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SLB secured multi-year Saudi Aramco contracts to provide end-to-end well construction services supporting oil and gas development across Saudi Arabia.
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Seven sectors are higher and four are lower in Friday’s regular session, with growth sectors holding the top three positions. The leaders are separated rather than clustered, with no single gap clearly standing apart from the other breaks across the table.
Rothschild & Co Redburn has revised its price target for SLB, lowering it from $68 to $64.
Four sectors are higher and seven are lower in Thursday’s regular session, with defensive sectors holding two of the top three positions. The leaders are separated rather than clustered, with no single gap clearly standing apart from the other breaks across the table.
SLB's President of Digital, Rakesh Jaggi, participated in a panel at ADIPEC 2026 to discuss the strategic implementation of AI and digital infrastructure within the energy sector.
An insider at SLB N.V. sold shares valued at $1,322,500, as disclosed in a recent SEC filing.
With the Fed likely to raise interest rates in late 2026 and early 2027 despite recent restraint, investors should consider defensive positioning. The article recommends ETFs focused on materials, quality stocks, and rising rate environments, while cautioning against traditional inflation hedges like energy and REITs that are already fully valued.