Schlumberger did better than expected

The US-based oil service firm expects international market activity to increase approaching the end of 2021 and beyond.

Photo: Richard Carson/Reuters/Ritzau Scanpix

US oil service company Schlumberger's indication is up by 1.3 percent on the US premarket upon delivering sales and earnings above expectations in the first quarter.

First quarter sales dived by 31 percent to USD 5.2bn, slightly above an analyst consensus of USD 5.09bn gathered by Bloomberg News.

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