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Weatherford International Ltd (WFT)

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Last Post: 5/17/2018 10:25:50 AM - Followers: 30 - 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 Sells 50 Percent of Sunita Hydrocolloids Inc. Joint Venture 07/20/2018 06:55:00 AM
WFT News: Weatherford Sells 50 Percent of Sunita Hydrocolloids Inc. Joint Venture 07/20/2018 06:55:00 AM
WFT News: Current Report Filing (8-k) 07/11/2018 04:33:50 PM
WFT News: Weatherford to Sell Drilling Rigs business in Kuwait, Saudi Arabia and Algeria 07/11/2018 04:30:00 PM
WFT News: Weatherford to Sell Drilling Rigs business in Kuwait, Saudi Arabia and Algeria 07/11/2018 04:30:00 PM
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#424   Hello Clay, good to hear from you. PennyP1cker 05/09/18 02:42:37 AM
#423   * * $WFT Video Chart 05-08-18 * * ClayTrader 05/08/18 05:16:44 PM
#422   Jim Cramer was asked about WFT on Mad PennyP1cker 05/01/18 03:01:54 PM
#421   This train is headed higher ! StockNinja33 04/25/18 11:30:01 AM
#420   A lot of winners in pre-market action here -NightTrain- 04/24/18 09:01:48 AM
#419   WFT- Trade it or fade it? I PennyP1cker 04/17/18 02:22:08 PM
#418   * * $WFT Video Chart 04-05-18 * * ClayTrader 04/05/18 05:01:23 PM
#417   Cant stop flipping this ticker ! Nothing but $$$$$$$$ Slinging it 03/21/18 06:00:12 PM
#416   SunTrust is very bullish per your post. PennyP1cker 03/13/18 08:40:02 PM
#415   Weatherford Target Price conix 03/12/18 02:21:43 PM
#414   Good questions, but outside my area of expertise. wadirum1 03/05/18 12:26:59 PM
#413   If WFT was to merge with a competitor, PennyP1cker 03/03/18 03:34:16 PM
#412   Yes, it is a bullish sign to see wadirum1 03/02/18 11:44:04 AM
#411   The good news is that WFT is raising PennyP1cker 03/01/18 07:59:47 PM
#410   WFT has a pincher forming. If it wadirum1 03/01/18 12:01:08 PM
#409   LOL, I screwed the pooch getting back in wadirum1 03/01/18 11:42:19 AM
#408   Still watching, but printed new 52w low today, naturalborninvestor 03/01/18 10:49:15 AM
#407   This board is dead. I added more wadirum1 02/28/18 02:12:43 PM
#406   Back in at 2.78. wadirum1 02/28/18 09:51:26 AM
#405   Out at 2.97. wadirum1 02/22/18 10:37:09 AM
#404   They are replacing bonds coming due in 2018 wadirum1 02/22/18 09:01:21 AM
#403   That would be extremely sleazy, but in this wadirum1 02/21/18 06:18:39 PM
#402   How sleazy! Announcing a buyback of bonds in naturalborninvestor 02/21/18 06:08:57 PM
#401   WFT making a run at $3. wadirum1 02/21/18 01:05:27 PM
#400   Looking sweet! Go WFT! wadirum1 02/21/18 10:57:31 AM
#399   WFT forming a PPO/ADX pincher: wadirum1 02/20/18 01:47:59 PM
#398   Stochastics curling UP! wadirum1 02/20/18 01:42:25 PM
#397   Morningstar's Preston Caldwell recently came out with a PennyP1cker 02/17/18 03:37:54 PM
#396   What I meant to say was that if PennyP1cker 02/16/18 05:14:47 PM
#395   I jumped back in at $2.76. wadirum1 02/16/18 10:25:20 AM
#394   Ok, the outperform was maintained, the upgrade was naturalborninvestor 02/11/18 04:18:31 PM
#393   So you think it's going to $1 but naturalborninvestor 02/11/18 04:15:56 PM
#392   Analyst upgrade: PennyP1cker 02/10/18 07:20:07 AM
#391   Quarterly revenue up... PennyP1cker 02/10/18 12:22:01 AM
#390   In order for stocks like WFT and CHK PennyP1cker 02/09/18 03:16:41 PM
#389   I was thinking about buying WFT but then PennyP1cker 02/08/18 04:31:12 PM
#388   1/6: WFT maintained at OUTPERFORM by Credit Suisse. Saskey 02/07/18 09:53:47 AM
#387   1/6: WFT maintained at BUY by Loop Capital. Saskey 02/07/18 09:53:14 AM
#386   * * $WFT Video Chart 02-05-18 * * ClayTrader 02/05/18 05:28:23 PM
#385   * * $WFT Video Chart 01-02-18 * * ClayTrader 01/02/18 05:07:50 PM
#384   I could not resist picking up WFT at 3.43 crowin 01/02/18 03:44:41 PM
#383   Glad I dumped my shares at a small gain. wadirum1 12/06/17 11:30:53 AM
#382   The chart looks good and the market seems wadirum1 12/01/17 03:29:41 PM
#381   I guess we will find out. wadirum1 12/01/17 08:02:18 AM
#380   WTF!!? 64M shares traded after close. I'm h78h78hh 11/30/17 06:36:48 PM
#379   Yeah I thought that would have been a l_winthorpe 11/28/17 10:26:30 PM
#378   Hmmmm. Glad I didn't buy more of wadirum1 11/28/17 12:01:43 PM
#377   Market evidently wasn't thrilled with WFT saying it wadirum1 11/27/17 06:35:12 PM
#376   Yeah I realize that. I was just trying l_winthorpe 11/22/17 09:56:29 PM
#375   There are NEVER guarantees when investing in stocks. wadirum1 11/21/17 03:30:44 PM