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Home.forex news reportSLB Signs Strategic Collaboration Agreement with Shell

SLB Signs Strategic Collaboration Agreement with Shell

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The share price of SLB N.V. (NYSE:SLB) surged by 2.57% between December 5 and December 12, 2025, putting it among the Energy Stocks that Gained the Most This Week.

SLB Signs Strategic Collaboration Agreement with Shell
SLB Signs Strategic Collaboration Agreement with Shell

On December 11, SLB N.V. (NYSE:SLB) announced that it has signed a strategic collaboration agreement with Shell plc (NYSE:SHEL) to develop AI-driven digital solutions to help boost  performance and upstream efficiency. The two partners aim to deploy an open data and AI infrastructure using SLB’s Lumi data and AI platform, which brings together data and workflows across subsurface, well construction, and production.

SLB N.V. (NYSE:SLB) received a boost after garnering significant positive attention from analysts recently, with UBS being the latest to raise the stock’s price target from $44 to $50 on December 12. The analyst firm maintained its ‘Buy’ rating on the stock. The price target adjustment comes as UBS sees the overall energy sector to be well-positioned next year, driven by improving outlooks on oil and natural gas, value creation due to M&A, cost and capex efficiencies, emerging OFS opportunities, and attractive valuations.

Moreover, earlier on December 11, analysts from Citi, TD Cowen, and Bernstein also raised their respective price targets on SLB N.V. (NYSE:SLB), contributing to bullish sentiment surrounding the stock.

While we acknowledge the potential of SLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Retirement Stock Portfolio: 11 Energy Stocks to Buy and 14 Best Utility Dividend Stocks to Buy Now.

Disclosure: None.



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