Schlumberger profit tops estimates as international business gains [Reuters]
Halliburton Company (HAL)
Last halliburton company earnings: 4/20 06:45 am
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Source: Reuters
Schlumberger profit tops estimates as international business gains NEW YORK (Reuters) - Schlumberger NV ( SLB.N ) reported a slightly better-than-expected quarterly profit on Friday amid a boost in demand for services and equipment internationally, offsetting weakness in North America. International markets have been a recent bright spot for oilfield service providers, which have seen their U.S. businesses hampered by customer spending cuts and slowing drilling activity as investors push for higher buybacks and dividends. Despite growth in international markets, Chief Executive Officer Olivier Le Peuch, who took over as top executive last year, said he expected OPEC-led output cuts would slow investments in Russia and the Middle East in coming months. Le Peuch also said activity in Iraq had been reduced amid rising tensions following a U.S. strike that killed a key Iranian general last month. Schlumberger, the largest oilfield service provider and an industry bellwether, forecast 20
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HAL
Earnings
- 1/23/24 - In-Line
HAL
Sec Filings
- 4/2/24 - Form DEFA14A
- 4/2/24 - Form DEF
- 4/1/24 - Form 4
- HAL's page on the SEC website