Schlumberger warns of moderating North American activity
Excluding items, the company earned 42 cents a chare, matching analysts average estimate, according to Thomson Reuters
Bengaluru - Muslimchronicle
Schlumberger posted a bigger quarterly profit on Friday as its North American business continues to be helped by strong shale drilling, but the oilfield services giant said that investments in the region was moderating.
The warning mirrors that of peer Baker Hughes, which also said it was expecting a challenging market for the rest of the year.
“In the US Gulf of Mexico, activity continued to weaken in the third quarter, and the outlook remains bleak for this region based on current customer plans,” Schlumberger said in a statement.
Net profit attributable to Houston-based Schlumberger company rose to $545 million, or 39 cents per share, in the quarter ended September 30, from $176 million, or 13 cents per share, last year.
Excluding items, the company earned 42 cents a chare, matching analysts average estimate, according to Thomson Reuters.
The company’s revenue rose to $7.91 billion from $7.02 billion in the same quarter last year.
Source:Arabnews
- Wednesday ,03 January GMT 17:42 2018 PML-N fulfilled its obligation to overcome country’s energy deficit: PM
GMT 17:42 2018 Wednesday ,03 January
PML-N fulfilled its obligation to overcome country’s energy deficit: PMGMT 17:39 2018 Wednesday ,03 January
BP says to take $1.5bn hit on US tax reformsGMT 17:36 2018 Wednesday ,03 January
China factory activity accelerated in December: CaixinGMT 10:46 2017 Thursday ,21 December
China's economic growth to slow next yearGMT 17:25 2017 Tuesday ,19 December
GFH acquires two trophy Chicago properties for US $150 millionGMT 11:59 2017 Tuesday ,19 December
N. Korean incomes improving but far below SouthGMT 15:16 2017 Thursday ,14 December
EU agrees increases in fishing quotasGMT 12:32 2017 Thursday ,14 December
N. Korea's overseas financial network squeezed by US
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 18:04 2017 Saturday ,23 September
Nutrition doctor provides advices to families
GMT 09:06 2017 Saturday ,19 August
Mo Farah bids to give British fans memorable farewell
GMT 15:31 2017 Monday ,11 December
ICC reports Jordan to UN Security Council for not arresting Sudan's Bashir
GMT 10:24 2016 Wednesday ,23 March
cartoon fifteen
GMT 09:54 2017 Monday ,04 September
UAE Embassy in Rome oversees travel arrangements of Hajj pilgrims
GMT 04:08 2015 Sunday ,27 September
Egypt receives orders from nobody on NGOs
GMT 09:16 2017 Wednesday ,29 March
Governor of Al Hoceima Fired After Latest Protests
GMT 04:00 2016 Tuesday ,22 November
Premier calls to preserve one-family spirit
GMT 18:50 2017 Tuesday ,12 September
Russian, US-led strikes kill 28 civilians in Syria’s Deir al-Zor
GMT 00:32 2015 Saturday ,29 August
Bahrain parliamentary delegation to participate in world conference
GMT 21:41 2017 Monday ,12 June
Turkey’s position on Gulf crisis
GMT 19:46 2017 Wednesday ,23 August
Iran, Saudi delegations to visit their embassies in Riyadh and Tehran
GMT 07:47 2017 Thursday ,19 October
After IS, rotting corpses and empty jail cells in Syria's Raqa
GMT 11:42 2017 Tuesday ,29 August
Football: Liverpool agree record deal to sign Keita
GMT 10:20 2017 Friday ,25 August
Anger over UAE jailing of Singaporeans for 'dressing feminine'
GMT 20:34 2017 Friday ,31 March
TAIF's head criticizes Tunisian government's delay
GMT 09:30 2018 Sunday ,07 January
Weinstein sued for trying to foil probe
GMT 09:45 2018 Wednesday ,03 January
Beauty brand HAX launches and appoints Bux & Bewl Communications
GMT 08:17 2017 Wednesday ,06 December
One month on, Lebanon's PM rescinds shock resignation
GMT 05:54 2017 Friday ,08 December
Brazil cuts interest rate to record low seven percent
GMT 12:08 2018 Monday ,01 January
Two brothers killed in armed attack on liquor store in Egypt
GMT 16:59 2017 Thursday ,10 August
61 students graduate from Al-Maktoum College of Higher Education
GMT 06:54 2017 Friday ,04 August
Toyota Q1 net profit up 11% to $5.6 bn, boosts FY forecast
GMT 18:19 2017 Tuesday ,03 October
PM May says Britain to take tougher line on extremist content
GMT 15:40 2017 Sunday ,08 October
Philippines to start extradition process for doctor linked to New York terror plot
GMT 02:11 2017 Saturday ,25 February
Thomas Cook and TUI to resume trips to Tunisian destination
GMT 10:06 2017 Thursday ,23 March
Washington Meeting, Opportunity to Highlight Morocco’s Approach
GMT 09:33 2017 Saturday ,21 January
Stresses love to Cinema
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
