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Schlumberger NV Stock (SLB) Closed Up by 5.53% on Mar 19: What Investors Need To Know
Schlumberger NV (SLB) stock rose by 5.53% on March 19, driven by significant positive developments. These include a new deepwater contract for its OneSubsea joint venture, a dividend increase, and plans to return capital to shareholders, alongside strong performance in its digital and data center businesses. The broader energy sector’s uplift due to geopolitical tensions and OPEC+ production cuts also contributed to the favorable market conditions for SLB.