Service companies on the reboundSurvey shows Q2 profits to increase 3.6% from Q1 and over 50% from a year ago Ray Tyson Petroleum News Houston Correspondent
Contract drillers and other oilfield service companies continued their comeback in the 2004 second quarter and are expected to post earnings on average above the prior quarter and well ahead of a year ago.
Profits for the sector should increase about 3.6 percent over this year’s first quarter while....
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Only three of 15 in red for quarter Parker, Grey Wolf, Rowan expected to show losses Halliburton takes pre-tax charges Most in black
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