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Schlumberger Q4 Earnings Beat, Sees 'Favorable' 2022 Macro Fundamentals

·3 min read
Schlumberger Q4 Earnings Beat, Sees 'Favorable' 2022 Macro Fundamentals
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U.S. rig counts are up by 228 vs. a year ago to 601, as Permian Basin output hits a record. That's good news for oil service giants Baker Hughes and Schlumberger.