20 apr: Nokia: Court Finds Older Nokia Phones Infringed IPCom Patent
20 apr: GLOBAL MARKETS: European Stocks Edge Cautiously Higher; Banks Ral..
20-04-2012 12:46:00

Schlumberger 1Q Net Rose 38% On Solid North America Revenue

Relateret indhold

DOW JONES NEWSWIRES

Schlumberger Ltd.'s (SLB) first-quarter earnings rose 38% as the shift of rigs and services to liquids-rich basins continued to drive revenue growth.

Schlumberger, the world's largest oil field services company, had seen its revenue soar in recent quarters as exploration and production companies ramp up activity in areas like the deep-water U.S. Gulf of Mexico and vast oil-rich shale formations around the U.S. Schlumberger has predicted oil consumption and oil field activity will continue to grow through 2012, driven by relatively high energy prices and large oil companies' expanding their reserves. The company's international performance has also been improving as political tensions eased in key geographies, like Libya, where Schlumberger resumed activity during the fourth quarter.

Schlumberger reported a profit of $1.3 billion, or 97 cents a share, up from $944 million, or 69 cents a share, a year earlier. Excluding items such as merger and integration costs, earnings rose to 98 cents from 71 cents. Revenue was $10.61 billion, a 22% jump from a year earlier, but down 3.3% from the prior quarter.

Analysts polled by Thomson Reuters had most recently forecast earnings of 97 cents on revenue of $10.55 billion.

Oil-field services revenue from North America, the region which generates most of the top-line, dropped 3.2% from the fourth quarter, reflecting the seasonal slowdown in product, software and multiclient sales. The company said North America revenue was flat sequentially, excluding seasonal sales effects.

Schlumberger said the move of rigs and service capacity from gas-rich to liquids-rich basins accelerated during the most-recent quarter, while the pricing weakness experienced in prior quarters reached the liquids-rich basins.

Internationally, the impact of winter weather and year-end sales affects lowered revenue, but growing higher-margin exploration and deepwater activity in a number of regions kept margins flat, sequentially.

The Europe/Commonwealth of Independent States/Africa region's revenue declined 3.3% from the prior quarter while the Middle East and Asia posted a 3.9% decrease. Latin America revenue was down 4.4%.

Shares closed Thursday at $69.80 and were inactive premarket. The stock has fallen 5.4% over the past three months.

--By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

(END) Dow Jones Newswires

April 20, 2012 06:46 ET (10:46 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Danske: Bestyrelsesmedlem køber aktier for 236.748 kr.

24-07-2014 16:39:27
Carol Sergeant, der er medlem af bestyrelsen hos Danske Bank, har købt aktier i banken for samlet 236.748 kr. torsdag.Det fremgår af en insidermeddelelse torsda..

Novo: Konkurrent vender tilbage til stærk vækst i insulinsalget

24-07-2014 12:46:29
Amerikanske Eli Lilly, der er en stor konkurrent til Novo Nordisk på insulinmarkedet, leverede tocifret vækst i salget af sit bedst sælgende insulin, Humalog, i..

Aktier/åbning: Danske Bank dominerer efter dukseregnskab

24-07-2014 09:29:28
Danske Bank er der store historie torsdag morgen på det danske aktiemarked, efter at banken har leveret sit bedste kvartalsresultat siden 2007. Det bliver beløn..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Danske Q2: Massiv fremgang og opjustering
2
Aktier/tendens: Danske Bank stjæler rampelyset
3
Aktier/åbning: Danske Bank dominerer efter dukseregnskab
4
Novo: Konkurrent vender tilbage til stærk vækst i insulinsalget
5
TDC/analytikere: Telia-køb af Telenor Danmark mest sandsynligt

Relaterede aktiekurser

Schlumberger Ltd 112,93 0,7% Stigning i aktiekurs
Schlumberger 83,95 0,2% Stigning i aktiekurs
Schlumberger 102,20 0,0% Aktiekurs uændret
Schlumberger COM STK US$.. 114,95 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
24. juli 2014 21:21:43
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20140723.1 - EUROWEB4 - 2014-07-24 21:21:43 - 2014-07-24 21:21:43 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x