Schlumberger: $5 Billion from AI Data Centers Plus Venezuela Boom – I See Potential up to $80

For me, the investment case for Schlumberger is changing. The market continues to see it primarily as a traditional oil field service provider. However, I now also see it as a beneficiary of AI infrastructure, while at the same time a new billion-dollar market is opening up in Venezuela. The most important new trigger is the $4.1 billion acquisition of Kelvion. With this, Schlumberger is expanding its business in cooling and infrastructure for data centers. By 2026, SLB and Kelvion are expected to achieve more than $2 billion in data center revenue...