Schlumberger Limited (SLB) has seen a series of ups and downs recently. The company has received Buy ratings from multiple financial firms, including
Rothschild & Co Redburn,
Melius Research, and
Bank of America despite ongoing headwinds. The company's decision to acquire
RESMAN Energy Technology and
ChampionX has put it back in the investor spotlight. However, factors like falling oil prices and trade tensions resulted in negative market reactions.
SLB has secured significant contracts as well, such as one from Petrobras to supply technology and completion services, further enhancing its investor appeal. Moreover,
SLB managed to beat Q2 estimates and raised its dividend. The firm also made strides in sustainability, indicating a long-term vision for company growth. However, there have been reports of the stock underperforming when compared to competitors. Despite this, Wall Street remains bullish on the stock, with several firms keeping a Buy Rating. The company's commitment to low-carbon progress and declaration of cash dividend signal potential value for prospective investors.
Schlumberger Limited SLB News Analytics from Fri, 14 Feb 2025 08:00:00 GMT to Tue, 16 Dec 2025 08:00:00 GMT -
Rating 2
- Innovation 3
- Information 6
- Rumor -1
