Schlumberger Limited (SLB) continues to draw significant investor attention. A considerable number of wealth management firms have recently adjusted their shareholding, with many increasing their stake in the energy behemoth. Some prominent entities, like BigSur Wealth Management, Harbor Capital Advisors, and Salem Investment Counselors, have each bought shares of SLB. The firm is attracting significant interest as one of the top energy stocks to purchase, with high upside potential emphasized. Despite barriers to outperformance, the company's bright financial prospects make it a notable investment. Such bullish activities surrounding SLB indicate continuing confidence from investors. However, a few holdings like Elevation Point Wealth Partners and Reliant Investment Management have reduced their SLB shares. SLB's position as a trending stock, coupled with a surge in bullish option activity, signifies its robust position in the market. The company is also making strides in the geothermal and natural gas sectors, making it an in-demand choice among hedge funds. Besides, SLB is reportedly preparing for the acquisition of ChampionX, further strengthening its business activities.
Schlumberger Limited SLB News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 14 Jun 2025 10:42:08 GMT -
Rating 8
- Innovation -2
- Information 8
- Rumor 2
