Investing.com - Schlumberger (NYSE:SLB) reported fourth quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $0.22 on revenue of $5.53B. Analysts polled by Investing.com expected EPS of $0.1714 on revenue of $5.23B. .
For the year, Schlumberger shares are up 10.81%, outperforming the S&P 500 which is up 2.58% year to date.
Schlumberger follows other major Energy sector earnings this month
On Thursday, Baker Hughes A reported fourth quarter EPS of $-0.07 on revenue of $5.5B, compared to forecasts of EPS of $0.1695 on revenue of $5.42B.
Halliburton earnings beat analyst's expectations on Tuesday, with fourth quarter EPS of $0.18 on revenue of $3.24B. Investing.com analysts expected EPS of $0.1465 on revenue of $3.22B
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