(Reuters) - Second-quarter profits rose 31 percent to $254.4 million,
or $1.72 per share, from $194.7 million, or $1.27 per share, a
year ago. Analysts on average expected earnings of $1.65 a
share, according to Reuters Estimates.
Increased exploration and production activities due to
higher crude oil prices have pushed up demand and rents for
drilling rigs internationally.
Read more at Reuters.com Mergers News
or $1.72 per share, from $194.7 million, or $1.27 per share, a
year ago. Analysts on average expected earnings of $1.65 a
share, according to Reuters Estimates.
Increased exploration and production activities due to
higher crude oil prices have pushed up demand and rents for
drilling rigs internationally.
Read more at Reuters.com Mergers News
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