Led by SLB's ChampionX deal, oil field services could be joining upstream sector in consolidation cycle

16d ago, source:

This is the largest transaction we have seen in the oil field services market since the 2020 downturn, and we believe ...

SLB Announces First-Quarter 2024 Results, Targeting to Return $7 Billion to Shareholders Over 2024–2025

4h ago, source:

Revenue of $8.71 billion increased 13% year on year GAAP EPS of $0.74 increased 14% year on year EPS, excluding charges and ...

M&A News: SLB Acquires ChampionX for $8 Billion

17d ago, source: TipRanks on MSN

Oilfield services company SLB (NYSE:SLB) announced the acquisition of ChampionX Corp (NASDAQ:CHX) in an all-stock deal worth ...

Schlumberger to spend $7.8 billion in stock to buy ChampionX

on MSN ago, source:

Oil services company Schlumberger Ltd. announced Tuesday an agreement to buy chemical and drilling technologies company ...

SLB Announces $8-Billion Deal as Mergers Extend to Oilfield Sector

16d ago, source: Crude Oil Prices

SLB, the world’s top oilfield services provider, announced on Tuesday a definitive agreement to buy smaller competitor ...

SLB To Acquire ChampionX In All-Stock Deal; To Return $7 Bln To Shareholders Over Next Two Years

17d ago, source: Business Insider

(RTTNews) - Oilfield services company Schlumberger Ltd., doing business as SLB (SLB), and ChampionX Corp. (CHX) announced Tuesday a definitive agreement for SLB to purchase ChampionX in an all ...

ChampionX Corporation

7d ago, source: CNN

ChampionX Corp. engages in the provision of chemistry solutions, artificial lift systems, and engineered equipment and technologies. It operates through the following segments: Production Chemical ...

Shareholder Alert: Ademi LLP investigates whether ChampionX Corporation has obtained a Fair Price in its transaction with SLB

17d ago, source: Morningstar

MILWAUKEE, April 2, 2024 /PRNewswire/ -- Ademi LLP is investigating ChampionX (Nasdaq: CHX) for possible breaches of fiduciary duty and other violations of law in its transaction with SLB.

ChampionX, Montrose Environmental Group And Other Big Stocks Moving Higher On Tuesday

17d ago, source: Business Insider

U.S. stocks were lower, with the Dow Jones falling around 400 points on Tuesday. Shares of ChampionX Corporation (NASDAQ:CHX) rose sharply during Tuesday’s session after Schlumberger Limited ...

SLB to Buy Oilfield Service Rival ChampionX for $7.8 Billion

17d ago, source: Yahoo Finance

(Bloomberg) -- SLB agreed to acquire rival oilfield service provider ChampionX Corp. for $7.8 billion in an all-stock deal, a move that will bulk up SLB’s technology portfolio as aging shale ...

Schlumberger to spend $7.8 billion in stock to buy ChampionX

17d ago, source: MarketWatch

Oil services company Schlumberger Ltd. announced Tuesday an agreement to buy chemical and drilling technologies company ChampionX Corp. in an all-stock deal valued at about $7.8 billion.