Android Apple

Schlumberger's stock gains as profit tops expectations, to offset a revenue miss

By MarketWatch   |   2 months ago
Schlumberger's stock gains as profit tops expectations, to offset a revenue miss

Schlumberger Ltd. saw a 1% increase in premarket trading after beating profit expectations but falling short on revenue due to cautious spending by international producers amid lower oil prices. CEO Olivier Le Peuch remains optimistic despite challenges.

Read More

Did you find this insightful?

close

Premium Content

This content is only available for premium members. Please become a paid member to access.

Download App

Currently, memberships can only be purchased through the app.