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Schlumberger Limited SLB - News Analyzed: 8,193 - Last Week: 100 - Last Month: 400

↑ Schlumberger Limited (SLB): An Investor Magnet Amid Strategic Acquisitions and Digital Shift

Schlumberger Limited (SLB): An Investor Magnet Amid Strategic Acquisitions and Digital Shift
Schlumberger Limited has shown notable movement in the stock market, attracting both purchases and sales from various shareholders. Several asset management companies have adjusted their positions, with some, such as Edmond DE Rothschild Holding S.A. and Ariel Investments LLC, significantly boosting their holdings, while others like Quarry LP and Alliancebernstein L.P. have reduced their stakes. Notably, Melius Research has given Schlumberger a 'Buy' rating, setting a positive outlook for the company. Moreover, the Canada Pension Plan Investment Board has acquired a considerable number of Schlumberger share. Schlumberger has also completed the acquisition of ChampionX and is shifting focus to digital and enhanced oil recovery. The company's Q2 results led to a slight drop in stock value, but the firm is still perceived as a good investment by brokers, as affirmed by Wall Street analysts. Investors are showing increased interest in the company, demonstrated by the actions of ICONIQ Capital LLC and Nuveen LLC.

Schlumberger Limited SLB News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 06 Sep 2025 21:06:08 GMT - Rating 7 - Innovation 4 - Information 9 - Rumor 1

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