StockNews.AI
SLB
Forbes
211 days

Trump's ‘Drill Baby Drill' - Why SLB Could Lead Energy Sector In 2025

1. Chris Wright advocates for expanding U.S. energy production. 2. Wright's nomination signals a shift from current energy policies. 3. SLB benefits from increased domestic energy production opportunities. 4. The company's stock surged 6% due to strong Q4 earnings. 5. SLB's buyback program and low valuation suggest significant growth potential.

6m saved
Insight
Article

FAQ

Why Bullish?

Wright's focus on expanding fossil fuels aligns with SLB's business model, potentially boosting demand and stock price.

How important is it?

The discussion on energy policy directly impacts SLB's operational environment and future earnings prospects.

Why Long Term?

The long-term shift in U.S. energy policy could sustain prolonged growth for SLB, similar to past policy shifts that benefitted major energy firms.

Related Companies

Related News