Schlumberger Ltd. (SLB) July weekly 34 straddle priced into quarter results

Go back to Schlumberger Ltd. (SLB) July weekly 34 straddle priced into quarter results

Schlumberger Ltd. (SLB) Shares Rise on 'Excellent' Second Quarter Performance

July 22, 2022 2:08 PM EDT

Schlumberger Ltd. (NYSE: SLB), the oilfield services company, reported earnings for its latest quarter on Friday, beating analyst earnings and revenue expectations, sending its stock 4% higher.

The company posted earnings per share of $0.5 on revenue of $6.77 billion, topping analyst consensus expectations of $0.4 on revenue of $6.27 billion.

Following the report, analysts at Stifel and Goldman Sachs released notes, providing positive... More