Schlumberger Limited (SLB) has been receiving mixed attention in the market. While the stock has been termed as the
Best House in a Bad Neighborhood by Jim Cramer, various institutions seem to be significantly reducing their positions. Institutions like
Tobam, Hodges Capital Management, Retirement Systems of Alabama, Stratos Investment Management have been reported to have sold large amounts of Schlumberger's shares. However, it is also attracting attention from certain investors, with several increasing their stake including
Sargent Investment Group, Busey Bank, U.S. Capital Wealth Advisors, and DMC Group. The company is being recognized as pivotal in energy and carbon management and innovating energy with AI. It is predicted to have a more positive forecast and being viewed as high potential with upside potential among oil stocks by some analysts. Notably, Schlumberger also signed an agreement with
Vår Energi for upcoming subsea developments in Norway. However, there has been insider selling and cautious trading action reported. Opinions about the future performance seem to vary, with some being bullish and others bearish on Schlumberger.
Schlumberger Limited SLB News Analytics from Sat, 24 Aug 2024 07:00:00 GMT to Sat, 08 Feb 2025 21:45:51 GMT -
Rating 0
- Innovation -5
- Information 5
- Rumor 0
