From Yahoo Finance: 2025-04-10 08:00:00

Schlumberger Limited (NYSE:SLB) is compared to other top geothermal stocks favored by hedge funds. Geothermal energy is rapidly growing, with Dandelion Energy partnering to integrate geothermal systems in over 1,500 new homes in Colorado. Geothermal energy is projected to supply up to 15% of global power by 2050, with an investment potential exceeding $1 trillion by 2035.

Deloitte reports that Enhanced geothermal systems (EGS) are advancing with federal funding and cross-sector investment in technological innovation. Schlumberger, a global leader in oilfield services, is investing in geothermal energy through its GeothermEx division, involved in almost 80% of world geothermal power projects.

Schlumberger Limited (NYSE:SLB) ranks 4th in the list of best geothermal stocks. Despite its potential, AI stocks may offer higher returns. SLB reported an impressive Q4 2024, exceeding estimates with sales up 3.27% YoY. The company plans to return at least $4 billion to its shareholders by 2025. For more on AI stocks, check out our report on the cheapest AI stock for massive gains.

Read more: One of the Best Geothermal Stocks to Buy According to Hedge Funds