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Weatherford International provides equipment and services used for drilling oil and natural gas.
can't dig without machinery.
Energy play....they will be bought out....
Cheap price for this company
As investors flee, insiders are buying. They know the reason why. Not so bad.
It is set to soar
Weatherford has been underperforming the market for the last year and is having financial issues which has prevented it from filing its 10-Q for the period ended 6/30/12. This is never a good thing. Bail now while you can!
Undervalued at current price. It may also be a take-over target.
NG play with domestic oil exposure
green fracking??? WTF now all i need is a dividend!!!
Is this stock ever going to recover? The company seems to be making money - the highest quarter in its history - but I am sure not.
This company produces the oil drilling equipment that is needed in the new oil shelf plays in the Bakken.
This stock is hardly expensive, it performed very well last quarter, it has tremendous upside. It trades between 60-70% of its peak stock price.
As long as Obama is in office, oil will keep rising..
good growth stock.
Covestor Model Manager Mark Holder bought WFT in his Opportunistic Arbitrage Covestor Model ( http://covestor.com/Mark-Holder )
Financials bad but with believe this company will rebound
Recently had accounting issues which dropped the price. Hopefully this is a short term price drop and a great by price today March 7, 2011
Books may be cooked, but the outlook for a short term rebound is good. This is an older, established oil service company, not a fly by night .com. They should rebound, and with oil climbing even a leaking boat will float.
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