SLB stock jumps 8% as Venezuela upheaval lifts oilfield-services names ahead of earnings
NEW YORK, Jan 5, 2026, 09:52 EST SLB shares jumped about 8% in early New York trading on Monday, tracking a sharp rally across oilfield-services stocks. The shares were up $3.25 at $43.45 at 9:40 a.m. ET, while Halliburton gained about 7.5% and Baker Hughes rose about 4.7%. The move followed President Donald Trump’s comments that the United States would take control of Venezuela after the arrest of President Nicolas Maduro, stoking bets that U.S. companies may eventually help rebuild the country’s oil industry. Reuters reported that oilfield-services firms, whose technology would be needed to lift output, were among the