Analysts predict drilling contractors to recoverImproved market conditions expected to result in 40% earnings jump Ray Tyson Petroleum News Houston Correspondent
The major U.S.-based contract drillers can look forward to a pick up in rig activity during the 2004 second quarter following what is expected to be a relatively weak earnings performance in this year’s first quarter.
First-quarter earnings among the leading drilling contractors could tumble roughl....
[additional news subjects in this story]
Diamond Offshore could report 6 cent per share loss Transocean expected to have earnings of 3 cents per share Patterson-UTI expected to earn 27 cents
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