Thursday, April 21, 2011

Schlumberger Profits Up 40 Percent; Revenues up 55 Percent; On Strength of US Drilling Boom

Link here.

Weather and Libyan unrest/civil war hurt SLB's earnings, but still very robust, and underlying strength in oil patch remains robust.
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1 comment:

  1. AnonymousApril 22, 2011 at 12:58 AM

    I dont get it How can there be a drilling boom with permitermiormium in place ?

    I look to you for wisdom. Society is disintegrating . The world is coming to an end. What are we going to do ? Let's wring our hands and bitch about govt. Oh wait we had a career in govt (USAF) and we get govt retirement pension and health care. You have zero credibility .

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