Weatherford International plc WFRD

Energy Oil & Gas Equipment & Services

Weatherford International plc is a global energy services company. It provides equipment and services used in the drilling, evaluation, well construction, completion, production, intervention, and responsible abandonment of wells in the oil and natural gas exploration and production industry as well as new energy platforms. It operates through three segments: Drilling and Evaluation (DRE), Well Construction and Completions (WCC), and Production and Intervention (PRI). DRE offers a suite of services, including managed pressure drilling, drilling services, wireline, and drilling fluids. WCC offers products and services for well integrity assurance across the full life cycle of the well. It offers tubular running services, cementation products, completions, liner hangers, and well services. PRI offers production optimization technologies. Its offerings are intervention services and drilling tools, artificial lift, digital solutions, sub-sea intervention, and pressure pumping services.

NDAQ:WFRD - Post by User

Weatherford International plc > going up

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Comment by Etrain1on Jan 07, 2019 11:57am

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Post# 29195100

RE:going up

WFT has had a great recovery from it's 22C low although I think at 50C it's still CHEAP. Should be in the $1-1.50 range in my opinion. Yes I'm aware of the debt although they are making some smart moves towards their financial woes and if oil can rally to $55-60 again this stock will be easily in the $1.50-2 range. My only regret is not buying in that 22-25C range...

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