The energy sector has been buzzing with optimism lately, as oil stocks have surged by approximately 21% over recent months amid stabilizing crude prices, geopolitical tensions, and renewed demand forecasts. This rally, driven by factors […]
The recent capture of Nicolás Maduro has sparked renewed optimism in the global energy sector, particularly for oilfield services (OFS) companies eyeing Venezuela’s vast untapped reserves. With the potential lifting of U.S. sanctions and a […]
Daily Standup Top Stories Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil’s Surplus Is Here—But What’s the Real Story? October 19, 2025 Clark Savage In the volatile world of energy markets, headlines from […]
SLB (NYSE: SLB), the global leader in oilfield services, reported third-quarter 2025 earnings that surpassed analyst expectations, driven by resilient international performance, growth in its Digital segment, and contributions from the recently acquired ChampionX business. […]
Shell Houston-based oilfield service giant SLB has been awarded a series of drilling contracts by Shell to support energy development across its deep- and ultra-deepwater assets. The scope of the contracts will include digital directional […]
Another merger, another Deal Spotlight! On today’s episode, we talk all things OFS and the merger of SLB + ChampionX that happened earlier this year. To break all this down, we needed to find an […]
Shares of Schlumberger Limited (SLB) are dipping slightly on Friday as the oil drilling operator posted its first-quarter earnings, beating Wall Street revenue expectations for the quarter but disappointing on its failure to truly capitalize on […]
Daily Standup Top Stories Mexico Curbs Oil Exports April 2, 2024 Mariel Alumit Mexico’s state-controlled oil company plans to halt some crude exports over the next few months, a move that would cut supply from a […]
Oilfield services giant SLB on Tuesday announced plans to acquire chemistry solutions and drilling technology provider ChampionX (CHX). SLB stock retreated early Tuesday while CHX stock, an S&P Midcap 400 component, jumped. SLB (SLB), formerly Schlumberger, plans to […]
April 2 (Reuters) – Top oilfield services company SLB (SLB.N), said on Tuesday it will buy smaller rival ChampionX (CHX.O), in an all-stock deal valued at $7.75 billion, amid growing consolidation in the North American energy sector. Oilfield […]
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