Schlumberger delivers optimistic outlook for North American and international oil markets Reports earnings of 30 cents per share, beating Wall Street estimates of 26 cents per share Operating margins almost double to 14.3%, highest since 2018 July 23 (Reuters) – Oilfield services giant Schlumberger NV (SLB.N) issued a bullish forecast for 2021 on Friday as second-quarter profit topped estimates due to surging margins, with a rebound in oil prices boosting demand for its software and equipment. Energy services firms are benefiting from a resumption of drilling driven by rising crude prices, which are up 18% in the latest quarter and 42% since the start of 2021. Still, oilfield activity levels remain far below pre-pandemic levels and oil demand could face a threat as a resurgence of infections from coronavirus variants prompts fresh restrictions in some parts of the world. Schlumberger officials offered an optimistic outlook for the rest of […]