MARKETS

Oil service giant records quarter lower than expectations

SCHLUMBERGER’s second quarter earnings were above previous quarters and the previous corresponding period, but below estimates, despite the fact second-quarter consolidated revenue was US$8.3 billion, up 6% over the previous quarter.  

Schlumberger reports strong North American growth for the quarter

Schlumberger reports strong North American growth for the quarter

North America revenue stood at $3.1 billion, an increase of 11% and international revenue was $5.1 billion, an increase of 4%.    "However, the associated costs together with some operational delays...

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