Schlumberger Limited (SLB) is making numerous strategic moves reported several stock market activities and revised ratings from financial firms. SLB announced its acquisition of
RESMAN Energy Technology and completed the purchase of
ChampionX, which is expected to bring millions in early benefits. The company secured a major contract from
Petrobras for technology and completion services while acquiring approval from shareholders for a name change from
Schlumberger N.V. to SLB N.V.. Several management firms have adjusted their holdings in SLB, with some increasing while others decreasing their positions. The stock has attracted attention from hedge funds considering its value as an affordable investment. Analysts at firms such as
Stifel,
RBC Capital, and
UBS have reiterated their 'Buy' ratings, although with revised price targets. Notably, the company's Q3 earnings are around the corner and investors await potential impacts on its market value.
Schlumberger Limited SLB News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Fri, 17 Oct 2025 22:13:00 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor 0
