More on Schlumberger (SLB +1%), which reported a 36% jump in quarterly earnings: It expects...

|About: Schlumberger Limited (SLB)|By:, SA News Editor

More on Schlumberger (SLB +1%), which reported a 36% jump in quarterly earnings: It expects growth in 2012, as oil prices should remain close to current levels and global demand for liquefied natural gas continues to increase. Planned capital spending would rise by more than 12% to nearly $4.5B, but it is "building the required flexibility into our resource plans."