Investing.com - Schlumberger (NYSE:SLB) reported first quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $0.34 on revenue of $5.96B. Analysts polled by Investing.com expected EPS of $0.3391 on revenue of $5.93B. .
For the year, Schlumberger shares are up 35.73%, outperforming the S&P 500 which is down 7.82% year to date.
Schlumberger follows other major Energy sector earnings this month
On Wednesday, Kinder Morgan reported first quarter EPS of $0.32 on revenue of $4.29B, compared to forecasts of EPS of $0.2803 on revenue of $3.64B.
Halliburton earnings beat analyst's expectations on Tuesday, with first quarter EPS of $0.35 on revenue of $4.28B. Investing.com analysts expected EPS of $0.3418 on revenue of $4.2B
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