Investing.com - Schlumberger (NYSE:SLB) reported second quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $0.67 on revenue of $6.77B. Analysts polled by Investing.com expected EPS of $0.3987 on revenue of $6.27B. .
For the year, Schlumberger shares are up 12.29%, outperforming the S&P 500 which is down 16.1% year to date.
Schlumberger follows other major Energy sector earnings this month
On Wednesday, Kinder Morgan reported second quarter EPS of $0.27 on revenue of $5.15B, compared to forecasts of EPS of $0.2674 on revenue of $3.77B.
Baker Hughes earnings missed analyst's expectations on Wednesday, with second quarter EPS of $0.11 on revenue of $5.05B. Investing.com analysts expected EPS of $0.2173 on revenue of $5.34B
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