WFT - Weatherford International plc

NYSE - Nasdaq Real Time Price. Currency in USD
0.3656
0.0000 (0.00%)
At close: 4:02PM EDT
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Previous Close0.3656
Open0.3649
Bid0.0000 x 1000
Ask0.0000 x 21500
Day's Range0.3599 - 0.4083
52 Week Range0.0480 - 3.7100
Volume42,471,610
Avg. Volume26,276,118
Market Cap366.817M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Goldman Credit Traders Slip Up in Oil Company's Surprise Bust
    Bloomberg12 hours ago

    Goldman Credit Traders Slip Up in Oil Company's Surprise Bust

    Goldman Sachs’s credit traders had positioned themselves through a default-swaps wager that would have benefited if Weatherford managed to avoid near-term death, even if its longer-term prospects remained bleak, according to people with knowledge of the matter. The trade is notable for its sudden collapse and is likely to rank among the duds this quarter for the leveraged-finance trading team led by Tom Malafronte. In this case, the desk was selling short-dated credit swaps contracts, expecting Weatherford to avoid default over the next year while purchasing longer-term derivatives that would still benefit from an eventual collapse for the oilfield services provider.

  • Weatherford plans to appeal NYSE delisting decision
    American City Business Journals6 days ago

    Weatherford plans to appeal NYSE delisting decision

    Weatherford's recent announcement that it would file for Chapter 11 bankruptcy protection was a factor in the NYSE moving forward with delisting the company.

  • Moody's10 days ago

    Weatherford International, LLC (Delaware) -- Moody's downgrades Weatherford to Ca

    Moody's Investors Service ("Moody's") downgraded Weatherford International Ltd.'s (Bermuda) (Weatherford, a Bermuda incorporated entity) Corporate Family Rating (CFR) to Ca from Caa2 and Probability of Default Rating to Ca-PD from Caa2-PD. Moody's also downgraded the senior unsecured notes of both Weatherford and Weatherford International, LLC (Delaware) (Weatherford LLC, incorporated in Delaware) to Ca from Caa3.

  • Weatherford (WFT) Posts Wider Q1 Loss (revised)
    Zacks10 days ago

    Weatherford (WFT) Posts Wider Q1 Loss (revised)

    Weatherford International's (WFT) first-quarter 2019 loss is wider than expected. The stock is down 60% in the pre-market trading session.

  • Weatherford Bankruptcy: Oil & Gas Company Set to File Chapter 11
    InvestorPlace10 days ago

    Weatherford Bankruptcy: Oil & Gas Company Set to File Chapter 11

    Weatherford bankruptcy news has WFT stock falling on Monday.Source: Via FlickrWeatherford (NYSE:WFT) is planning to restructure its debt through the use of the Chapter 11 bankruptcy. The goal of the Weatherford bankruptcy is to have the company reduce its total debt by $5.80 billion.According to documents filed with the U.S. Securities and Exchange Commission, the Weatherford bankruptcy will have the company canceling existing unsecured notes. These notes will be changed for 99% of the common stock of the reorganized Company and $1.25 billion of new tranche B senior unsecured notes to be issued by the reorganized Company with a seven-year maturity.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlso part of the Weatherford bankruptcy are plans to cancel existing equity. The company instead exchange this for 1% of the New Common Stock. It will also offer three-year warrants to purchase 10% of the New Common Stock.So why exactly is a Weatherford bankruptcy taking place? That's easy enough. The company has been building up debts over the years that it needs to pay down. Even worse is the fact that it hasn't turned a profit in more than four years. It's hard to reduce debt when the company can't even make money. * 7 Dividend Stocks to Buy as the Trade War Reignites The Weatherford bankruptcy news comes alongside a poor earnings report for the first quarter of 2019. This includes losses per share of 48 cents on revenue of $1.346 billion. Wall Street was looking for losses per share of 13 cents on revenue of $1.348 billion for the period.WFT stock was down 3% as of Monday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy as the Trade War Reignites * 10 Stocks That Could Squeeze Short Sellers, Including CGC * 5 Tech Stocks Getting Crushed As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Weatherford Bankruptcy: Oil & Gas Company Set to File Chapter 11 appeared first on InvestorPlace.

  • Stock Market News For May 13, 2019
    Zacks10 days ago

    Stock Market News For May 13, 2019

    Markets pared losses to close in the green on Friday after Steven Mnuchin stated that trade talks between the United States and China were constructive.

  • Reuters10 days ago

    Weatherford says expects to file pre-packaged bankruptcy plan

    Oilfield services provider Weatherford International Plc said on Monday it would soon have debtor-in-possession financing that would allow it to file a plan for Chapter 11 bankruptcy and emerge quickly ...

  • Weatherford plans to file for Chapter 11 bankruptcy protection to eliminate $5.8B in debt
    American City Business Journals10 days ago

    Weatherford plans to file for Chapter 11 bankruptcy protection to eliminate $5.8B in debt

    Weatherford has been working to divest assets over the past year or so, and the company recently asked shareholders to approve a reverse stock split in an effort to avoid delisting.

