|Bid||0.7990 x 1400|
|Ask||0.7999 x 1100|
|Day's Range||0.7509 - 0.8100|
|52 Week Range||0.7509 - 4.4100|
|Beta (3Y Monthly)||3.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 31, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.25|
On November 2–9, upstream stock Denbury Resources (DNR) fell the most on our list of energy stocks. However, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.6%—the lowest gainer among the major energy subsector ETFs that we discussed in Part 3. On November 8, Denbury Resources announced its third-quarter earnings results. The company reported an adjusted income of $0.13 per diluted share—compared to analysts’ consensus estimates of $0.11 per share.
Vero™ Automated Connection Integrity Replaces Human Judgment with Artificial Intelligence BAAR, Switzerland , Nov. 11, 2018 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) is introducing Vero automated ...
BAAR, Switzerland, Nov. 7, 2018 /PRNewswire/ -- Weatherford International plc (WFT) (the "Company" or "Weatherford") today announced it has been awarded a four-year contract with a one-year optional extension to provide drillpipe riser (DPR) intervention systems and services for Petróleo Brasileiro S.A. ("Petrobras") in Brazil. Weatherford commenced its DPR operations in Brazil in 2003 by closely cooperating with Petrobras to develop a system that runs completions and land trees in deep water.
Weatherford (WFT) third-quarter 2018 results were affected by lower activity in the U.S. and Middle East along with unfavorable foreign exchange impacts.
BAAR, Switzerland, Nov. 1, 2018 /PRNewswire/ -- Weatherford International plc (WFT) (the "Company" or "Weatherford") today announced it has completed the sale of its land drilling operations in Kuwait, including 12 drilling rigs to ADES International Holding Ltd. for $123 million in cash, and an additional $12 million in cash pending the delivery of two idle land drilling rigs in South Iraq. In July 2018, a subsidiary of Weatherford signed a definitive agreement with ADES International Holding Ltd. for the sale of Weatherford's land drilling rig operations in Algeria, Kuwait and Saudi Arabia as well as two idle land rigs in Iraq, for an aggregate cash purchase price of $287.5 million (the "Transaction").
Investors need to pay close attention to Weatherford (WFT) stock based on the movements in the options market lately.
Investors continued to run away from the beleaguered oil services company after Monday's third-quarter report.
Shares of U.S. oilfield services provider Weatherford International fell sharply on Monday after the company's free cash flow and fourth-quarter guidance fell below analysts' expectations. In the third quarter, Weatherford reported over $7.6 billion in long-term debt. Weatherford's stock was down about 9 percent at $1.80 a share in early trading on the New York Stock Exchange.
Weatherford (WFT) delivered earnings and revenue surprises of 23.08% and -4.74%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
U.S. oilfield services provider Weatherford International reported a smaller third-quarter loss on Monday, helped by higher margins and more projects in Argentina and Mexico. Net loss attributable to Weatherford ...
On a per-share basis, the Baar, Switzerland-based company said it had a loss of 20 cents. Losses, adjusted for non-recurring costs, came to 10 cents per share. The results topped Wall Street expectations. ...
BAAR, Switzerland , Oct. 29, 2018 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) reported a net loss of $199 million , or a loss of $0.20 per share, for the third quarter of 2018. This compares ...
Weatherford (WFT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The oilfield-service company said it is selling its laboratory and geological analysis business, including personnel and associated contracts. ’s Carlyle Energy Mezzanine Opportunities Fund II LP will provide minority common equity and growth capital to CSL as part of the deal. Weatherford said it will use proceeds from the sale, which it expects to complete before the end of the year, to reduce debt.
Weatherford Interntional PLC (NYSE: WFT), which has its main U.S. office in Houston, has reached a deal to sell its laboratory services business for $205 million, according to an Oct. 22 press release. News broke earlier this year that Weatherford was considering selling the business. The buyer is a group led by Houston-based investment firm CSL Capital Management LP that also includes Carlyle Energy Mezzanine Opportunities Fund II LP. The Carlyle Group (Nasdaq: CG) fund will provide minority common equity and growth capital. The divestiture includes Weatherford’s laboratory and geological analysis business, including personnel and associated contracts.
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.
NEW YORK, Oct. 22, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Cramer says that if oil were really ready to roar, the oil service stocks would be flying, because these companies make a fortune when producers open up the drilling spigot, and that’s not happening.