Article

Stifel has maintained its buy rating on SLB, recognizing the company's robust performance in the oilfield services sector, particularly in international markets. With a market capitalization of $53.14 billion and consistent revenue growth, SLB has demonstrated financial strength, including 55 years of uninterrupted dividend payments.

Recent developments include mixed analyst perspectives on SLB's future, alongside a contract for carbon storage wells in the UK. While some firms have adjusted price targets amid macroeconomic concerns, SLB's positioning in offshore markets remains a highlight.