The recent news regarding Schlumberger Limited (NYSE:SLB) comprises of extensive investment activity. Various asset management firms have been adjusting their stakes, with many acquiring significant additional shares - notable instances include Resona Asset Management Co. Ltd., Invesco Ltd., Inspire Trust Co. N.A. and Mitsubishi UFJ Asset Management UK Ltd. Yet, few have also downsized their holdings, and the selling off of the company's shares by large investment firms such as Prudential PLC and Deutsche Bank AG is noteworthy.
Financial expert Jim Cramer has commented on the company's current struggles, despite noting its overall greatness. Additionally, the company fell short in its Q2 results and the market had responded negatively, yet, the company has been still rated as a 'Buy' by multiple brokers and it has outperformed the broader market.
SLB completed its acquisition of ChampionX and analyst predictions highlighted its potential as one of the top energy companies. The company's Digital Division is being considered a potential catalyst for future growth. Despite the volatility, Schlumberger remains a significant point of interest for investors.
Schlumberger Limited SLB News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 16 Aug 2025 23:44:36 GMT - Rating 6 - Innovation 4 - Information 8 - Rumor 2
