SLB to Acquire ChampionX Corporation in $7.75 Billion Deal
SLB, the top oilfield services provider, has announced a $7.75 billion deal to acquire ChampionX Corporation. The agreement has caused ChampionX’s shares to surge by 10%, reflecting positive market response. The acquisition comes at a time of significant changes in the energy sector, with a focus on meeting energy demand and accelerating decarbonization.
Jim Cramer Confident in Potential Gains for SLB and Halliburton Stocks
CNBC’s Jim Cramer recently reviewed the performance of oil service stocks following the release of earnings reports by major players in the sector. Cramer expressed confidence in the potential for gains in stocks such as SLB and Halliburton. After analyzing…