SLB Ltd. Stock Slips 3.1%, Underperforms Peers
Dow Jones2026/09/29 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of SLB Ltd. shed 3.1% to $49.87 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,670.84 and Dow Jones Industrial Average falling 0.3% to 51,349.92.
This was the stock's second consecutive day of losses.
SLB Ltd. closed 17.5% short of its 52-week high of $60.46, which the company reached on August 31st.
The stock underperformed when compared to some of its peers, as Baker Hughes Co. fell 2.1% to $55.92, Halliburton Co. fell 2.7% to $31.54, and NOV Inc. fell 2.67% to $18.98.
Trading volume totaled 26.6 million, compared to the 50-day average of 12.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 29, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US Dollar Index fell below the 101 mark, down 0.13% intraday.
Report: US-Iran conflict disrupts OPEC+ production increase schedule, capacity review postponed to mid-November
According to media reports, the capacity review work by OPEC+ has been delayed. Originally scheduled to be completed by the end of September 2026, it has now been postponed to mid-November. This theoretically still allows OPEC+ to discuss the related results at the plenary meeting in late November. The independent capacity assessment results will directly affect the production caps approved for each member country, and some member countries have already shown significant disagreements regarding quotas, putting pressure on the alliance’s stability.
Crypto prices
More
