Schlumberger Limited (SLB) has been the focus of investors' attention, marked by fluctuating performance as per financial expert Jim Cramer's remarks. The company's stock, averaging a price target of $49.28 from brokerages, has seen a rise as well as a fall. Various firms and services, including UBS, Sfmg LLC, Commonwealth Equity Services, Heritage Trust Co, iA Global Asset Management, and Cary Street Partners Financial, have increased their positions. However, organizations such as Oversea Chinese Banking Corp and Vanguard Group have decreased their holdings. SLB has completed the acquisition of ChampionX and launched its Well Logging Derisking Platform. Other key aspects include SLB's disappointing Q2 results, despite being marked as a top energy company with high upside potential. Several hedge funds are also showing interest in the firm. The company's share prices encountered a slide amid falling oil prices and trade tensions. Yet, it has been recommended as an undervalued energy stock for investment by hedge funds, and the outlook remains bullish overall.
Schlumberger Limited SLB News Analytics from Wed, 06 Nov 2024 08:00:00 GMT to Sat, 09 Aug 2025 08:56:25 GMT -
Rating 2
- Innovation 1
- Information 6
- Rumor 6
