates. A SWOT analysis reveals it as a high-quality discounted stock. However, amidst the acquisition of ChampionX, it awaits a prolonged anti-trust review.
Schlumberger Limited SLB News Analytics from Mon, 08 Jan 2024 08:00:00 GMT to Sat, 14 Sep 2024 20:00:44 GMT -
Rating 0
- Innovation 4
- Information 7
- Rumor -5
