Word on the street is they are going to have a mixed bag for earnings again. Revenue will be good but eps will not be. Many analysts are optimistic the financial troubles will be behind them as they are nearing the end of their tax issues and US gov't investigation for doing business in Iran and Cuba. The problem with WFT is execution which is a result of a lack of talent and focus by managers. Too many worried about their own pockets instead of shareholders. HAL or SLB is the one to buy or even NOV if you want to be safe in this space.
Agree. There is a foul smell here. #$%$ is down 1.54 percent as I am typing.
Why? Why? Market at an all time high.
Somebody knows something.... There is a still a chance to take any profit on this one (count your stars).
Read the news on firms that "fudge" data and violate international law (dealing with the enemy)--- Then judge for yourself.