Schlumberger Shares Drop 2.22% as High-Volume Strategy Outperforms Benchmark by 137.53% Despite 236th Trading Rank in 0.56 Billion Dollar Session

Schlumberger (SLB) closed August 1, 2025, with a 2.22% decline, trading at a volume of $0.56 billion, ranking 236th in market activity. The drop follows reports of a strategic partnership with Chevron to re-enter Iraq’s oilfields, signaling renewed U.S. interest in the region’s energy sector. Analysts note the deal could reshape regional supply chains but may face near-term execution risks due to geopolitical uncertainties.

The Chevron-SLB collaboration highlights the energy giant’s focus on expanding its footprint in high-potential markets, though market participants remain cautious. The partnership’s success hinges on regulatory approvals and operational timelines, which could influence SLB’s earnings visibility in the coming quarters. Investors are closely monitoring whether the deal will drive long-term value or act as a short-term drag amid fluctuating oil prices.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present, outperforming the benchmark return of 29.18% by 137.53%. This underscores the role of liquidity concentration in short-term stock performance, particularly in volatile markets.