Schlumberger Ltd. said Friday its second-quarter earnings tumbled 57 percent as oil and natural gas companies cut back on exploration and drilling, particularly in North America.
Still, the results topped Wall Street expectations.
Schlumberger 2Q tumbles 57 pct as drilling slowsCourtesy Newsvine - business Fri, 07/24/2009 - 04:18
Schlumberger Ltd. said Friday its second-quarter earnings tumbled 57 percent as oil and natural gas companies cut back on exploration and drilling, particularly in North America. Related itemsGeneral Dynamics 2Q net earns dip 3.6 percent
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