Bullish Case: Schlumberger's recent acquisition of ChampionX and a $400 million investment in carbon capture indicate a strategic push into new energy sectors, offering potential for significant revenue growth as global energy demands evolve.


Bearish Case: Recent insider selling, coupled with flat short-term price action and high volatility, raises concerns about underlying weaknesses. Market conditions and geopolitical risks in key regions such as the Middle East could pressure performance.


Potential Outcomes:

1. SLB stock rises due to successful integration of acquisitions and energy sector recovery (60%).

2. SLB stock falls due to market volatility and sell-offs by insiders (30%).

3. SLB remains flat due to mixed market signals (10%).


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April 25, 2024


Schlumberger Forecast

SLB        Schlumberger
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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