Schlumberger Limited (SLB) is seeing notable movements with shareholder changes, new contracts, stock performance and a highly-anticipated earnings conference call. The company recently completed the acquisition of RESMAN Energy Technology and ChampionX. In other proceedings, shareholders have approved a name change from Schlumberger N.V. to SLB N.V. Notably, the Brazilian multinational corporation Petrobras awarded SLB a contract to supply technology and completion services. On the investment front, several brokerage houses, such as Stifel, Bank of America, and J.P. Morgan, have reiterated their 'Buy' ratings on SLB shares, citing strong performance and valuation. However, Jim Cramer, a prominent market analyst, opined that SLB, despite being a great company, is performing terribly. Amid the market movements, various institutional investors and funds have increased, decreased, or sold their stakes in SLB. The third-quarter earnings call scheduled for October 17, 2025, is being keenly watched by investors. The collaboration with AIQ to deploy an AI solution across ADNOC’s subsurface operations further showcases the company’s innovative approach.
Schlumberger Limited SLB News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 11 Oct 2025 11:17:27 GMT -
Rating 6
- Innovation 4
- Information 5
- Rumor -4
