The share price of Schlumberger Limited (NYSE:SLB) fell by 10.69% between July 11 and July 18, 2025, putting it among the Energy Stocks that Lost the Most This Week.
An aerial view of a well site, depicting the scale of oil and gas operations.
Schlumberger Limited (NYSE:SLB) is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the global energy industry.
Schlumberger Limited (NYSE:SLB) fell heavily this week following the company’s posting of its results for Q2 2025. Although the firm’s revenue of $8.55 billion managed to beat market expectations, it was down by almost 6.5% compared to last year. SLB warned of a likely decline in global upstream spending this year, led by weakness in North and Latin America.
Similarly, Schlumberger Limited (NYSE:SLB)’s earnings of $0.74 per share also managed to narrowly top estimates but were still below the levels achieved last year. Moreover, the company has flagged a 20-40 basis points hit on its margins from President Trump’s tariffs in the second half of the year, leading to a downward pressure on the stock.
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