Schlumberger Limited (SLB) has been making waves in the energy sector, primarily due to its active participation in mergers and acquisitions, and strategic partnerships. Their most recent deal is the concluded acquisition of
RESMAN Energy Technology and
ChampionX, effectively expanding their reach and capabilities. The firm is actively transitioning towards digital technology and data center systems, while maintaining its vice grip hold on the oil sector. This is evident with the launch of
Tela, an agentic AI assistant, and their collaborative project with
AIQ to deploy an AI solution for
ADNOC's subsurface operations. The company has experienced some downward shifts in its stock prices due to various market headwinds and earnings disappointments. However, several investment firms like
Kiker Wealth Management,
Aberdeen Group, and
Lyell Wealth Management continue to have stakes in SLB. Interestingly, multiple analysts including those from
UBS,
Bank of America, and
Stifel Nicolaus have maintained their 'buy' rating on SLB. The company's strong Q3 performance, despite a declining North American market, are solid indicators of resilience.
Schlumberger Limited SLB News Analytics from Tue, 14 Jan 2025 08:00:00 GMT to Thu, 06 Nov 2025 12:36:13 GMT -
Rating 3
- Innovation 2
- Information 8
- Rumor -6
