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Do New SLB (SLB) Digital Wins Clarify Its Long‑Term Competitive Edge in Energy Services?
Simply Wall St.1d agobullish
Do New SLB (SLB) Digital Wins Clarify Its Long‑Term Competitive Edge in Energy Services?

Equinor recently awarded SLB a contract to expand real-time leak detection, virtual flow metering and digital production monitoring across the Johan Sverdrup Phase 3 development in the North Sea, while Invictus Energy selected SLB for drilling and well services at the Musuma-1 exploration well in Zimbabwe. Together, these awards highlight growing adoption of SLB’s digital and high-end drilling technologies across both mature offshore hubs and frontier onshore basins. We’ll now examine how...

SLB (SLB) Could Be 16% Undervalued After Brazil Seismic Survey Launch
Simply Wall St.2d agoneutral
SLB (SLB) Could Be 16% Undervalued After Brazil Seismic Survey Launch

Shearwater GeoServices has launched the Amapá 3D multi-client seismic survey offshore northern Brazil in partnership with SLB (NYSE:SLB), putting fresh attention on the stock as investors assess what this project could mean. SLB shares trade at US$51.76 and the stock has had a 1-day share price return of 1.25% but is down 3.92% over the past month. A 90-day share price return of 8.31% and year to date gain of 28.76% sit alongside a 1-year total shareholder return of 56.32%, suggesting recent...

SLB (SLB) Started A Major 3D Seismic Survey Off Brazil
Simply Wall St.2d agoneutral
SLB (SLB) Started A Major 3D Seismic Survey Off Brazil

SLB (NYSE:SLB) and Shearwater GeoServices launched a large 3D seismic survey off Brazil's Equatorial Margin to support hydrocarbon exploration. The project focuses on acquiring advanced geophysical data in an underexplored offshore zone that has attracted growing industry interest. Shearwater is supplying high-capacity seismic vessels, while SLB contributes subsurface imaging and processing to refine future exploration and licensing decisions. The new 3D seismic campaign off Brazil's...

Inflation Concerns Weigh on Stocks
Barchart16d agoneutral
Inflation Concerns Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) is down -0.32% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.04%. E-mini S&P futures (ESU26 ) are down -0.33%, and September E-mini Nasdaq futures (NQU26...

SLB Bets $4.1 Billion on the AI Data Center Boom
Insider Monkey17d agoneutral
SLB Bets $4.1 Billion on the AI Data Center Boom

SLB NV (NYSE:SLB) announced on August 31 that it will acquire Kelvion from Apollo Global and funds advised by Triton for around $3.4 billion in cash and the assumption of approximately $0.7 billion of debt. Kelvion specializes in thermal management and heat exchange technologies, with a strategic focus on serving data centers. The deal comes […]

How Could SLB (SLB) Change After Its Upstream Software Deal?
Simply Wall St.20d agoneutral
How Could SLB (SLB) Change After Its Upstream Software Deal?

SLB (NYSE:SLB) has acquired S&P Global's upstream energy software portfolio, with the transaction now completed and paired with a new alliance between the companies. The deal expands SLB's digital offering by combining its software tools with access to S&P Global Energy data inside SLB's ecosystem. The alliance is intended to broaden SLB's proposition to energy customers that use data rich software to plan and manage upstream assets. This move adds a new partnership dimension for SLB beyond...