December 15, 2025 02:04 PM GMT Energy Services & Equipment | North America 2026 Outlook: Navigating an Oil Surplus Into 2026, we see NAm nearing a bottom, growth in int'l onshore driven by OPEC activity & take a more muted view on offshore as efficiency gains moderate upside. Against a challenging oil backdrop, we generally prefer exposure to more defensive & unique revenue streams. HAL to Top Pick, NOV to EW. Key Takeaways With this report, Joe Laetsch assumes coverage of North America Energy Services & Eq ...

The share price of SLB N.V. (NYSE:SLB) surged by 2.57% between December 5 and December 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. SLB Signs Strategic Collaboration Agreement with Shell On December 11, SLB N.V. (NYSE:SLB) announced that it has signed a strategic collaboration agreement with Shell plc (NYSE:SHEL) to develop AI-driven digital solutions to help boost  performance and upstream efficiency. The two partners aim to deploy an open data and AI infrastructure using ...

中化新网讯近日美国油价网发布消息，数字创新正迅速成为油田服务行业的核心驱动力。挪威独立能源 咨询机构雷斯塔德能源预测，未来5年，包括钻井优化、自主机器人技术、预测性维护、油藏管理及物 流优化等五大关键领域在内的油服行业将进一步推进运营数字化，有望节约成本超3200亿美元。油田服 务行业生态系统将迎来重大变革，核心企业将逐步转向"数字优先"的商业战略。 但数字油田的广泛普及仍面临诸多障碍，如前期硬件和软件投入高、持续的维护成本和网络安全支出。 对于规模较小的企业或使用传统基础设施的企业而言，这些障碍尤为突出。为应对这些挑战，中型企业 正有选择性地强化特定数字能力以完善服务，而小型细分领域企业及专业软件供应商则聚焦于提供模块 化、定制化解决方案。 数字领域投资方面，油田服务企业与科技公司的合作日益增多。这种模式既增强了企业内部数字能力建 设，也与数字领域的并购活动形成互补。尤其是过去两年，斯伦贝谢、哈里伯顿、贝克休斯等行业龙头 企业的合作势头尤为强劲，进一步表明油田服务行业正加速向数字化转型。 雷斯塔德能源指出，3200亿美元仅是保守估算。若能在更多业务领域广泛应用数字化技术，有望创造更 高价值。而要实现这一目标 ...

In the latest trading session, SLB (SLB) closed at $40.34, marking a +1.03% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.21% for the day. At the same time, the Dow added 1.35%, and the tech-heavy Nasdaq lost 0.26%. Coming into today, shares of the world's largest oilfield services company had gained 10.7% in the past month. In that same time, the Business Services sector lost 0.14%, while the S&P 500 gained 0.89%. The investment community will be closely monitorin ...

Core Insights - SLB Limited has been upgraded to "Outperform" by Bernstein, with a new price target of $52.30 from $47.60, reflecting increased confidence in its market performance [1][6] - Ariel Investments LLC has increased its holdings in SLB by 6.5%, now owning over 1 million shares valued at $35.8 million, indicating strong institutional confidence [2][6] - SLB has received a consensus rating of "Moderate Buy" from twenty-one ratings firms, with an average 12-month target price of approximately $51.28 [4][6] Institutional Interest - Brighton Jones LLC increased its stake in SLB by 21.4%, now holding shares valued at $253,000, while Bison Wealth LLC and Zions Bancorporation National Association UT have made new investments valued at $238,000 and $63,000, respectively [3] - Cary Street Partners Financial LLC has increased its investment in SLB by 22.2%, now owning 108,315 shares valued at $3.66 million, with other firms like Twin Peaks Wealth Advisors LLC and Atticus Wealth Management LLC also investing [5] Market Performance - SLB's current market capitalization is approximately $59.66 billion, with a trading volume of 14.1 million shares [5]

SLB said on Thursday that it was partnering with Shell to develop digital and artificial intelligence tools aimed at improving performance and efficiency across upstream operations. ...

