Schlumberger (SLB) Watchlist

tz-plus logo Pivotal-Point Tracking Schlumberger (SLB): Oil service provider reports high demand for deep-sea drilling

W. Zussner
Reading Time: 1 minute

Schlumberger is the world's leading provider of technologies and services for the oil and gas industry. Its product portfolio ranges from exploration to drilling fluid preparation, to the digital optimization of complex production facilities. On July 24, the company impressed with its figures for the second quarter. While revenue slightly increased to $9.1 billion, the adjusted earnings per share of $0.85 exceeded analysts' expectations. The main driver was particularly the strong international business outside the North American landmark. The...

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