2024-04-21 14:27:47 ET
Summary
- Schlumberger announced their acquisition of ChampionX on April 1, 2024, adding significant upside potential to both firms by bringing production chemicals to the international market.
- Management increased their shareholder benefits from $2.5b to $3b for 2024 and $4b in 2025.
- International well development and domestic enhanced oil recovery and CCUS will drive growth for Schlumberger in 2024-2025.
...
Read the full article on Seeking Alpha
For further details see:
Schlumberger Has Significant Upside Potential With ChampionX