Core Viewpoint - OPEC's decision to maintain flat oil production levels in Q1 2026 indicates a shift in its power dynamics, as the cartel is now more influenced by domestic economic needs than by controlling oil prices [1][3]. OPEC's Production Strategy - OPEC's unusual choice to not threaten production cuts amidst a predicted oil glut suggests a waning influence over the market [3][4]. - Historically, OPEC's announcements of production increases have been credible, while cuts are often not realized, reflecting a reliance on oil revenues for member countries [4][5]. Economic Dependency on Oil - Oil revenues are crucial for the GDP of OPEC member countries, with significant percentages of their GDP derived from oil production [5][6]. - The break-even prices for oil production vary significantly among OPEC members, with Libya needing $70 per barrel and Iraq needing $99 per barrel to sustain their economies [6]. Market Dynamics - The U.S. shale revolution has drastically changed the oil market, reducing OPEC's market share from over 40% in 2008 to 35% today, while the U.S. market share has increased from 5% to 17% [7][9]. - The oil sector is being monitored for potential investment opportunities in 2026, as commodity prices are expected to influence equity prices [9]. Investment Opportunities - Schlumberger, a major oil service company, is identified as a potential investment target when oil prices rise, with expectations of a favorable entry point in early 2026 [10][11]. - The timing of investments in energy stocks is critical, and the current market conditions suggest waiting for a better opportunity next year [11].

Group 1 - SLB's stock closed at $38.12, reflecting a 1.52% increase, outperforming the S&P 500's gain of 0.11% on the same day [1] - Over the past month, SLB's shares increased by 2.74%, while the Business Services sector experienced a loss of 1% and the S&P 500 gained 0.08% [1] Group 2 - SLB is set to release its earnings report on January 23, 2026, with projected EPS of $0.74, indicating a 19.57% decline from the same quarter last year [2] - The Zacks Consensus Estimate for SLB's revenue is $9.53 billion, which is a 2.64% increase compared to the previous year [2] Group 3 - For the fiscal year, the Zacks Consensus Estimates predict earnings of $2.89 per share and revenue of $35.78 billion, reflecting declines of 15.25% and 1.4% respectively from the prior year [3] - Recent adjustments to analyst estimates for SLB are important as they indicate short-term business trends, with positive revisions suggesting a favorable business outlook [3] Group 4 - The Zacks Rank system, which evaluates estimate changes, has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5] - Currently, SLB holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate having decreased by 0.07% over the past month [5] Group 5 - SLB is trading at a Forward P/E ratio of 13, which is lower than the industry average Forward P/E of 19.35, indicating a valuation discount [6] - The Technology Services industry, part of the Business Services sector, has a Zacks Industry Rank of 71, placing it in the top 29% of over 250 industries [6]

Investment Recommendation - Stephanie initiated a new buy position in SLB, citing a compelling valuation at 138 times earnings and a 3% yield [1][2] - The analyst prefers owning rather than renting in the energy space, suggesting a long-term investment approach [4] SLB's Competitive Advantages and Growth Drivers - SLB is the number one oil field services company globally, poised to benefit from customer spending, with top 10 customers' capex expected to reach $28 billion this year [2] - SLB is a technology leader in its sector, experiencing margin expansion and strong customer retention, further boosted by a synergistic and accretive deal [3] Broader Energy Sector Dynamics - The energy sector has shown positive performance despite a 16% year-to-date decrease in crude oil prices, driven by natural gas [6] - Natural gas prices have risen from below $2 to $5, fueled by a cold winter and global demand for liquified natural gas from the United States [6] - Major diversified companies like Exxon Mobile, involved in natural gas, refining, chemicals, transportation, and distribution, are well-positioned in the energy sector [7] Investment Strategies in Oil and Gas - Stabilizing oil prices in the $60s could make EMP players attractive, suggesting a dollar-cost averaging strategy [5] - Pipelines and mineral rights with high distribution yields, such as Viper Energy and Energy Transfer, are viable investment options [5]

Now to one more committee move here. Stephanie, you've got a new buy and this one isn't oil and gas. >> Yeah, I up until I bought SLB.I didn't own any any names. I I'm not a huge fan of the energy sector, but I do like SLB a lot. The valuation is very compelling at 13.8% times earnings.You get a 3% yield. Uh the stock is still down 3% on the year, but they're the number one oil field services company in the world and they're going to benefit from their their customer spending and the capex for their top 10 ...