Everybody seems to be pleased with the position that SLB is in right now, but the question that comes to mind is how long can the company keep this growth, and have the Q3 financial results been a random success or a beginning of a positive trend of growth for the company. According to this article, even though oil prices are expected to grow even more and a boost of oil production is expected worldwide, the oil services market is expected to shrink, as the profit margins are expected to drop due to oversupply of some segments of services. Wonder if they are right.
https://seekingalpha.com/article/4216876-schlumberger-placing-pressure-peers-new-sand-mines