Schlumberger Limited (SLB), a global oil services company, has experienced a variety of investment activity in recent times. Significant investment moves have been made by financial institutions, such as
Stifel Nicolaus,
Bank of America, and
Impact Partnership Wealth LLC, who all maintain a 'Buy' rating, despite lowered price targets. Similarly, several wealth management and investment firms have boosted their holdings in SLB or made new investments, including
Prevail Innovative Wealth Advisors,
South Dakota Investment Council, and
Wealthfront Advisers. In a notable event, the
acquisition of ChampionX Corporation has been completed, strengthening SLB's portfolio. Despite a decrease in Q2 profit, SLB's digital strength helped to beat revenue estimates.
J.P. Morgan and
RBC Capital reiterated their 'Buy' ratings on SLB. The bio-tech firm is aligning its operations with a focus on digital transformation and efficiency, particularly post the ChampionX deal.
Schlumberger Limited SLB News Analytics from Fri, 14 Feb 2025 08:00:00 GMT to Sat, 19 Jul 2025 14:59:46 GMT -
Rating 4
- Innovation 8
- Information 7
- Rumor 2
