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.

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.

SLB has officially completed the acquisition of ChampionX, which was announced in April last year. The announcement follows the receipt of the final regulatory approval from UK authorities on ...

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 ...

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 ...

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.