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Schlumberger Completes Acquisition of ChampionX Corporation

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Schlumberger Completes Acquisition of ChampionX Corporation

Elevate Your Investing Strategy:

An announcement from Schlumberger ( (SLB) ) is now available.

On July 16, 2025, Schlumberger Limited completed the acquisition of ChampionX Corporation in an all-stock transaction. This strategic merger positions SLB to enhance its market presence by integrating ChampionX’s capabilities, potentially leading to improved operational efficiencies and expanded service offerings for stakeholders.

The most recent analyst rating on (SLB) stock is a Buy with a $69.00 price target. To see the full list of analyst forecasts on Schlumberger stock, see the SLB Stock Forecast page.

Spark’s Take on SLB Stock

According to Spark, TipRanks’ AI Analyst, SLB is a Outperform.

Schlumberger’s strong financial performance and robust cash flow generation are key strengths. The approval of the ChampionX merger further enhances its strategic position. However, technical indicators and earnings call analysis reveal some challenges, particularly in geographic and segment-specific revenue declines. The valuation is attractive, providing a reasonable risk-reward profile.

To see Spark’s full report on SLB stock, click here.

More about Schlumberger

Schlumberger Limited (SLB) is a leading company in the oilfield services industry, providing technology, project management, and information solutions to optimize performance in the oil and gas sector.

Average Trading Volume: 14,588,314

Technical Sentiment Signal: Sell

Current Market Cap: $49.27B

See more data about SLB stock on TipRanks’ Stock Analysis page.

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