Schlumberger (NYSE: SLB) reported results for the second quarter of 2018 highlighted by sequential revenue increases and the mobilization of 29 new rigs for its international drilling business.

The company also said it had removed one complete layer of its management and support structure.
Financial Highlights

Revenue of $8.3 billion increased 6% sequentially
Pretax operating income of $1.1 billion increased 12% sequentially
Second-quarter GAAP EPS, including charges of $0.12 per share, was $0.31
Second-quarter EPS, excluding ...


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