NYSE:SLBEnergy Services
SLB (SLB) Wins Carbon Storage Role, Is The Stock Still A Bargain?
SLB (NYSE:SLB) has been selected as reservoir partner for the Havstjerne carbon storage project in the Norwegian North Sea, and has launched its ExaCT electrical coiled tubing control system, underlining its focus on technology-led energy transition services.
SLB's recent contract wins and product launches have come alongside strong share price momentum. The stock closed at US$57.33 and recorded a 17.1% 1 month share price return and a 42.61% year to date share price return, while the 1 year...