Monday 29 April 2013

Baker sees US drilling pickup; Schlumberger cautious improvement in the depressed North American drilling market and steady growth

Signs of improvement in the depressed North American drilling market and steady growth elsewhere helped oilfield services companies Schlumberger Ltd and Baker Hughes Inc beat Wall Street’s profit expectations. Sector leader Schlumberger posted earnings above analysts’ estimates for...Baker sees US drilling pickup; Schlumberger cautious improvement in the depressed North American drilling market and steady growth

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