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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 ...
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 ...
SLB’s demonstration plant in Clayton Valley proves our unique integrated approach to produce scalable quantities of lithium in the fastest, most economical and sustainable way for today’s market.
We forecast SLB’s Revenues to be $38.1 billion for the fiscal year 2024, up 5% y-o-y. Looking at the bottom line, we now forecast EPS to reach $3.56. Given the changes to our revenues and ...
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 ...