Hourglass Capital LLC Increases Stake in Schlumberger Limited NYSE:SLB

February 22, 2025

Hourglass Capital LLC, a leading investment firm, has reported an increase in its stake in Schlumberger Limited (NYSE:SLB), a renowned multinational oilfield services company.
The firm has recently acquired an additional 8.41 million shares, bringing its total stake in the company to a significant level. This move indicates Hourglass Capital's confidence in Schlumberger's future prospects and its commitment to long-term investment in the energy sector. Experts at Stocks Prognosis recommend considering purchasing the forecasted movement of Schlumberger Limited shares from trusted professionals to maximize potential returns.

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Investor opinions & comments:

I'm not convinced that Schlumberger is the right long-term investment option in the energy sector. The industry is evolving rapidly and there may be better opportunities elsewhere

— from DavidWilson at 02-25-2025 18:22

I'm not sure if Schlumberger is the best investment choice in the energy sector right now. The industry is facing challenges and there are other companies that might have better growth prospects

— from CharlesScott at 02-25-2025 16:31

This is great news for Hourglass Capital and shows their confidence in Schlumberger's future. I'm curious to see how this investment plays out in the long term

— from ProfitPaul at 02-25-2025 11:26

While Hourglass Capital may be confident in Schlumberger's future, I have some doubts. The oilfield services sector has been struggling lately and I'm not convinced it will bounce back anytime soon

— from BrittanyClark at 02-24-2025 23:37

Hourglass Capital's increased stake in Schlumberger is a vote of confidence in the company's future. It's a positive sign for investors and suggests that there may be good returns to be had in the energy sector

— from JessicaHall at 02-24-2025 21:50

I have been following Schlumberger for a while now and this increase in stake by Hourglass Capital confirms my belief in the company's potential. I'm excited to see how this investment pans out

— from ScarlettRivera at 02-22-2025 22:56

I think this move by Hourglass Capital shows their faith in Schlumberger's future prospects. It's encouraging to see investment firms taking a long-term approach to the energy sector

— from TraderTyler at 02-22-2025 19:33

This increase in stake by Hourglass Capital indicates that they believe in Schlumberger's potential for growth. It's a positive sign for the company and the energy sector as a whole

— from LauraAnderson at 02-22-2025 17:48

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