For the quarter, Schlumberger largely outperformed both of its peers, while Halliburton and Baker Hughes each had different reasons for their down quarter -- slowing growth in North American drilling for Halliburton and weaker margins internationally for Baker Hughes, to name a couple. Take a look at the following video for a better picture of why such stark differences existed in Q3 and how they our analysts see the near future progressing.

Joel South owns shares of Schlumberger and Halliburton. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Halliburton and Seadrill. Motley Fool newsletter services recommend Halliburton and Seadrill. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.