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An analysis of SLB's stock indicates mixed historical returns while the company projects strong cash flow for 2025, creating a complex valuation scenario for investors.
Schlumberger (SLB) stock rose 1.03%, outperforming the S&P 500 as the tech sector, led by declines in chipmakers like Broadcom, faced a sell-off. This divergence highlights a potential market rotation from growth-oriented technology stocks to value-oriented industrial sectors.
ExxonMobil is implementing a layered technology strategy in the Permian Basin to fundamentally alter shale extraction economics. The initiative aims to double resource recovery, improve capital efficiency, and increase operational output from existing assets.
SLB and Shell have launched a strategic collaboration to co-develop AI solutions for upstream energy operations, aiming to enhance efficiency and automation. This deepens their existing technology relationship, signaling a long-term strategic alignment.