Schlumberger Limited (SLB) saw its share price drop by 10.69% from July 11 to July 18, 2025, making it one of the energy stocks that lost the most that week. The company is a leading provider of technology for the global energy industry, specializing in reservoir characterization, drilling, and production.

Following the release of its Q2 2025 results, Schlumberger Limited (SLB) experienced a significant decline in its stock price. Despite beating revenue expectations, the company reported a decrease of almost 6.5% compared to the previous year. SLB also warned of a potential decrease in global upstream spending this year, particularly in North and Latin America.

In addition to revenue concerns, Schlumberger Limited (SLB) reported earnings of $0.74 per share, slightly surpassing estimates but still falling short of last year’s figures. The company expects a negative impact on its margins due to President Trump’s tariffs in the second half of the year, adding further pressure on its stock performance.

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Read more at Yahoo Finance: Schlumberger Limited (SLB) Falls Following its Q2 Results