SLB Ltd

SLB

Market cap $76.8B

SLB outperforms ENB in price gains, but deepwater momentum and contract-backed stability highlight two distinct energy plays.

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.

SLB trades at a discount to peers, but a 2026 slowdown and an industry underperformance raise questions about betting on the stock right now.

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) has been awarded multiple offshore drilling services contracts by Mubadala Energy, the Abu Dhabi headquartered international energy company, for the Tangkulo natural gas deepwater development and associated exploration and appraisal drilling activities in the Andaman Sea, offshore Indonesia. Under the awards, SLB will work with Mubadala Energy to deliver integrated drilling and well services across the full well life cyc.

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.

Wall Street spent 2025 worshiping algorithms. Early 2026 belongs to oilfield steel.

SLB secures a $1.5 billion, five-year contract from Kuwait Oil Company to design and manage production at the complex Mutriba oil field in Kuwait.

The oil services stock has surged more than 25% since the start of 2026. The hope that production in Venezuela will increase is contributing to the gains.

For nearly 20 years, energy names underperformed technology as capital chased scalability, innovation and margins. The tables are now turning.

HOUSTON--(BUSINESS WIRE)--Global technology company SLB (NYSE: SLB) today announced that Kuwait Oil Company has awarded SLB a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, development and production management. The work builds on SLB's subsurface understanding of the Mutriba field to support development planning and execution across deeper, technically demanding reservoir conditions. The contract covers development of high-pressure, high-temperat.