SLB N.V. has been downgraded from a buy to a hold rating because its current stock price already reflects much of the anticipated upside. Despite challenges in the Middle East, SLB's Q2 2026 results beat expectations, driven by strong growth in its Data Center Solutions and Digital divisions. The recent acquisition of Kelvion aims to boost Data Center Solutions revenue to $4.5–$5 billion by 2028, though integration risks remain. Shares trade at nearly 23 times 2026 earnings with a compressed yield of 2.06%, reducing the margin of safety for investors.
S&P Global has completed the sale of its geoscience and petroleum engineering software portfolio to Schlumberger, while continuing to supply proprietary energy data through these tools. This move allows S&P Global Energy to concentrate on delivering ...
The VanEck Oil Services ETF (OIH) is in a strong bullish trend, trading around $423 per share and making higher highs since its 2020 low. The ETF is rated a Buy with a next resistance target at $597.30, supported by strong earnings from major holding...
SLB continues to be a strong growth stock by expanding beyond traditional oilfield services into digital, subsea, and data center markets. Recent acquisitions have diversified its revenue, reducing dependence on new-well drilling and increasing recur...
