SLB has been in the news 469% more than usual
Jan 24, 2025, 7:30 AM
-0.69%
What does SLB do
Schlumberger NV, headquartered in Houston, Texas, employs 111,000 and provides energy technology across four segments: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. These segments focus on optimizing reservoir productivity, drilling efficiency, and enhancing production from subsurface reservoirs.
SLB has been in the news recently: SLB's stock increased by 14% in 2023, reaching nearly $44, with a projected revenue of $36.3 billion in 2024, supported by strong international sales and digital growth. Additionally, SLB launched a modular carbon capture plant in Hengelo, Netherlands, designed to capture 100,000 metric tons of CO2 annually.
📡️ Energy
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