S&P Global Sells Geoscience Software to SLB
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2026
0mins
Source: NASDAQ.COM
- Transaction Overview: S&P Global announced the sale of its geoscience and petroleum engineering software portfolio to tech company SLB, with financial details undisclosed but expected to close in the second half of this year or early 2027, indicating a strategic intent to optimize asset allocation.
- Partnership Expansion: The parties have agreed to expand their collaboration through data distribution and the development of new AI models to transform upstream business use cases, enhancing technological synergies and potentially driving industry innovation.
- New Platform Launch: S&P Global will launch an AI-powered upstream data platform named Titan, designed to transform how customers discover, analyze, and act on high-quality data, with coverage across 113 countries and an estimated 110,000 users, showcasing its ambition in the data services sector.
- Market Reaction: In pre-market trading on the New York Stock Exchange, S&P Global shares rose by 0.22% to $439.99, reflecting a positive market response to the company's strategic initiatives.
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Analyst Views on SPGI
Wall Street analysts forecast SPGI stock price to rise
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 417.680
Low
546.00
Averages
617.77
High
675.00
Current: 417.680
Low
546.00
Averages
617.77
High
675.00
About SPGI
S&P Global Inc. provides essential intelligence. Its operations consist of five businesses: S&P Global Market Intelligence (Market Intelligence), S&P Global Ratings (Ratings), S&P Global Commodity Insights (Commodity Insights), S&P Global Mobility (Mobility) and S&P Dow Jones Indices (Indices). Market Intelligence is a global provider of multi-asset-class data and analytics integrated with purpose-built workflow solutions. Ratings is an independent provider of credit ratings, research, and analytics, offering investors and other market participants information, ratings and benchmarks. Commodity Insights is an independent provider of information and benchmark prices for the commodity and energy markets. Mobility is a provider of solutions serving the full automotive value chain, including vehicle manufacturers and retailers. Indices is a global index provider that maintains a variety of valuation and index benchmarks for investment advisors, wealth managers and institutional investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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