The **Texas Permanent School Fund Corp** has decreased its stake in **Schlumberger Limited (SLB)**, while **Rothschild & Co Redburn** has initiated a Buy rating. SLB has implemented real-time fiber-optic interpretation and analysis for the oil and gas industries. The company stands strong against cheap oil prices and has completed the acquisition of **ChampionX**. Reinforced by its agreement to acquire **RESMAN Energy Technology**, SLB reportedly faces multiple headwinds. Furthermore, the stock is gaining interest with Stifel reiterating its 'Buy' rating citing strong performance. SLB also secured a contract from **Petrobras** to supply technology and completion services. However, UBS and Bank of America have lowered their price targets while maintaining a 'Buy' rating. The stock slipped due to falling oil prices and trade tensions but rebounded, attracting hedge funds. Post the Q2 results, SLB launched an **AI solution** in partnership with AIQ and observed progress in oil recovery. Piper Sandler raised SLB's price target, UBS maintained a 'Buy' due to the digital division catalyst. SLB changed its name post the ChampionX acquisition and announced Q3 2025 results. The company continues to strive towards sustainability and celebrates low carbon progress.
Schlumberger Limited SLB News Analytics from Fri, 21 Feb 2025 08:00:00 GMT to Sat, 20 Dec 2025 10:29:04 GMT -
Rating 1
- Innovation 8
- Information 7
- Rumor 0
