04 November 2008
The US-based Weatherford yesterday announced their third-quarter financial results at the Abu Dhabi International Petroleum Exhibition and Conference, reporting $384 million, or $.55 per diluted share, operational income.
According to the company, the 2008 third quarter diluted earnings per share from continuing operations reflect an improvement of 28 per cent over the same period last year. The revenues were at $2.541 billion, 29 per cent higher than the same period last year, against a backdrop of an 11 per cent increase in rig count activity.
The US-based Weatherford yesterday announced their third-quarter financial results at the Abu Dhabi International Petroleum Exhibition and Conference, reporting $384 million, or $.55 per diluted share, operational income.
According to the company, the 2008 third quarter diluted earnings per share from continuing operations reflect an improvement of 28 per cent over the same period last year. The revenues were at $2.541 billion, 29 per cent higher than the same period last year, against a backdrop of an 11 per cent increase in rig count activity.
By Staff Writer
© Emirates Business 24/7 2008
