SLB Signs Strategic Collaboration Agreement with Shell

Group 1 - SLB N.V. (NYSE:SLB) experienced a share price increase of 2.57% from December 5 to December 12, 2025, ranking among the top gaining energy stocks for that week [1] - On December 11, SLB announced a strategic collaboration agreement with Shell plc (NYSE:SHEL) to develop AI-driven digital solutions aimed at enhancing performance and upstream efficiency, utilizing SLB's Lumi data and AI platform [2] - Analysts from UBS raised SLB's stock price target from $44 to $50 on December 12, maintaining a 'Buy' rating, citing a positive outlook for the energy sector driven by improving oil and natural gas forecasts, M&A value creation, cost efficiencies, and attractive valuations [3] Group 2 - Additional analysts from Citi, TD Cowen, and Bernstein also increased their price targets for SLB on December 11, contributing to a bullish sentiment around the stock [4]