Schlumberger NV Receives Positive News
Schlumberger NV, an oilfield services company, has received positive news from Melius Research. The research firm initiated coverage of the company with a buy rating, indicating a favorable outlook.
Recent Contract Awards
Schlumberger has secured a significant contract with Equinor for its OneSubsea joint venture. This contract further solidifies the company’s position in the industry.
Innovation and Technology Partnership
Schlumberger has partnered with AIQ to deploy an AI solution across ADNOC’s subsurface operations. This partnership showcases the company’s commitment to innovation and technology.
Stock Performance
The company’s stock price has been relatively stable, with a recent close price of around $35.65. The stock has reached a 52-week high of $46.16.
Summary
Schlumberger’s recent developments suggest a positive trajectory for the company. The company’s efforts to secure new contracts and innovate through technology partnerships are contributing to its growth and stability.