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Schlumberger Profit Falls 30% on Weak Oil Prices

2015-07-17 05:01:02| Energy - Topix.net

Schlumberger Ltd.'s second-quarter earnings fell 30% on plunging revenue, as the oil-services sector continues to grapple with weak oil prices. Schlumberger reported a profit of $1.12 billion, or 88 cents a share, down from $1.6 billion, or $1.21 a share, a year earlier.

Tags: prices oil falls profit

 

Schlumberger Profit Falls 30% on Weak Oil Prices

2015-07-17 02:21:18| Oil & Gas - Topix.net

Schlumberger Ltd.'s second-quarter earnings fell 30% on plunging revenue, as the oil-services sector continues to grapple with weak oil prices. Schlumberger reported a profit of $1.12 billion, or 88 cents a share, down from $1.6 billion, or $1.21 a share, a year earlier.

Tags: prices oil falls profit

 
 

Did Halliburton And Schlumberger Unsuccessfully Try To Cancel Railcar Orders?

2015-07-13 22:04:20| Railroads - Topix.net

On July 1st Halliburton closed down 3.5% to $41.56 and Schlumberger closed down 2.2% to $84.30. I assumed the market finally responding to my deep research on how the oil industry contraction was hurting these company's business prospects.

Tags: orders cancel halliburton schlumberger

 

Schlumberger backs a different 'open ocean'

2015-06-25 20:00:00| Oil IT Journal - www.oilit.com

Liquid Robotics floats open source software development for its Wave Glider ocean robot.

Tags: open ocean backs schlumberger

 

Declining North American Rig Count Weighs On Schlumberger

2015-04-18 21:24:31| Energy - Topix.net

Given that the company receives over 30% of its revenue in North America, its anticipated E&P contraction could further weigh on the stock. Schlumberger reported Q1 revenue of $10.2 billion and eps of $1.06 .

Tags: north american count north american

 

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