Jim Cramer Says ‘It's Been A Pretty Bad Year For Schlumberger Limited (SLB)' [Yahoo! Finance]
Schlumberger N.V. (SLB)
Last schlumberger n.v. earnings: 4/17 06:50 am
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Source: Yahoo! Finance
Jim Cramer, host of Mad Money, emphasized the ongoing significance of fossil fuels in supporting technological advancements, even as investments in renewable energy continue to increase. He stated: “This is not just a grudge match between the old and the new, a battle of electric vehicles versus internal combustion. The truth is, fossil fuels are essential for a lot more than vehicles, like it or not.” READ ALSO Jim Cramer is Talking About These 12 Stocks and Jim Cramer's Latest Stock Picks Cramer highlighted the growing energy demands of major tech companies, noting that the data centers they are constructing consume vast amounts of electricity. While these tech giants are making substantial investments in nuclear energy, he pointed out that this power source is unlikely to significantly impact data centers for at least another decade due to the complexities of building nuclear facilities and community resistance to having them nearby. “If we need more energy, we're going to
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SLB
News
- SLB OneSubsea awarded subsea boosting contract for bp’s Kaskida project in Gulf of MexicoBusiness Wire
- Global Carbon Dioxide Removal (CDR) Market Valuation Expected to Reach $2.11 Billion by 2032GlobeNewswire
- Maintenance Services Market Analysis Report 2024: Repair Service, Preventive Maintenance Service, and Discretionary Maintenance Service Insights and Forecasts 2020-2024 & 2025-2030 [Yahoo! Finance]Yahoo! Finance
- Schlumberger Limited (NYSE: SLB) had its price target lowered by analysts at Citigroup Inc. from $60.00 to $54.00. They now have a "buy" rating on the stock.MarketBeat
- Schlumberger Limited (NYSE: SLB) had its price target lowered by analysts at Evercore ISI from $74.00 to $62.00. They now have an "outperform" rating on the stock.MarketBeat
SLB
Earnings
- 10/18/24 - Beat
SLB
Sec Filings
- 10/24/24 - Form 4
- 10/24/24 - Form 144
- 10/23/24 - Form IRANNOTICE
- SLB's page on the SEC website