shares of schlumberger ltd slb slumped 09 in premarket trading friday after the oil services company reported a thirdquarter profit that matched expectations but revenue rose missed but provided an upbeat outlook oil and gas demand the company swung to net income of 550 million or 39 cents a share from a loss of 82 million or 6 cents a share in the yearago period excluding nonrecurring items adjusted earnings per share more than doubled to 36 cents from 16 cents compared with the factset consensus of 36 cents revenue grew 112 to 585 billion below the factset consensus of 515 billion among business segment revenue well construction topped expectations and reservoir performance matched but digital and integration and production systems missed the industry macro fundamentals have visibly strengthened this year particularly in recent weekswith demand recovery oil and gas commodity prices at recent highs low inventory levels and encouraging trends in pandemic containment efforts said chief executive olivier le peuch the stock has soared 226 over the past three months through thursday while the vaneck oil services etf oih has run up 161 and the sp 500 spx has gained 42