SLB currently expects the transaction to close in the fourth quarter of 2024 or the first quarter of 2025, pending regulatory approvals and other customary closing conditions.
The transaction received the approval of the ChampionX stockholders at a special meeting held on June 18, 2024.
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 4/8/2025 | $44.00 | Equal Weight → Overweight | Wells Fargo | |
| 1/21/2025 | $53.00 → $55.00 | Buy | TD Cowen | |
| 1/15/2025 | $62.00 → $44.00 | Outperform → In-line | Evercore ISI | |
| 12/20/2024 | Buy → Neutral | Griffin Securities | ||
| 12/19/2024 | $47.00 | Neutral | Piper Sandler | |
| 10/21/2024 | $68.00 → $65.00 | Buy | TD Cowen | |
| 7/22/2024 | $62.00 → $64.00 | Buy | TD Cowen | |
| 4/29/2024 | $68.00 → $53.00 | Overweight → Equal Weight | Wells Fargo |
SLB secures comprehensive carbon storage solutions contract for pioneering CCS infrastructure Global energy technology company SLB (NYSE:SLB) has been awarded a technologies and services contract for carbon storage site development in the North Sea by the Northern Endurance Partnership (NEP), an incorporated joint venture between bp, Equinor and TotalEnergies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250722245875/en/SLB will deploy its Sequestri™ carbon storage solutions portfolio — which includes technologies specifically engineered and qualified for the development of carbon storage sites — to construct six carbon stor
Revenue of $8.55 billion increased 1% sequentially and decreased 6% year on year GAAP EPS of $0.74 increased 28% sequentially and decreased 4% year on year EPS, excluding charges and credits, of $0.74 increased 3% sequentially and decreased 13% year on year Net income attributable to SLB of $1.01 billion increased 27% sequentially and decreased 9% year on year Adjusted EBITDA of $2.05 billion increased 2% sequentially and decreased 10% year on year Cash flow from operations was $1.14 billion and free cash flow was $622 million Board approved quarterly cash dividend of $0.285 per share SLB (NYSE:SLB) today announced results for the second-quarter 2025. This press relea
Enhanced portfolio drives innovation in production and reservoir recovery, expands SLB's presence in high-growth vertical, and accelerates digital adoption SLB (NYSE:SLB) announced today that it has closed its previously announced acquisition of ChampionX Corporation. Under the terms of the agreement, ChampionX shareholders received 0.735 shares of SLB common stock in exchange for each ChampionX share. With the closing of the transaction, former ChampionX shareholders now own approximately 9% of SLB's outstanding shares of common stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250715857114/en/The integration of ChampionX
Wells Fargo upgraded SLB from Equal Weight to Overweight and set a new price target of $44.00
TD Cowen reiterated coverage of SLB with a rating of Buy and set a new price target of $55.00 from $53.00 previously
Evercore ISI downgraded SLB from Outperform to In-line and set a new price target of $44.00 from $62.00 previously
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
4 - SCHLUMBERGER LIMITED/NV (0000087347) (Issuer)
POS AM - SCHLUMBERGER LIMITED/NV (0000087347) (Filer)
IRANNOTICE - SCHLUMBERGER LIMITED/NV (0000087347) (Filer)
10-Q - SCHLUMBERGER LIMITED/NV (0000087347) (Filer)
Revenue of $8.55 billion increased 1% sequentially and decreased 6% year on year GAAP EPS of $0.74 increased 28% sequentially and decreased 4% year on year EPS, excluding charges and credits, of $0.74 increased 3% sequentially and decreased 13% year on year Net income attributable to SLB of $1.01 billion increased 27% sequentially and decreased 9% year on year Adjusted EBITDA of $2.05 billion increased 2% sequentially and decreased 10% year on year Cash flow from operations was $1.14 billion and free cash flow was $622 million Board approved quarterly cash dividend of $0.285 per share SLB (NYSE:SLB) today announced results for the second-quarter 2025. This press relea
Enhanced portfolio drives innovation in production and reservoir recovery, expands SLB's presence in high-growth vertical, and accelerates digital adoption SLB (NYSE:SLB) announced today that it has closed its previously announced acquisition of ChampionX Corporation. Under the terms of the agreement, ChampionX shareholders received 0.735 shares of SLB common stock in exchange for each ChampionX share. With the closing of the transaction, former ChampionX shareholders now own approximately 9% of SLB's outstanding shares of common stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250715857114/en/The integration of ChampionX
SLB (NYSE:SLB) will hold a conference call on July 18, 2025 to discuss the results for the second quarter ending June 30, 2025. The conference call is scheduled to begin at 9:30 am U.S. Eastern time and a press release regarding the results will be issued at 7:00 am U.S. Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (833) 470-1428 within North America or +1 (404) 975-4839 outside of North America approximately 10 minutes prior to the start of the call and the access code is 719185. A webcast of the conference call will be broadcast simultaneously at https://events.q4inc.com/attendee/492107617 on a listen-only basis. Listeners
NEW YORK, July 15, 2025 /PRNewswire/ -- AeroVironment Inc. (NASD: AVAV) will replace ChampionX Corp. (NASD: CHX) in the S&P MidCap 400, and Victory Capital Holdings Inc. (NASD: VCTR) will replace AeroVironment in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 18. S&P 500 constituent Schlumberger Ltd. (NYSE:SLB) is acquiring ChampionX in a deal expected to be completed July 16, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector July 18, 2025 S&P MidCap 400 Addition AeroVironment AVAV Industrials J
Flowchem ("Flowchem" or the "Company") and SCF Partners ("SCF") are pleased to announce several personnel additions. Flowchem is a leading global player in the drag reducing agent ("DRA") market, providing custom-engineered specialty chemicals to help customers around the world optimize the performance of their infrastructure. These key appointments bolster the already-strong management team in place at the time of the Company's acquisition in 2024, positioning it for continued growth and industry leadership. Shivali Agarwal has been appointed as Chief Operating Officer ("COO"). Shivali brings decades of industry operating experience in roles across the globe, most recently serving as Gr
Agreement will accelerate the initial scope of 144 unconventional wells for delivery by Q4 2025 with potential for significant number of additional wells in the second phase SLB (NYSE:SLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions. The JV will focus on the acceleration of UAE's unconventional oil and gas program, with an initial 144 wells scheduled for completion by the end of 2025. SLB will provide integrated drilling, stimulation an
SC 13G/A - SCHLUMBERGER LIMITED/NV (0000087347) (Subject)
SC 13G - SCHLUMBERGER LIMITED/NV (0000087347) (Subject)
SC 13G - SCHLUMBERGER LIMITED/NV (0000087347) (Subject)