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Zacks.com users have recently been watching SLB (SLB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the latest trading session, SLB (SLB) closed at $45.9, marking a +1.66% move from the previous day.
- Duchenne: Dosed 33 participants in the Phase 1/2 INSPIRE DUCHENNE clinical trial as of January 9, 2026; SGT-003 continues to be generally well tolerated using a steroid-only prophylactic immunomodulation regimen -
SLB's stock (NYSE: SLB), the largest oilfield services firm in the world, has returned to the attention of investors—not due to soaring oil prices, but rather because geopolitics are altering global upstream expectations. Even with relatively stable crude prices, the stock has risen approximately 16% over the past year, indicating that investors are paying more attention to global activity levels, margin sustainability, and geopolitical flexibility.
HB Wealth Management LLC increased its position in SLB Limited (NYSE: SLB) by 60.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,410 shares of the oil and gas company's stock after buying an additional 12,571 shares during the period. HB Wealth Management
New York State Teachers Retirement System boosted its stake in SLB Limited (NYSE: SLB) by 15.3% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,241,542 shares of the oil and gas company's stock after buying an additional 165,182 shares
Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of SLB Limited (NYSE: SLB) by 13.8% during the undefined quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 210,056 shares of the oil and gas company's stock after purchasing an additional 25,417 shares during
Hardman Johnston Global Advisors LLC lowered its stake in SLB Limited (NYSE: SLB) by 38.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 56,023 shares of the oil and gas company's stock after selling 35,265 shares during the period. Hardman Johnston Global Advisors
The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.
Kevin Simpson, founder and chief investment officer at Capital Wealth Planning , joins CNBC's "Halftime Report" to detail his latest portfolio moves.
CNBC's “Halftime Report” Investment Committee discuss their top stocks to watch for the second half of the day's trading session.
Interior Secretary Doug Burgum says US oil companies are very interested in revitalizing Venezuela's oil sector. But he says the Trump administration is unlikely to subsidize their efforts.
The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.
CNBC's Kate Rooney joins 'Closing Bell' on how retail traders are investing at the start of 2026.
Top oil companies will meet with President Donald Trump on Friday to discuss rebuilding Venezuela's oil industry.
The largest oil companies are likely to move slower in terms of making investments in Venezuela, with wildcatters or independent oil companies likely to move much more quickly, U.S. Treasury Secretary Scott Bessent said on Thursday.
Chevron is the only one of the three major U.S. oil companies that operates in Venezuela. ConocoPhillips and ExxonMobil exited Venezuela in 2007 after Hugo Chávez nationalized the industry.
SLB N.V. is upgraded to Buy with a $50.74/share price target, reflecting optimism around Venezuelan oil redevelopment and digital expansion. Reengagement in Venezuela could drive multi-year growth for SLB's oilfield services, though major operational impact may not materialize until late in the decade. SLB's digital initiatives, including the Tela AI assistant and AI development partnership with Shell, are positioned to generate durable, recurring revenue streams.
Tom Friedman, The New York Times opinion columnist, joins 'Squawk Box' to discuss the situation in Venezuela following the capture of president Nicolas Maduro, practicality of America's Venezuela oil plan, future of Venezuela, and more.