SLB's shares jumped 11% following a mixed but sequentially strong Q2 report showing 3% revenue growth, 7% adjusted EBITDA increase, and margin expansion despite Middle East challenges. The company projects robust Q4 revenue exceeding $10 billion and a recovery in Middle East revenue to $2.1–$2.2 billion, supporting a Buy rating with an expected 30% upside plus dividends based on 2027 earnings. This optimism suggests the market has not fully priced in SLB's recovery potential yet.
The U.S. energy sector has seen strong gains in 2026 due to geopolitical supply concerns, rising oil prices, and increased energy demand from AI infrastructure. Broad energy ETFs like XLE and VDE have returned over 30%, while targeted funds focusing ...
The global gas separation membranes market is expected to grow from $1.5 billion in 2025 to $2.5 billion by 2031, at a 9.1% CAGR, fueled by rising demand for green hydrogen production and carbon capture technologies. Asia-Pacific leads with 43.5% mar...
