ChampionX Corp (NASDAQ: CHX) is in focus today after Schlumberger NV (NYSE: SLB) said it will buy the oilfield technology company for $7.75 billion.$SLB deal values ChampionX stock at 14% premium Copy link to section The all-stock deal values each share of ChampionX at $40.59 – a more than 14% premium on their previous close. $SLB is convinced the acquisition will deliver about $400 million in annual pre-tax savings in the first three years. Olivier Le Peuch – its chief executive said in a press release on ...

In the latest trading session, Schlumberger (SLB) closed at $55.22, marking a +0.75% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.2%. Meanwhile, the Dow experienced a drop of 0.6%, and the technology-dominated Nasdaq saw an increase of 0.11%.The world's largest oilfield services company's stock has climbed by 11.06% in the past month, exceeding the Oils-Energy sector's gain of 7.33% and the S&P 500's gain of 3.32%.Analysts and investors alike will be kee ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Schlumberger (SLB) .Schlumberger currently has an average brokerage recomm ...

Stock Performance - Schlumberger (SLB) closed at $54 48, marking a +1 97% increase from the prior day, outperforming the S&P 500's gain of 0 57%, the Dow's gain of 0 83%, and the Nasdaq's gain of 0 39% [1] - Over the past month, Schlumberger's shares gained 10 01%, outpacing the Oils-Energy sector's gain of 4 48% and the S&P 500's gain of 2 97% [1] Earnings and Revenue Projections - Schlumberger is projected to report earnings of $0 75 per share in its upcoming release, representing a year-over-year growth of 19 05% [1] - The Zacks Consensus Estimate for revenue is $8 67 billion, up 12 06% from the year-ago period [1] - For the entire fiscal year, earnings are projected at $3 54 per share, with revenue of $37 29 billion, representing year-over-year growth of +18 79% and +12 54%, respectively [2] Analyst Estimates and Stock Price Performance - Recent changes to analyst estimates for Schlumberger reflect short-term business dynamics, with upbeat changes indicating a favorable outlook on the company's business health and profitability [2] - Estimate alterations are directly linked to stock price performance in the near future, and investors can use the Zacks Rank to capitalize on these changes [2] Valuation Metrics - Schlumberger has a Forward P/E ratio of 15 09, which is a discount compared to the industry average of 16 13 [3] - The company's PEG ratio is 0 96, slightly higher than the industry average of 0 94, indicating a favorable earnings growth trajectory [3] Industry Overview - The Oil and Gas - Field Services industry, part of the Oils-Energy sector, currently has a Zacks Industry Rank of 157, placing it in the bottom 38% of over 250 industries [4] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]

Schlumberger (SLB) ended the recent trading session at $53.43, demonstrating a +1.06% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.63%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.82%.Shares of the world's largest oilfield services company have appreciated by 8.85% over the course of the past month, outperforming the Oils-Energy sector's gain of 4.4% and the S&P 500's gain of 1. ...

Schlumberger (SLB) closed at $51.57 in the latest trading session, marking a +0.08% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.12%. On the other hand, the Dow registered a gain of 0.61%, and the technology-centric Nasdaq increased by 1.54%.Shares of the world's largest oilfield services company witnessed a gain of 7.04% over the previous month, beating the performance of the Oils-Energy sector with its gain of 4.79% and the S&P 500's gain of 2.06%.Analysts and ...

Schlumberger (SLB) closed the latest trading day at $49.42, indicating a +0.14% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.12%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.41%.Coming into today, shares of the world's largest oilfield services company had gained 0.71% in the past month. In that same time, the Oils-Energy sector gained 3.04%, while the S&P 500 gained 4.83%.Market participants will be clos ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Schlumberger (SLB) .Schlumberger currently has an average brokerage recommendation (ABR) of 1.1 ...

SimonSkafar/E+ via Getty Images Schlumberger (NYSE:SLB) is in a strong global position for the next oil megatrend as more operators turn to offshore and deepwater production and seek out well optimization onshore. I believe that with the combined strength of SLB’s digital platform and subsea services, the firm is well-positioned for strong cash flow accretion, resulting in stronger shareholder returns through future dividend increases and share buybacks. I provide SLB shares a BUY recommendation with a ...

Schlumberger (SLB) ended the recent trading session at $48.56, demonstrating a -0.53% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.38%. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, lost 0.13%.The world's largest oilfield services company's shares have seen a decrease of 7.75% over the last month, not keeping up with the Oils-Energy sector's gain of 5.11% and the S&P 500's gain of 4.74%.The investment community will be closely monitoring ...