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 $0.41 on revenue of $6.23B. Analysts polled by Investing.com expected EPS of $0.3899 on revenue of $6.09B. .
For the year, Schlumberger shares are up 23.71%, outperforming the S&P 500 which is down 5.95% year to date.
Schlumberger follows other major Energy sector earnings this month
On Wednesday, Kinder Morgan reported fourth quarter EPS of $0.27 on revenue of $4.43B, compared to forecasts of EPS of $0.2559 on revenue of $3.58B.
Nextier Oilfield Solutions earnings missed analyst's expectations on January 3, with fourth quarter EPS of $-0.03 on revenue of $505M. Investing.com analysts expected EPS of $0.0075 on revenue of $503.69M
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