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• Schlumberger 1Q profit falls, but tops Street view

  April 19, 2013 6:19 AM

  NEW YORK (AP) Schlumberger's first-quarter net income fell 3 percent, weighed down in part by a restructuring charge. Its adjusted results beat Wall Street's expectations. The first quarter traditionally includes a seasonal slowdown of some business. The world's largest oilfield service company earned $1.26 billion, or 94 cents per share,... more »

• Schlumberger 4Q profit falls in seasonal slowdown

  January 18, 2013 6:48 AM

  HOUSTON (AP) Fourth-quarter net income for Houston-based Schlumberger Ltd. (SHLUM'-bur-zhay) fell 4 percent, pressured by seasonal slowdowns, contract delays and project startup costs. The world's biggest oilfield services company said Friday that 2013's global oil demand is expected to climb at similar levels to a year ago. For the period... more »

• Schlumberger 4Q profit falls in seasonal slowdown

  January 18, 2013 5:57 AM

  HOUSTON (AP) Schlumberger's fourth-quarter net income fell 4 percent, pressured by seasonal slowdowns, contract delays and project startup costs. The world's biggest oilfield service company said Friday that 2013's global oil demand is expected to climb at similar levels to a year ago. For the period ended Dec. 31, Schlumberger... more »

• Schlumberger 2Q profit rises as business revives

  July 20, 2012 10:31 AM

  HOUSTON (AP) Schlumberger Ltd.'s second-quarter net income rose 5 percent as its oilfield services business picked up in the Gulf of Mexico, Africa and other locations. The Houston company provides a variety of equipment and services for the oil and gas industry. It pumps high-pressure fluids underground to unlock oil... more »

• Schlumberger 2Q profit rises 5 pct

  July 20, 2012 6:26 AM

  NEW YORK (AP) Schlumberger Ltd. says its second-quarter net income rose 5 percent as its oilfield services business picked up in the West and Africa. Schlumberger, a Houston company that provides a variety of services for the oil and gas industry, on Friday reported net income of $1.4 billion, or... more »

• Schlumberger 1Q profits jump 37.8 percent

  April 20, 2012 6:50 AM

  NEW YORK (AP) Oil services giant Schlumberger Ltd. said Friday that profit jumped almost 38 percent in the first quarter thanks to strong drilling activity in the Gulf of Mexico, north Africa and the Middle East. The Houston company, which provides a host of services for petroleum companies, reported earnings... more »

• Schlumberger 1Q profits jump 37.8 percent

  April 20, 2012 5:47 AM

  NEW YORK (AP) Oil services giant Schlumberger Ltd. says profits jumped 37.8 percent in the first quarter thanks to strong drilling activity in the Gulf of Mexico, north Africa and the Middle East. The Houston company, which provides a host of services for petroleum companies, reported earnings of $1.31 billion,... more »

• Schlumberger 4Q net income up as revenue improves

  January 20, 2012 6:16 AM

  HOUSTON (AP) Schlumberger Ltd.'s net income surged 36 percent in the fourth quarter, benefiting from stronger land-based work by the oil services company in the Mideast and North Africa and offshore activity in the Gulf of Mexico and Africa. The Houston-based company said Friday that its outlook for 2012 is... more »

• Schlumberger 4Q net income up as revenue improves

  January 20, 2012 6:16 AM

  HOUSTON (AP) Schlumberger Ltd.'s net income surged 36 percent in the fourth quarter, benefiting from stronger land-based work by the oil services company in the Mideast and North Africa and offshore activity in the Gulf of Mexico and Africa. The Houston-based company said Friday that its outlook for 2012 is... more »