Why Schlumberger Limited. (SLB) Earnings Should Keep Pumping Higher

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Still, Schlumberger has plenty of ammunition of its own to bolster its growth. The company recently closed on its OneSubsea joint venture with Cameron International Corporation (NYSE:CAM) to take even greater advantage of opportunities in subsurface production. With Cameron’s design, manufacturing, and installation experience, Schlumberger Limited. (NYSE:SLB) hopes to bolster its own expertise in completing subsea wells and providing reliable equipment and give clients an integrated solution for their sea-drilling needs.

In Schlumberger’s earnings report, watch for signs of how the company’s efforts in China are going. Having, created strategic relationships with oil companies within China to assess potential for shale-gas production, Schlumberger Limited. (NYSE:SLB) should be able to use its vast knowledge as a big drawing point in finding profitable plays in the emerging nation that could eventually send its earnings much higher.

The article Why Schlumberger Earnings Should Keep Pumping Higher originally appeared on Fool.com.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool owns shares of General Electric Company (NYSE:GE).

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