The biggest oilfield services firm in the world, SLB (NYSE: SLB), reported on Friday higher-than-expected earnings for the second quarter thanks to higher offshore drilling activity and a rebound in the international markets. SLB’s earnings per share for the second quarter rose by 11% sequentially and by 7% year on year, to $0.72, beating the analyst consensus of $.0.71 EPS. The revenue of $8.10 billion rose by 5% on the first quarter and jumped by 20% year on year, led by significant growth in the international markets, especially the Middle…
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