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Zacks News
Weatherford to Slash Debt With Laboratory Business Divestment
by Zacks Equity Research
Weatherford (WFT) expects to generate $205 million through the sale of the laboratory services business.
Weatherford International (WFT) Q3 Earnings Preview: What's Shaping Up?
by Zacks Equity Research
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.
Nine Energy and Magnum Oil Tools Sign $493M Takeover Deal
by Zacks Equity Research
The agreement reflects Nine Energy's (NINE) intention of gaining access to premium equipment or downhole tools of Magnum Oil Tools.
Schlumberger-TGS to Work on Multiclient Nodal Seismic Project
by Zacks Equity Research
Schlumberger (SLB) and TGS will reimage underlying WAZ seismic data for delivery to clients.
4 Lagging Energy Companies Likely to Turn Around in Q4
by Nilanjan Choudhury
Stocks that fit the bill include energy biggies like Chevron Corporation (CVX) and Weatherford International plc (WFT).
Halliburton's (HAL) Shares Decline 6% on Drab Q3 Outlook
by Zacks Equity Research
Reduction in North American activities amid pipeline constraints and slower-than-expected ramp up of the Middle East contacts will likely impact Halliburton's (HAL) third-quarter earnings.
Weatherford (WFT) Q2 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
Weatherford's (WFT) Q2 results hurt by lesser number of offshore projects in West Africa and Asia.
Weatherford (WFT) Q2 Loss Narrower than Expected
by Zacks Equity Research
Weatherford's (WFT) second-quarter 2018 impacted by the adverse impact of pressure pumping operations as well as lower product sales.
Weatherford International (WFT) Reports Q2 Loss, Lags Revenue Estimates
by Zacks Equity Research
Weatherford (WFT) delivered earnings and revenue surprises of 11.11% and -1.63%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
Weatherford (WFT) to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
Weatherford's (WFT) second-quarter 2018 results to gain from higher commodity prices. However, weak cash flow is a concern.
Weatherford (WFT) to Divest Land Drilling Rigs to Lower Debt
by Zacks Equity Research
Weatherford (WFT) to raise $287.5 million from the sale of land drilling rig operations in Algeria, Kuwait and Saudi Arabia and also two idle rigs in Iraq.
Implied Volatility Surging for Weatherford (WFT) Stock Options
by Zacks Equity Research
Weatherford (WFT) needs investors to pay close attention to the stock based on moves in the options market lately.
Weatherford (WFT) Plans to Divest Laboratories Business
by Zacks Equity Research
Per sources, Weatherford (WFT) intends to use the proceeds from the sale of its laboratories business to lower debt burden.
Is Weatherford (WFT) About to Divest a Major Business Unit?
by Zacks Equity Research
To support operations and strengthen balance sheet, Weatherford (WFT) is relying on asset divestments, which is part of its business restructurings.
Weatherford (WFT) Posts Narrower-Than-Expected Loss in Q1
by Zacks Equity Research
Weatherford (WFT) first-quarter 2018 results hurt by adverse impact of pressure pumping operations and lower product sales.
Weatherford International (WFT) in Focus: Stock Moves 6.6% Higher
by Zacks Equity Research
Weatherford International (WFT) was a big mover last session, as the company saw its shares rise more than 6% on the day amid huge volumes.
Options Traders Expect Huge Moves in Weatherford (WFT) Stock
by Zacks Equity Research
Weatherford (WFT) needs investors to pay close attention to the stock based on moves in the options market lately.
Weatherford (WFT) Q1 Loss Narrower than Expected
by Zacks Equity Research
Weatherford's (WFT) first-quarter 2018 impacted by the adverse impact of pressure pumping operations as well as lower product sales.
Weatherford (WFT) to Report Q1 Earnings: What's in the Cards?
by Zacks Equity Research
Weatherford's (WFT) first-quarter 2018 results to gain from higher commodity prices. Weak cash flow is a concern.
National Oilwell (NOV) Hits 52-Week High: More Growth Ahead?
by Zacks Equity Research
National Oilwell (NOV) expects to deliver year-over-year growth of 12% and 162% in its revenues and earnings, respectively, in 2018.
Is the Options Market Predicting a Spike in Weatherford International (WFT) Stock?
by Zacks Equity Research
Surging implied volatility makes Weatherford International (WFT) stock lucrative to the option traders.
Texas & North Dakota Witness Increase in Onshore Rig Count
by Zacks Equity Research
The natural gas rig count of 188 was up from 181 for the week ended Mar 2. With this, the tally increased four times in the last five weeks.
Marcellus Shale Play Witnesses Increase in Natural Gas Rigs
by Zacks Equity Research
The number of rigs exploring natural gas and oil in the United States increased, courtesy of the addition of two gas rigs in Marcellus shale play.
Permian Basin & Cana Woodford Witness Increase in Oil Rigs
by Zacks Equity Research
The number of rigs exploring oil and natural gas in the United States increased, courtesy of the addition of two oil rigs in each of Permian basin and Cana Woodford resources.
Is the Options Market Predicting a Spike in Weatherford (WFT) Stock?
by Zacks Equity Research
Investors need to pay close attention to Weatherford (WFT) stock based on the movements in the options market lately.