Today, Schlumberger Limited (Symbol: SLB) announced earnings and they beat Wall Street’s expectations.
The world’s largest oil service company had 2nd quarter profits increase by 47% thanks to its exposure in international markets. The market expected 96 cents per share and Schlumberger delivered $1.02 cents per share.
Shares closed 3.46% higher at $96.68—up $3.23 on the day.
