Schlumberger Limited (SLB) is currently a hot topic among analysts, garnering high-levels of attention from investors. The energy giant is lauded as one of the best bargain stocks this October and has demonstrated a strong growth potential backed by innovative use of AI in the energy sector. The company has been trending positively with optimistic outlooks from Wall Street. Notable financial institutions like the Czech National Bank, Farmers Trust Co., and Creative Planning have significant holdings in the SLB stock. On the flip side, the company has also experienced some minor setbacks with stock price dips, and insider selling of shares by New Energy president Gavin Rennick. Furthermore, Wall Street estimates for Q4 2024 earnings are expected to be $0.92 per share. Though the stock has seen slight falls in the market, this is purportedly temporary given the company's robust fundamentals. With decisions like delisting from Euronext Paris, forming a joint venture to develop UAE unconventional oil and gas, and the leveraging of an NVIDIA alliance for future growth, SLB has mapped several paths towards growth.
Schlumberger Limited SLB News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sat, 05 Oct 2024 12:49:25 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -3
