With major operations throughout Oklahoma, Schlumberger Limited plans to release its second quarter earnings report in July. Leaders hope to see a reversal of downward trends reported in North America earlier in the year.
The French-based company stated it will hold a conference call July 19 to discuss the results for the second quarter ending June 30, 2019. The call will begin at 7:30 a.m. Central Time.
The first quarter financial results announced in April showed Schlumberger had worldwide revenue of $7.9 billion, down 4 percent from the previous quarter but up one percent from the prior year.
North America revenue which included operations in Oklahoma totaled $2.7 billion. It was down 3 percent from the 4th quarter of 2018 and the same decline was recorded when compared to the previous year.