Valued at a market cap of $54.1 billion, Schlumberger Limited (SLB) is a global leader in oilfield services and energy technology. With a presence in major oilfield markets worldwide, the company provides advanced hydrocarbon exploration, drilling, production optimization, and carbon management solutions. The Houston, Texas-based company is expected to announce its fiscal Q4 earnings results before the market opens on Friday, Jan. 17.
Ahead of this event, analysts expect the world's largest oilfield services firm to report a profit of $0.91 per share, up 5.8% from the previous year's $0.86 per share. The company has surpassed Wall Street's bottom-line estimates in the past four quarters. In the most recent quarter, SLB exceeded the consensus EPS estimate by 1.1%.
