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Trump's 'Drill Baby Drill' - Why SLB Could Lead Energy Sector In 2025


Published on 2025-01-20 12:41:16 - Forbes
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  • SLB Stock Could Soar After January 2025 Inauguration As New Energy Secretary Chris Wright Plans Massive Oil and Gas Expansion on Federal Lands

The article from Forbes, published on January 20, 2025, discusses the potential impact of former President Donald Trump's "Drill, Baby, Drill" policy on the energy sector, particularly focusing on SLB (formerly Schlumberger), an oilfield services company. It highlights how Trump's push for increased domestic oil and gas production could benefit companies like SLB, which provide essential services for drilling and exploration. The article suggests that with a pro-drilling administration, SLB might see significant growth due to heightened demand for its services, potentially leading the energy sector in 2025. It also mentions the broader implications for the energy market, including potential environmental concerns and the fluctuating dynamics of oil prices, but emphasizes SLB's strategic positioning to capitalize on the policy shift.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/robertdaugherty/2025/01/20/trumps-drill-baby-drillwhy-slb-could-lead-energy-sector-in-2025/ ]
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