Why Hedge Funds are Piling into Schlumberger (SLB)

MSN
2025.07.29 18:51
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Schlumberger Limited (NYSE:SLB) is recognized as one of the top crude oil stocks favored by hedge funds. The company recently completed the acquisition of ChampionX, which contributes $850 million in revenue and $190 million in adjusted EBITDA, effective August 1.