This Warren Buffett Stock Just Got a Vote of Confidence From a Key Rival. Is It a Buy?

At first blush it reads like a press release posted when there's little else for a public relations department to talk about that day.There's more to SLB's (SLB 0.75%) plans to acquire 80% of Aker Carbon Capture, however, than there seems to be on the surface. While the $400 million earmarked for the deal will only put a small dent in the oil and gas services giant's current cash hoard of $7.8 billion, the decision itself quietly speaks volumes about where the energy business is ultimately headed. It just s ...