Even with demand sluggish in North America because of lower oil prices and reducing drilling and fracking activity they still managed to topped Wall Street expectations.

Schlumberger is trading at fresh 14 year lows, but I believe we are near a bottom in oil prices and a bottom in the stock, this is a great place to start a long position. The company is 80% Instutionailly held and is trading at 1.3% sales.

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