Schlumberger stock heads into the open after a 4.9 percent drop
Published on 09/16/2026 at 07:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Schlumberger stock closed at USD 53.32 on the NYSE on September 14, 2026, down 4.9 percent from the previous close of USD 56.06. Per US market data, the shares ended the session 11.8 percent below their 52-week high of USD 60.46 and 68.5 percent above the 52-week low of USD 31.64.
September 14, 2026 in numbers
Schlumberger Ltd. (ISIN US06520E1029, NYSE: SLB) saw its stock lose 4.9 percent on September 14, 2026, closing at USD 53.32 on the NYSE after opening the session higher at USD 56.06. According to market data cited in a recent wrap, this close left the shares 11.8 percent below the 52-week high of USD 60.46 and still 68.5 percent above the 52-week low of USD 31.64, underscoring a notable retreat from recent peaks while preserving substantial gains versus the low of the past year.
As Ad-hoc-news reported on September 15, 2026, the 4.9 percent decline came as UBS raised its price target for Schlumberger to USD 75 while maintaining a positive stance on the stock. The combination of a higher target and the same-day share price weakness highlighted a disconnect between near-term trading pressure and the broker's longer-term view.
Outlook today for Schlumberger stock
Today, Schlumberger heads into the US trading session with investors still processing the updated UBS price target, which, at USD 75, implies considerable upside from the September 14, 2026 close of USD 53.32. As The Globe and Mail reported on September 15, 2026, UBS reiterated its buy rating on Schlumberger alongside the new USD 75 target, framing the stock as a favored name in the oilfield services space. With the broader equity market having slipped in the last session amid elevated oil prices and bond-yield moves, as noted by Swissinfo, the interaction between energy prices, interest rates and sector sentiment is set to remain a key backdrop for Schlumberger today.
