Background: Schlumberger, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company was founded in 1926 and is based in Houston, Texas. Schlumberger trades an average of 6.2 million shares per day with a marketcap of $96 billion.
52-Week Range: $59.12 to $80.78Book Value: $24.72 Price to Book: 2.9 Third-quarter earnings is highly anticipated by hopeful investors expecting an earnings growth report before the market opens on Oct. 19. The mean bottom line appraisal is presently $1.07 a share, a gain of 9 cents (8.4%) from 98 cents during the corresponding quarter last year. The lowest analyst estimate this report is $1 per share, and the highest is $1.16 per share. Along with beating last year's results, this quarter is expected to beat last quarter's result of $1.05 per share. Real Money's David Katz writes about Schlumberger in
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