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4 Things Schlumberger Thinks You Ought to Know


4 Things Schlumberger Thinks You Ought to Know

After several quarters of waiting for Schlumberger (NYSE: SLB) to produce a significant uptick in earnings, that increase finally arrived in the third quarter as the company made some significant strides in the North American shale drilling market. That was especially encouraging since Schlumberger was traditionally an internationally focused company.

On top of the better-than-expected results, management had some interesting comments about where the industry is headed and how the company plans to respond. Here are several quotes from Schlumberger's most recent conference call that encapsulate management's views on the future. 

Image source: Getty Images.

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Source: Fool.com

Schlumberger Ltd. Stock

€45.80
1.420%
Schlumberger Ltd. gained 1.420% today.
The stock is an absolute favorite of our community with 60 Buy predictions and no Sell predictions.
As a result the target price of 52 € shows a slightly positive potential of 13.54% compared to the current price of 45.8 € for Schlumberger Ltd..
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