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Weatherford International plc WFRD

Energy Oil & Gas Equipment & Services
Weatherford International plc is a global energy services company. The Company is engaged in providing 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. PRI offers a suite of reservoir stimulation designs, and engineering capabilities that isolate zones and unlock reserves in conventional and unconventional wells, deep water, and aging reservoirs. Its platforms include ForeSite, CygNet, and CENTRO.


NDAQ:WFRD - Post by User

Weatherford International plc
Bullboard Posts
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(27)
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Post by PTBaileyon May 15, 2019 9:58am
367 Views
Post# 29749553

What now?

What now?Since I am not a highly experienced investor and have 10,000 shares in this company which are now close to worthless, what is the expectation? Is this still a buy? How will being on the OTC affect the stock? Will this company fold?

Appreciate any insights.
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