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First-Quarter Review: Services and Equipment
Each earnings season, The Energy Strategist takes a detailed look at oil-field services giant Schlumberger’s (NYSE: SLB) quarterly results and subsequent conference call with analysts. One of the best-managed firms in the business, Schlumberger’s international reach and diverse operations--not to mention CEO Paal Kibsgaard’s candor about emerging trends in the energy patch--make the company’s quarterly conference calls must-attend events. In this issue, we analyze the key takeaways from Schlumberger's earnings call and their implications for our investment strategy.
In this IssueThe Energy Letter
Profiting from the Gas Glut
US natural gas prices will likely remain depressed for at least the next few years, with any potential upside hinging on weather conditions.



