Schlumberger Second-Quarter Profit Falls 24%



Reuters

July 17 (Reuters) - Schlumberger Ltd, the world's largest oilfield services company, reported a nearly 24 percent fall in quarterly profit.

Net income fell to about $1.60 billion, or $1.21 per share, in the second quarter ended June 30, from $2.10 billion, or $1.57 per share, a year earlier.

Revenue rose 8 percent to $12.05 billion.

(Reporting by Sayantani Ghosh in Bangalore; Editing by Joyjeet Das)



WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

RELATED COMPANIES