Weatherford International (WFTLF) is a tier 2 oil services company that was badly mismanaged for a decade before a new CEO, Mark McCollum, took over in 2017. McCollum, a Halliburton alumnus, began an aggressive campaign to restructure the business by high-grading the company's portfolio but couldn't outrun a bankruptcy filing in 2019. While his efforts did lead to improved financials, the company managed to exit Chapter 11 literally just before the oil industry cratered due to coronavirus demand destruction. It didn't take long for the market to price in a high likelihood of