  • Quarterly Results Dragged Down These Energy Stocks Last Week
    Market Realist10 days ago

    Quarterly Results Dragged Down These Energy Stocks Last Week

    What Happened in the Energy Sector Last Week(Continued from Prior Part)Energy stocksIn the week ending on May 10, oilfield services stock Weatherford International (WFT) fell the most among the stocks in the energy space. The stocks are included in

  • Stocks making the biggest moves premarket: Disney, Teva Pharmaceuticals, Uber, Pinterest & more
    CNBC10 days ago

    Stocks making the biggest moves premarket: Disney, Teva Pharmaceuticals, Uber, Pinterest & more

    These are the stocks posting the largest moves before the bell.

  • Rigzone.com11 days ago

    Weatherford Expects to File for Chapter 11

    Weatherford executes a restructuring support agreement with a group of its senior noteholders.

  • Reuters13 days ago

    Oilfield services firm Weatherford to file for Chapter 11 bankruptcy

    The company, which at its peak was valued at more than $50 billion (£38.4 billion), never recovered from the 2014 oil price collapse. Efforts under Chief Executive Officer Mark McCollum to quickly sell assets and pare debt struggled. Weatherford expects to reduce its long-term debt by more than $5.8 billion, through the restructuring.

  • MarketWatch13 days ago

    Weatherford shares plunge on plans to file for Chapter 11 bankruptcy

    Weatherford International Ltd. shares plunged in the extended session Friday after the oilfield services company said it planned to file for Chapter 11 bankruptcy protection. Weatherford shares dropped 67% after hours, following a 3.8% decline to close the regular session at 37 cents. In a Securities and Exchange Commission filing late Friday, Weatherford said "the market outlook for our company and the energy sector continues to be constrained due to the uncertainty of anticipated activity particularly in North America, including lower spending by many of our customers resulting in lower than expected benefits from our transformation." Because of those uncertainties and tightened access to credit "the company believes that it will not be able to generate sufficient liquidity to service all of its debt and other obligations or comply with its debt covenants at some point within the next twelve months" and that these "conditions raise substantial doubt about our ability to continue as a going concern." In February, Weatherford's stock got a boost following a report of positive cash flow.

  • Here’s What Hedge Funds Think About Weatherford International plc (WFT)
    Insider Monkey14 days ago

    Here’s What Hedge Funds Think About Weatherford International plc (WFT)

    Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]

  • JPMorgan Presses Weatherford Over Debt Load
    Bloomberg15 days ago

    JPMorgan Presses Weatherford Over Debt Load

    JPMorgan Chase & Co., the agent for the lenders, picked consultants at FTI Consulting Inc. to evaluate Weatherford’s financial condition, performance and strategic plan, according to people with knowledge of the matter. The hiring was disclosed by JPMorgan in a notice, reviewed by Bloomberg, for holders of Weatherford’s first-lien term loan, the people said.

  • Weatherford delays filing quarterly report, driving stock down
    American City Business Journals15 days ago

    Weatherford delays filing quarterly report, driving stock down

    Weatherford International PLC (NYSE: WFT), which has its main U.S. office in Houston, has delayed releasing its first-quarter earnings report, which was supposed to come out May 8. The oil field services company now plans to release the report and file it with the U.S. Securities and Exchange Commission on May 10, but the associated conference call to discuss results will be canceled. Weatherford’s stock fell to 36.5 cents per share on the news the morning of May 8 before settling around 37.6 cents per share, down about 17.6 percent, in late afternoon trading, according to Yahoo Finance.

  • Why Weatherford International Stock Is Plunging Again Today
    Motley Fool15 days ago

    Why Weatherford International Stock Is Plunging Again Today

    The beleaguered oil-field service company postponed a key report.

  • Is the Options Market Predicting a Spike in Weatherford International (WFT) Stock?
    Zacks16 days ago

    Is the Options Market Predicting a Spike in Weatherford International (WFT) Stock?

    Investors need to pay close attention to Weatherford International (WFT) stock based on the movements in the options market lately.

  • Energy Sector: Market Punished OFS Stocks the Most
    Market Realist17 days ago

    Energy Sector: Market Punished OFS Stocks the Most

    Energy Weekly: Will US Crude Oil Hold $60?(Continued from Prior Part)Energy stocksIn the week ending on May 3, oilfield services stock Weatherford International (WFT) fell the most among the stocks in the energy space. The stocks are included in

  • Rigzone.com18 days ago

    Weatherford Unveils New Managed Pressure Drilling Technology

    The Houston-based oilfield services company launches a new intelligent managed pressure drilling (MPD) technology which can be deployed in deepwater, shallow water or on land.

  • Why Weatherford International Stock Is Soaring Today
    Motley Fool20 days ago

    Why Weatherford International Stock Is Soaring Today

    The troubled oil-field service company is enjoying a bounce back.

  • Why Weatherford International Stock Is Plunging Today
    Motley Fool22 days ago

    Why Weatherford International Stock Is Plunging Today

    The financially challenged oilfield service company is trying to remain on a major stock exchange.

  • Weatherford International (WFT) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
    Zacks22 days ago

    Weatherford International (WFT) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

    Weatherford (WFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Weatherford completes $256M of divestitures, proposes reverse stock split
    American City Business Journals22 days ago

    Weatherford completes $256M of divestitures, proposes reverse stock split

    Weatherford was notified in December that it was at risk of being delisted from the NYSE because of its low stock price per share.

  • Moody's27 days ago

    Weatherford International Ltd. (Bermuda) -- Moody's announces completion of a periodic review of ratings of Weatherford International Ltd. (Bermuda)

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Weatherford International Ltd. (Bermuda) and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.