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SLB predicts that new energy should be a $10 billion-a-year business by 2040, up from just from a tiny fraction of that amount now. At the same time, CEO Olivier Le Peuch, a Frenchman who took the ...
This rapid expansion might underscore the potential impact of Schlumberger and NVIDIA’s partnership in leveraging AI solutions for the energy sector. Price Action: SLB shares are trading higher ...
Schlumberger. Schlumberger NV (French: [ʃlumbɛʁʒe, ʃlœ̃b-]), doing business as SLB, also known as Schlumberger Limited, [2] is a global technology company. As of 2022, it is both the world's largest oilfield services company and the world's leader in digital solutions for subsurface and surface engineering.
Let's see what those numbers can tell us about how expensive or cheap Schlumberger (NYS: SLB) might be. The current price multiples First, we'll look at most investors' favorite metric: the P/E ratio.
This list is partially sourced from the S&P Global Commodity Insights Top 250 Global Energy Company Rankings for 2022. The S&P Global list is restricted to publicly traded companies, and only integrated oil and gas, oil and gas exploration and production, oil and gas refining and marketing, and oil and gas storage and transportation companies ...
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A February 21, 2010 announcement said Schlumberger would acquire the company in an all-stock deal valued at $11.3 billion. The sale price of 45.84 per share was 37.5 percent higher than Smith's closing price on February 18, 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International. [4] [5]
Schlumberger (SLB) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.