You are here

Schlumberger's Q2 beats estimates as margins rise after job cuts


SCHLUMBERGER Ltd is beginning to reap some benefits from more than 20,000 job cuts announced this year to weather the oil-price crash.

The world's largest oilfield services provider earned 88 US cents a share in the second quarter, beating the 79-cent average of 37

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom