SLB Ltd

SLB

Market cap $77.3B

Wall Street sees more gains ahead for companies that can help protect against future energy shocks like this one.

Iran has discovered that controlling the Strait of Hormuz “is probably a much more powerful deterrent than being a threshold nuclear power ever was.”

In the most recent trading session, SLB (SLB) closed at $52.54, indicating a +1.27% shift from the previous trading day.

SLB expands its reach with the Suriname subsea alliance and the Angola digital deal, boosting offshore development and operational efficiency.

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) announced that its SLB OneSubsea joint venture was awarded a contract by Beacon Offshore Energy (BOE) Exploration and Production LLC to deliver a high‑pressure, high‑temperature (HPHT) multiphase boosting system for the Shenandoah field in the Gulf of America. The award reflects continued investment in deepwater developments, where advanced subsea systems are being applied to improve recovery. SLB OneSubsea's HPHT multip.

Companies like SLB and Baker Hughes should benefit from postconflict repairs to oil infrastructure and increased output.

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced the signing of a strategic collaboration agreement between PETRONAS Suriname E&P B.V. (“PETRONAS Suriname”), a subsidiary of PETRONAS and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7. This partnership aims to unlock resources in Suriname's emerging frontier basin through innovative and cost-effective subsea solutions. The agreement establishes a long-term framework for collaborati.

Q1 2026 was an exceptional quarter for energy stocks thanks to war in the Middle East, but Q2 2026 is not guaranteed to step in its footsteps. Energy prices can go higher and push the sector higher, but they do not have to if the U.S. can neutralize Iran's ability to project force. While energy stocks are benefiting from the fighting in the short term, it may actually come back to hurt them in the long run.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

SLB (SLB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.