Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and offset weakness in North America. The international markets have been a bright spot for the oilfields service provider since last year as investor pressure to boost returns has forced North American oil and gas producers to spend less on drilling new oil wells. This is the first report under Olivier Le Peuch, who took over as CEO from Paal Kibsgaard in July. …read more
Source:: Yahoo Finance
