SLB stock slips as CEO sells shares, despite Oman contract win
SLB shares fell 0.8% to $48.50 Thursday after CEO Olivier Le Peuch sold 25,000 shares at $50.40 each, according to an SEC filing. The stock had earlier peaked at $50.56 before retreating. The sale followed SLB’s announcement of new contracts in Oman and a recent surge in oil prices amid U.S.-Iran tensions.