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Weatherford International Ltd (WFT)

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Last Post: 1/14/2019 4:02:54 PM - Followers: 44 - Board type: Free - Posts Today: 0


 

 

  

In 1972, the separate company of Energy Ventures, Inc. was founded as an offshore gas and oil exploration and production company.In 1987, Energy Ventures was liquidated and re-established and by 1990, had acquired Grant Oil Country Tubular Company.

In 1991, Weatherford acquired Petroleum Equipment Tools Company (PETCO). Weatherford and HOMCO later merged operations to create Weatherford Services, the largest oil fishing/rental company 
in the world. In 1995, Weatherford merged with Enterra, becoming Weatherford Enterra Inc.

In May 1998 Energy Ventures, since renamed EVI, Inc. and Weatherford Enterra, Inc. merged, creating the current company now known as Weatherford. In the next two years, 
Weatherford added a number of well-organized brands to its expertise, including Dailey, Orwell, Energy Rentals, Whiting, Williams, BBL and ECD Northwest. Weatherford also created 
a stronger completion competence with the addition of well-known brands in the sector such as Petroline, Cardium, Nodeco, McAllister, Johnson Screens, Houston Well Screens, Arrow, and CIDRA.

In 2005, Weatherford acquired Precision Drilling Corporation’s Precision Energy Services and International Contract Drilling divisions.

In 2008, the company announced that it was shifting its place of incorporation from Bermuda to Switzerland. That same year, Weatherford completed its acquisition of V-Tech International,
a pioneer in the development of mechanical power tong systems in the North Sea to improve rig safety.


Company focus
As an oil and natural gas drilling services company, Weatherford produces a variety of products and services for the oil and gas industry. These include drilling services, electronic well
measurement and monitoring, completion, production, and evaluation products and services. In particular, the company has developed directional drilling services that can extend through
miles of bedrock with great precision,
and tubular running services that are used on almost half of the world’s deepwater drilling projects. The company has more sand screen systems installed
worldwide than any other company, and production optimization systems in more than 100,000 wells around the world
. Additionally, Weatherford is the industry’s only provider of all forms of
artificial lift.
Weatherford also offers intervention, completion, and decommissioning services for well owners, in addition to pipeline precommissioning, commissioning operations, and one of
the world's most diverse fleets of inline inspection tools.



       


     

 


      
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WFT News: Weatherford Announces Registered Exchange Offer For Previously Issued 9.875% Senior Notes Due 2025 12/27/2018 04:45:00 PM
WFT News: Weatherford Announces Registered Exchange Offer For Previously Issued 9.875% Senior Notes Due 2025 12/27/2018 04:45:00 PM
WFT News: Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) 12/27/2018 04:30:52 PM
WFT News: Notice of Effectiveness (effect) 12/27/2018 06:07:33 AM
WFT News: Weatherford Announces Sale of Surface Data Logging Business 12/17/2018 06:50:00 AM
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#565   * * $WFT Video Chart 01-14-2019 * * ClayTrader 01/14/19 04:02:54 PM
#564   I think we hit a buck, were 2 tdeck 01/10/19 11:03:40 AM
#563   What do you think will happen? pennyfinder 01/10/19 01:13:15 AM
#562   * * $WFT Video Chart 01-09-19 * * ClayTrader 01/09/19 05:06:00 PM
#561   Watch what happens Feb 1 Peace out. tdeck 01/09/19 02:34:19 PM
#560   Sounds good. Buying some more!!! Ailet10 01/08/19 11:39:43 AM
#559   You bet it is. I have been trading Mindsplit 01/08/19 11:37:08 AM
#558   Time to buy?? Ailet10 01/08/19 10:47:59 AM
#557   * * $WFT Video Chart 01-07-2019 * * ClayTrader 01/07/19 04:17:05 PM
#556   About time for a healthy bounce...…… https://stockcharts.com/public/1164099 cottonmather 01/06/19 08:30:55 PM
#555   Earnings come on on Feb 1st Happycoins 01/05/19 06:29:34 PM
#554   * * $WFT Video Chart 01-04-2019 * * ClayTrader 01/04/19 04:22:27 PM
#553   Shorts should cover now it's getting dangerously low Happycoins 01/03/19 06:12:22 PM
#552   * * $WFT Video Chart 01-03-2019 * * ClayTrader 01/03/19 05:10:45 PM
#551   19m buys vs. 16m sells. 30m 0210 01/03/19 03:33:01 PM
#550   Got in yesterday at .39 Happycoins 01/03/19 10:30:43 AM
#549   Maybe he believes you are well equipped in Lenard 01/02/19 10:16:05 PM
#548   * * $WFT Video Chart 01-02-19 * * ClayTrader 01/02/19 04:17:53 PM
#547   Why not post something useful like why is Manonb 01/02/19 11:41:19 AM
#546   Time for the DUMP !! Cjski68 01/02/19 09:54:47 AM
#545   May 2019. Plus another possible extension of 6 months. naturalborninvestor 01/01/19 07:22:26 PM
#544   When is the date that the stock price furface 01/01/19 04:58:34 PM
#543   + Institutional Holdings 108.77%...an aberration. 347 tutes hold 0210 01/01/19 11:01:57 AM
#542   Mini year-end short squeeze. 118m WFT shares 0210 01/01/19 10:40:32 AM
#541   If you want to lose money, you would Lenard 12/31/18 10:59:47 PM
#540   Completely agree that this is trading crazy. But Mindsplit 12/31/18 08:50:13 PM
#539   * * $WFT Video Chart 12-31-18 * * ClayTrader 12/31/18 04:16:27 PM
#538   Something isn't adding up with WFT. JMHO SchlumpyStock-Picker 12/31/18 03:13:39 PM
#537   good Volume beambe 12/29/18 12:01:10 PM
#536   High debt burden raised doubts about sustainability. But naturalborninvestor 12/29/18 10:05:00 AM
#535   Interesting stock. Why the drop from 2016? IL Padrino 12/29/18 06:42:57 AM
#534   * * $WFT Video Chart 12-28-18 * * ClayTrader 12/28/18 04:35:44 PM
#533   So nice undervalue 12/28/18 11:22:44 AM
#532   * * $WFT Video Chart 12-27-18 * * ClayTrader 12/27/18 04:17:19 PM
#531   Either get in now or chase Penny_God 12/27/18 02:43:02 PM
#530   Either get in now or chase Penny_God 12/27/18 02:42:55 PM
#529   So great undervalue 12/27/18 02:42:29 PM
#528   WFT 02opida 12/27/18 11:03:50 AM
#527   Upmove ahead undervalue 12/27/18 10:16:21 AM
#526   Yes financing (s4) gone through undervalue 12/27/18 10:16:01 AM
#525   * * $WFT Video Chart 12-26-2018 * * ClayTrader 12/26/18 05:05:40 PM
#524   It is good to see some of these pepeoil 12/26/18 07:45:30 AM
#523   Your welcome wadi. GJ Gigolo Jason 12/21/18 07:37:36 PM
#522   good Volume beambe 12/21/18 01:21:08 PM
#521   WFT was around 53c when you posted your wadirum1 12/21/18 11:41:01 AM
#520   So bad undervalue 12/21/18 09:37:54 AM
#519   Sold their data logging biz, plus shorts killing 420man 12/20/18 06:15:20 PM
#518   * * $WFT Video Chart 12-20-18 * * ClayTrader 12/20/18 05:25:29 PM
#517   WOOH!! This really SHI* the bed today. I'm Mindsplit 12/20/18 04:46:53 PM
#516   yo what is up,my kind of price.... jablome 12/20/18 04:13:11 PM
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