Schlumberger 2016 EPS can reach $8, says RBC Capital After Schlumberger provided margin targets yesterday, RBC Capital thinks the company's EPS can grow at an annualized pace of 20%, versus the Street's outlook for 15% growth. The firm believes that the company's guidance suggests that its EPS will reach $8 in 2016. It keeps an Outperform rating on the shares.
Cameron and Schlumberger's OneSubsea awarded $330M contract Cameron (CAM) and Schlumberger (SLB) company OneSubsea has been awarded a subsea production systems contract totaling more than $330M for a gas project offshore North Africa. Deliveries are expected to begin in 3Q16.