Houston, TX-based Schlumberger Limited (SLB Quick QuoteSLB - Free Report) is a leading oilfield services company, providing technology, project management and information services to the global oil and gas industry.  

Schlumberger’s reporting segments can be categorized under four segments: Reservoir Characterization, Drilling, Production and Cameron. In the last four trailing quarters, the company has reported a positive average earnings surprise of 4.73%, missing the estimate once.

Currently, Schlumberger has a Zacks Rank #3 (Hold) but that could change following its fourth quarter 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:

Earnings:Earnings per share (excluding special items) came in at 27 cents, in-line with the Zacks Consensus Estimate.  

Revenue: Revenues of $7,107 million came above the Zacks Consensus Estimate of $7,096 million.

Key Stats: Pre-tax operating income from Reservoir Characterization segment was $316 million, down 39% year over year. Drilling Group contributed income of $234 million, down 53% year over year.  

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