Schlumberger To Report As Cracks Appear Even In U.S. Market

Schlumberger (SLB) will report second-quarter results Friday amid another retreat in oil prices and signs that even the U.S. energy sector may be faltering.

XAutoplay: On | OffAnalysts expect the oilfield services provider's earnings to climb 23% to 30 cents per share with revenue up 1.2% to $7.25 billion, according to Zacks Investment Research.

Management's guidance may turn dimmer. In early April, U.S. crude topped $54 a barrel. But since then, it has plunged below $43 a barrel and is...

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