Saturday, October 18, 2014

Schlumberger Surprises Market With Upbeat Forecast


 Summary

  • Solid results from Schlumberger surprised the market.
  • Oilfield service firms are likely to maintain growth in an environment of higher production.
  • Oilfield service stocks offer atttractive values now that stocks have declined due to an overabundance of fears.
 With the release of Q314 earnings in the oil services sector, investors quickly learned that all companies in a sector aren't created equal. Not only that, but all companies involved in a particular industry aren't impacted the same way.

 Read full article at Seeking Alpha.


 Disclosure: No positions mentioned. Please review the disclaimer page for more details.

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