Schlumberger's Stock Posts 0.11% Drop on Record Volume Surge to 102nd Most-Traded Despite EPA Approval

Schlumberger (SLB) closed at $35.78 on September 8, 2025, with a 0.11% decline. The stock saw a surge in trading volume of 0.97 billion, a 102.36% increase from the previous day, ranking it 102nd in market activity.

Recent developments highlight Schlumberger’s strategic positioning amid market challenges. The company secured EPA approval for its methane detection solution, a critical step in aligning with global emissions regulations. Despite this, the stock underperformed broader indices, with a year-to-date decline of 4.48% compared to the S&P 500’s 10.43% gain. Analysts have varied outlooks, with UBS maintaining a buy rating despite lowering its price target, while others caution about operational headwinds. Schlumberger’s EPC contract with Equinor for the Fram Sør project underscores its ongoing role in offshore energy infrastructure, though mixed signals from digital investment strategies and market volatility continue to weigh on investor sentiment.

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