Schlumberger: The Year In Review

The company's financial performance remained strong, with revenues poised to rise by around 8% over 2013 on the back of higher upstream activity, market share gains and new technology introductions. Earnings per share is poised to rise by close to 15% driven by a better activity mix, improved operational efficiencies and share repurchases. However, the stock saw a meaningful decline towards the second half of the year, owing to lower crude oil prices that have resulted in a tough near-term outlo...