Schlumberger Ltd is a leading global provider of technology and services to the oil and gas industry, specializing in various aspects of exploration, drilling, production, and reservoir management. The company offers a comprehensive range of solutions, including advanced data analytics, digital technologies, and integrated project management, which help energy companies optimize their operations and enhance efficiency. Schlumberger's innovative tools and services are designed to address the complex challenges of resource extraction and contribute to more sustainable practices within the energy sector. With a presence in numerous countries, the company plays a critical role in supporting the energy industry's transition toward more advanced and environmentally responsible extraction methods. Read More
SLB (NYSE: SLB) announced today that it has closed its previously announced acquisition of ChampionX Corporation. Under the terms of the agreement, ChampionX shareholders received 0.735 shares of SLB common stock in exchange for each ChampionX share. With the closing of the transaction, former ChampionX shareholders now own approximately 9% of SLB’s outstanding shares of common stock.
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
SCHLUMBERGER LTD (NYSE:SLB) offers growth at a reasonable price, with strong earnings, solid profitability, and an attractive valuation—key traits for long-term investors.
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is a “really good” company and “won't quit.”
Rob Sechan recommends buying Alphabet Inc on CNBC's Halftime Report Final Trades, citing its strong performance and low price. Ericsson and Alphabet teamed up for new software platform. NB Private Wealth's CIO picks iShares U.S. Energy ETF. Schlumberger, UnitedHealth also mentioned.
