“We expect the market to remain close to being balanced in the coming quarters”
Schlumberger (ticker: SLB) kicked off another oil and gas earnings season today, reporting net income of $530 million, or $0.38 per share.

Schlumberger reported revenue of $7.8 billion in Q1 2018, down 4% sequentially but up 14% year over year. This trend occurs throughout Schlumberger’s earnings this quarter, with results up since early 2017 but down since Q4, generally on seasonal effects.
SLB strongest revenue growth is in North America
The company reported...


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