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Schlumberger (SLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Schlumberger. Schlumberger NV ( French: [ʃlumbɛʁʒe, ʃlœ̃b-] ), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
Conrad developed the Schlumberger array, which was a technique for prospecting for metal ore deposits, and the brothers adapted that surface technique to subsurface applications. On September 5, 1927, a crew working for Schlumberger lowered an electric sonde or tool down a well in Pechelbronn, Alsace, France creating the first well log.
Toolhand: Refers to a third party (down hole services provider) service representative or field service supervisor with "tools" to be run and operated in a well. Toolpusher: The boss of a drilling rig, working under the drilling superintendent or the corporation the rig is contracted to. Tour: A 'tower' refers to a worker's shift of duty.
Schlumberger (SLB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Schlumberger (SLB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Transocean Ltd. Transocean Ltd. is an American drilling company. [2] It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
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