Schlumberger Limited (SLB) has been the centre of focus, receiving
Buy ratings from Rothschild & Co Redburn, Melius Research, JP Morgan, UBS, RBC Capital, and Stifel, stemming from strong industry performance. The company continues to innovate, deploying an
AI solution with AIQ across ADNOC’s subsurface operations and offering a cutting-edge, real-time
fiber-optic interpretation and analysis for oil and gas, CCS, and geothermal wells. It has made strategic
acquisitions, including RESMAN Energy Technology and ChampionX, which appears to yield strong revenue in the third quarter. SLB also bagged a key contract to supply technology and completion services to Petrobras, highlighting their market relevance and competitive edge. Despite facing multiple headwinds, including falling oil prices and trade tensions, SLB has made a significant shift to digital, with UBS citing the company's digital division as a catalyst. Amidst all this, there were mixed reactions to SLB's Q2 results. Some insiders sold shares, and the stock price retracted, but stalwarts like Jim Cramer see this as a buying opportunity in a solid international company with an intact long-term outlook.
Schlumberger Limited SLB News Analytics from Wed, 18 Dec 2024 08:00:00 GMT to Thu, 13 Nov 2025 12:41:05 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -2
