Schlumberger Limited (SLB) has been in focus lately with several major events taking place. For one, the firm has been initiated with a 'Buy' rating by organizations such as
Rothschild & Co Redburn,
Sanders Morris Harris,
Melius Research,
UBS, and
RBC Capital. This is largely due to the company's affordable stock value and its promise of high upside potential, especially in the energy sector. Additionally, SLB has made strategic moves like
acquiring RESMAN Energy Technology and
ChampionX, and it has partnered with Shell to
develop agentic AI and an open data platform. There have been changes within the company such as a
name change from Schlumberger N.V. to SLB N.V. Its shift towards digital and enhanced oil recovery has also caught everyone's attention. Lastly, SLB continues to be an attractive investment for hedge funds and there has been an increase in shares bought by organizations like the
California Public Employees Retirement System and
Kingsview Wealth Management LLC. Despite experiencing a plunge in stock price following Q2 results and facing some critics, the overall sentiment remains optimistic.
Schlumberger Limited SLB News Analytics from Fri, 21 Feb 2025 08:00:00 GMT to Thu, 11 Dec 2025 13:44:04 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor 4
