SLB reports...one of the first in the oil service sector to report???
(Update: PR corrected after I posted!!! "Please correct paragraph three to read ... 86 cents per share, meeting the analysts' average forecast ... instead of ... 89 cents per share, topping the analysts' average forecast... .) LOL!!!
Excluding discontinued operations and charges, Schlumberger said earning were 89 cents per share, topping the analysts' average forecast of 86 cents.
Profits at oil services companies have surged in the past 18 months as record high oil and gas prices have prompted energy producers to increase their exploration and production efforts.
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.
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