SLB Rises 1.85% on $350M Volume (Rank 349) as Acquisition and Digital Push Offset Sector Headwinds

Schlumberger Limited (NYSE: SLB) rose 1.85% on August 13, 2025, with a trading volume of $350 million, ranking 349th in daily market activity. The stock’s performance followed a mix of operational updates and sector-wide dynamics in the energy services industry.

The company announced its second-quarter 2025 results, highlighting earnings and revenue that outperformed expectations, driven by digital transformation initiatives. Schlumberger also completed its $8 billion acquisition of ChampionX, a move approved by the UK competition watchdog, which analysts noted could strengthen its market position in oilfield services. Additionally, SLB secured a carbon storage contract for the Northern Endurance Partnership project in the UK, signaling expanded participation in decarbonization efforts.

Collaborative advancements included a partnership with ZEDEDA to deploy edge-computing solutions, enhancing data-driven operations across Schlumberger’s distributed infrastructure. However, the firm faced sector-wide headwinds, including weak drilling activity in Saudi Arabia and Latin America, which pressured Q2 results. Analysts noted that while Schlumberger’s digital capabilities and strategic acquisitions offer long-term resilience, near-term challenges from volatile commodity prices and slowing upstream spending remain critical risks.

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