Friday, 20 July 2007

Schlumberger profit tops Street view

(Reuters) - Still, Schlumberger cautioned that the short-term outlook for its North American business was uncertain due to record imports of liquefied natural gas and continued weakness in Canada.




Net profit for the Houston-based company, which provides technology and services to help energy companies drill for oil and gas, rose to $1.26 billion, or $1.02 cents per diluted share, from $857 million, or 69 cents per share, a year earlier.


Read more at Reuters.com Business News

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