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flag Schlumberger reported strong quarterly earnings and revenue, despite mixed ratings from analysts.

flag Barclays lowered Schlumberger's price target to $53.00 but maintained an overweight rating. flag Despite this, Schlumberger reported a higher-than-expected EPS of $0.89 and a 10.2% increase in quarterly revenue to $9.16 billion. flag Piper Sandler raised their rating from buy to hold. flag The company also declared a quarterly dividend of $0.275 per share. flag Schlumberger has a market cap of $52.01 billion and a P/E ratio of 11.84.

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