Schlumberger Limited (SLB) Falls Following its Q2 Results

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.

Schlumberger Limited (SLB) Falls Following its Q2 Results

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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Disclosure: None.