Viernes, 24 Noviembre, 2017

Schlumberger Limited Q1 Profit Beats, But Revenue Misses As Int'l Drags

Schlumberger Limited Q1 Profit Beats, But Revenue Misses As Int'l Drags Schlumberger Limited Q1 Profit Beats, But Revenue Misses As Int'l Drags
Malita Javier | 21 Abril, 2017, 19:33

However, its revenue of $6.89 billion thus missing expectations of $6.99 billion.

Schlumberger Limited. has a one year low of $72.00 and a one year high of $87.84. DE boosted its position in shares of Schlumberger Limited.by 0.7% in the third quarter.

European Union says Brexit negotiations will start after British election
We asked you to tell us whether or not you agree with the election being proposed and more than 54% said they did not. The UK parliament has voted in favour of Prime Minister Theresa May's call for an early general election.

On that front, while the recent consensus between OPEC and Russian Federation to cut production may not have that much impact on Q1 results, it can adversely affect SLB's outlook, a more powerful driver of the stock prices than earnings. During the same quarter in the previous year, the firm posted $0.65 earnings per share.

On a GAAP basis, Schlumberger posted quarterly EPS of $0.20, compared with $0.40 in the first quarter of 2016. Shareholders of record on Wednesday, February 15th were issued a dividend of $0.50 per share.

Britain could see its first full day without coal
Last year, the government said it wanted to phase out Britain's last plants by 2025 as part of efforts to cut carbon emissions. Part of the reason is that solar panels and wind turbines now provide much more electricity to factories and homes.

"As the recovery builds momentum, industry cash flow and productivity remain under pressure and limit the industry's ability to increase present levels of E&P investment", said Chairman and CEO Paal Kibsgaard in a statement. The ex-dividend date was Monday, February 13th. Jefferies Group LLC reiterated a buy rating and issued a $99.00 price target on shares of Schlumberger Limited.in a report on Thursday, April 6th. Stephens lowered shares of Schlumberger Limited. from an "overweight" rating to an "equal weight" rating in a research note on Monday, January 23rd. This is ahead of the Street estimates of $5.63 a share. The shares were sold at an average price of $81.54, for a total transaction of $407,700.00. Following the sale, the director now owns 7,750 shares of the company's stock, valued at $631,935. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Webster Bank N.A. now owns 47,942 shares of the oil and gas company's stock worth $3,770,000 after buying an additional 575 shares during the last quarter. Its provision for credit losses increased 18 million from the fourth quarter.

WABCO Holdings Inc. (NYSE:WBC) revealed an EPS of $1.47 for the first quarter that is ahead of the estimates by four cents.

Canadian minister looking forward to Trump trade talks
Earlier Thursday, Freeland spoke at an event in Toronto where she said that, broadly, she feels "very good" about the U.S. He also defended one of the Canadian policies that's been panned by US officials - the National Ingredient Strategy.

Shares of the company, whose quarterly profit almost halved due to a jump in costs, fell as much as 4.4 percent to $73.18, their lowest in almost a year. The Reservoir Characterization Group consists of the principal technologies involved in finding and defining hydrocarbon resources.

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