weatherford international

Weatherford International Plc (NYSE: WFT) shares are trading higher by $0.80 at $6.69 in Tuesday's session. The Street is exuberant that the company has named former Halliburton Company (NYSE: HAL) chief financial officer Mark McCollum as its president and CEO. That news has instigated comments...

In a note to clients on Monday, James Wicklund of Credit Suisse explained the benefits of buying certain companies in the oil sector, despite declining oil prices. "Due to the hyperbolic decline rates of unconventional production, U.S. supply growth will slow and the back-end of the...

Weatherford International (NYSE: WFT) is up more than two percent in after hours trading after the company announced its fourth quarter results. The firm reported a Q4 EPS of $0.07 versus the Street estimate of $0.13. Revenue came in at $3.74 billion, which is slightly below the Street's estimate...

J.P. Morgan is out with its report today on Weatherford International (NYSE: WFT), maintaining Neutral. In a note to clients, J.P. Morgan writes, "Overall, we are concerned international upstream spending may take longer to materialize; meanwhile, its larger competitors have emerged from the...

Citi reiterated its Buy rating on Weatherford International (NYSE: WFT). At the same time, Citi left its price target on the company's stock unchanged at $27. In a research report published today, Citi states, "Weatherford's poorly performing stock is unlikely to get a sustained lift from today's...

Gabelli is out with its report today on Weatherford International (NYSE: WFT), maintaining Buy. In a note to clients, Gabelli writes, "While disappointing earnings, weather and political disruptions, a pending Foreign Corrupt Practices Act investigation and a material weakness in internal controls...

Jefferies & Company has lowered the price target on Weatherford International (NYSE: WFT) from $28 to $26 and maintains its Buy rating.

In a report published by Gabelli, Weatherford Int'l's (NYSE: WFT) 2011 EPS estimate is reduced to $1.00 from $1.05. Gabelli said that it is reducing its 2011 EPS estimate to $1.00 from $1.05 and maintaining its 2012 estimate of $1.50. “Weatherford issued an 8-K last night announcing: Charles Greer...

In a report published by Jefferies, Weatherford Int'l (NYSE: WFT) shares should be reacting well. Jefferies said that WFT filed an 8K last night and cut its 1Q EPS guidance to $0.18 owing to disruptions in North Africa, weather around the world and a higher tax rate. “Importantly, WFT guided its...

Sterne Agee has downgraded Weatherford International (NYSE: WFT) from Buy to Neutral and has removed its latest price target. 

Dahlman Rose has published a research report on Weatherford International (NYSE: WFT) after the company reported 4Q10 earnings results that missed expectations. In the report, Dahlman Rose writes "The 4Q10 earnings season has shown that greater exposure to Western oil companies relative to National...

Jefferies is upgrading Weatherford International (NYSE: WFT) shares to Buy from Hold and raising price target to $27 from $19. “WFT's exposure to oily plays around the world and its operating leverage to rising international activity bodes well for the share performance over the next 9-12 months,”...