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Once the deal is complete, ChampionX shareholders will own about 9% of the combined company. SLB shares closed on Monday at $55.22 and ChampionX at $35.40.
Schlumberger Limited (NYSE:SLB) is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the global energy industry. The company’s ...
We recently published These 10 Stocks Fell Hard. Are You Holding Any? Schlumberger Limited (NYSE:SLB) is one of this week’s top performers. Schlumberger saw its share prices decrease by 10.69 ...
Top oilfield services company SLB said on Tuesday it will buy smaller rival ChampionX in an all-stock deal valued at $7.75 billion, amid growing consolidation in the North American energy sector.
Trefis estimates SLB’s Q2 2023 revenues to be around $7.4 billion, in line with the consensus estimate. In Q1, SLB’s adjusted EBITDA jumped 43% year-over-year (y-o-y) to $1.8 billion, and ...
Oilfield services giant Schlumberger (SLB) is climbing 7% today after the company reported better-than-expected fourth-quarter results this morning. A Look at SLB’s Q4 Results and Comments SLB ...
This is down from $2.6 billion in 2024. SLB shares gained 1.2% to trade at $33.73 on Monday. These analysts made changes to their price targets on SLB following earnings announcement.
Top oilfield firm SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies increased demand for its services and equipment.
SLB's Digital and New Energy businesses are positioning the company for long-term growth, despite near-term cyclical headwinds. In particular, digital, carbon capture, and lithium extraction ...
SLB stock has seen extremely strong gains of 175% from levels of $20 in early January 2021 to around current levels, vs. an increase of about 25% for the S&P 500 over this roughly 3-year period.
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