Schlumberger Limited (SLB) recently announced a
quarterly dividend of $0.29 per share, gaining it attention from a spectrum of investor groups. Multiple investment firms have either grown, reduced, or established new positions in the company. Versatility in the stock performance forecasts, some claiming SLB to be the
most undervalued energy stock, with highest upside potential, to others suggesting existence of better choices in the oil and gas sector. Various hedge funds have pointed SLB as one of the top picks in the energy sector; particularly recognized for its strength in geothermal and water markets. Despite a slight revenue dip, the company offered strong commitment to cash returns. Its ongoing
ChampionX acquisition gained regulatory progress in Norway. Future outlook reveals strong expectations of beating earnings estimates and becoming one of the most profitable oil stocks. This comes with note of widespread anticipation for the company’s
Q1 2025 earnings report, wherein investors and analysts look forward to a positive forecast.
Schlumberger Limited SLB News Analytics from Tue, 01 Oct 2024 07:00:00 GMT to Sat, 03 May 2025 19:39:07 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -2
