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Schlumberger Limited SLB - News Analyzed: 5,393 - Last Week: 100 - Last Month: 400

⇑ Schlumberger Limited's Investment Prospects and Market Moves

Schlumberger Limited's Investment Prospects and Market Moves
Schlumberger Limited (SLB) has seen notable changes in the valuation of its shares by numerous investors. Notably, the stakes of Loudon Investment Management, Lee Danner & Bass Inc., and Envestnet Portfolio Solutions have increased. Cibc World Markets Corp and Boston Partners also raised their holdings, while Primecap Management Co. CA and Swiss National Bank reduced their shareholdings. SLB has received significant attention from investors, being viewed as a strong contender for investment before spring. SLB's active approach towards Energy and Carbon Management is notably making waves. The company's financial performance has received praise from several analysts, who predict potential upside for the Oil and Gas stock. Additionally, SLB announced a debt exchange offer and topped its forecast with a $2.3 billion buyback, and their acquisition of ChampionX is underway. However, Jim Cramer expressed that SLB's past year has been challenging and its stock not performing to expectations. Nevertheless, it's considered to be one of the most promising energy stocks.

Schlumberger Limited SLB News Analytics from Sat, 24 Aug 2024 07:00:00 GMT to Sat, 22 Mar 2025 10:56:00 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor -5

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