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5-day change | 1st Jan Change | ||
| 42.9 EUR | -2.05% |
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-2.39% | -8.80% |
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NEW YORK (Reuters) - Schlumberger Ltd , the world's largest oilfield services company, reported a drop in quarterly profit on Friday as the pace of drilling activity has slowed globally along with the collapse in oil and gas prices.
The company reported a net profit of $1.15 billion, or 95 cents per share, down from $1.38 billion, or $1.12 per share. Revenue rose to $6.87 billion from $6.25 billion.
Excluding charges and credits, the Houston-based company posted earnings of $1.24 billion, or $1.03 per share, slightly below analysts' forecasts for $1.04 per share on revenue of $6.84 billion, according to Reuters Estimates.
(Reporting by Matt Daily and Braden Reddall; Editing by Lisa Von Ahn)
| 1st Jan change | Capi. | |
|---|---|---|
| +0.12% | 34.15B | |
| -8.44% | 29.3B | |
| +29.05% | 11.2B | |
| +24.48% | 8.91B | |
| -11.14% | 7.13B | |
| +10.72% | 6.16B | |
| +49.12% | 5.94B | |
| +58.16% | 5.02B | |
| +30.51% | 4.97B |
SCHLUMBERGER LIMITED 
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