Earnings

The company reported earnings of $302 million, or 23 cents per share, compared to $1.66 billion, or $1.26 per share, last year. Excluding special items, earnings were $1.50 per share – above analysts’ view of $1.50 per share.

Revenue
Revenue came in at $12.64 billion, up from $11.90 billion, last year. Analysts expected to see $12.72 billion in revenue.

Excluding its gains from Thursday’s upbeat earnings release, shares of SLB have underperformed in 2015. The stock rose about 4.5% during Friday morning trading due to its earnings release and the announcement that the company will cut 9,000 jobs. SLB also announced that is has boosted its dividend by 25%.

Despite its bounce this morning, shares might have a difficult time rising in the face of lower oil prices and analyst earnings estimates cuts.

Investors interested in SLB may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The funds listed above allow investors to gain exposure to Intel while remaining diversified. Investors interested in SLB may also be interested in Halliburton (HAL) and Baker Hughes (BHI).