The news summary surrounding Schlumberger Limited (SLB) commences with its significant investment from Shelton Wealth Management and others on the edge decreasing their stake. The company seems optimistic, featuring mixed expectations for its Q4 2024 earnings. Jim Cramer voices belief in the company's potential positive forecast, while others consistently choose SLB stocks over competitors. The oil company considers venturing into AI as power demands soar, and SLB shares increased by 7.4% after its Q4 earnings and revenues topped estimates, pushing dividends up to $0.29/share. The company's interest in the Russian market aligns with US sanctions despite falling revenues, and it's considered a good Energy Stock by the Hedge Funds. Among American energy stocks, SLB is seen with the highest upside potential. Occasional downgrades do occur, but it's considered 'best of breed' by Jim Cramer, particularly as oil prices rise. Investors heavily focus on SLB, and analysts portray a bullish outlook on the stock. It's noted to have strong growth prospects, innovation potential in AI, good retirement portfolio addition, and a huge upside as an undervalued Energy Stock, despite the market slip.
Schlumberger Limited SLB News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Sat, 18 Jan 2025 14:58:30 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 2
