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0.000158177791837994 0.000316355583675989 0.00126542233470418 0.00126542233470418 0.000316355583675989 0.00379626700411254 0.00379626700411254 0.00379626700411254
Stock impact report

Schlumberger To Benefit From Acquisition And International Operations [Seeking Alpha]

ChampionX Corporation (CHX) 
Company Research Source: Seeking Alpha
Still, the company is experiencing consolidation in its customer base due to the extraordinary M&A activity among large oil companies. Because SLB's stock is near its 12-month low, it may appeal to energy value-seekers. However, its dividend is modest at 2.4% and so SLB stock is not recommended for dividend investors. The lower stock price of international oilfield services giant SLB ( NYSE: SLB ) (formerly Schlumberger) presents an entry point for growth-oriented energy investors. SLB has just announced the acquisition of specialty oilfield services company ChampionX. The acquisition is expected to close later in Recommended For You Recommended For You Show less Read more
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