Why These Energy Stocks are Losing This Week

5. Schlumberger Limited (NYSE:SLB)

Share Price Decline Between July 11 – July 18: 10.69%

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.