Kibsgaard: Market is now in balance, look for upward movement in oil prices and growth in E&P investment 
Earnings season is here for Q3, and the oil and gas industry got off to a strong start with Schlumberger (ticker: SLB) reporting today.
Q3 Stats

Revenue of $7.9 billion increased 6% sequentially
Pretax operating income of $1.1 billion increased 11% sequentially
GAAP EPS, including Cameron integration-related charges of $0.03 per share, was $0.39
EPS, excluding Cameron integration-related charges, was $0.42
Cash flow f...


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