Kempner Capital Management Inc. has sold 52,948 shares of Schlumberger Limited (SLB), a company that has recently completed its acquisition of ChampionX. The company is also welcoming the initiation of a buy rating by Redburn, backed up by similar ratings by other firms such as Bank of America, J.P. Morgan and UBS. Recognizing the credence of Schlumberger's technological prowess, Petrobras awarded them with a contract for technology and completion services. SLB and AIQ also partner to deploy Agentic AI in ADONC's subsurface operations. Despite recent setbacks leading to a drop in its stock value, investors remained confident about its turnaround potential, judging by the undervalued nature of its shares. Furthermore, SLB has completed its Q2 earnings report which revealed dividends increase and the official completion of the ChampionX acquisition, emphasizing the company's steady financial performance. Wall Street maintains a bullish outlook on SLB, with analysts recommending a 'Buy'. SLB also announced its Q3 2025 results conference call, indicating proactivity in long-term planning. Despite enduring price slides in a rising market, it remains continuously favored by investors.
Schlumberger Limited SLB News Analytics from Fri, 21 Feb 2025 08:00:00 GMT to Sat, 27 Dec 2025 13:22:49 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor -3
