International exposure was the difference in Q3 results and outlooks for oilfield services...
Friday, October 19, 2012, 4:42 PM ETInternational exposure was the difference in Q3 results and outlooks for oilfield services stocks Baker Hughes (BHI) and Schlumberger (SLB) (I, II). Just 44% of BHI revenues are derived from outside North America. At SLB, it's more than 70%, and that leverage positions it well for several years, UBS says: “Strong execution and leading technologies will allow [SLB] to continue to be a consistent and strong performer."
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