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Weatherford Announces First Quarter 2022 Results PR Newswire Revenues of $938 million increased 13% year-over-year Operating income totaled $18 million and adjusted EBITDA [1] totaled $151 million , or 16% adjusted EBITDA margins representing increa...
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U.S. oilfield services companies Schlumberger (NYSE:SLB), Halliburton (HAL), Baker Hughes (BKR) and Weatherford International (WFRD) are joining an appeal to the Biden administration for authorizations to restart oil drilling in Venezuela, Reuters reported Thursday. The four firms have been b...
Update 11:28am: Adds positions exited, fund performance. International Seaways Inc. (NYSE:INSW) rose 1.3% after David Einhorn's hedge fund took a new small position in the owner and operator of oil tankers and product carriers. Other new small positions include Ryanair Holdings (NASDAQ:R...
International Seaways Inc. (NYSE:INSW) rose 1.3% after David Einhorn's hedge fund took a new small position in the owner and operator of oil tankers and product carriers. Other new small positions include Ryanair Holdings (NASDAQ:RYAAY), TD Synnex (NYSE:SNX), Southwestern Energy (NYSE:SW...
Oilfield services stocks have been major beneficiaries of rising crude oil prices, and Piper Sandler upgraded Schlumberger (NYSE:SLB) on Monday to Overweight from Neutral with a $55 price target as part of a larger re-rating of the industry. The shortages of rigs and other supplies today are ...
The Biden administration "very likely" will extend a license for Chevron's (NYSE:CVX) to operate in Venezuela, the chair of the ad-hoc board of the PDVSA state-run oil company said Thursday, according to Reuters. An extension would not mean anything different to Chevron's current terms of ope...
Weatherford Announces First-Quarter 2022 Conference Call PR Newswire HOUSTON , March 30, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") will host a conference call on Thursday, April 28, 202...
Weatherford Announces Update on Russia Operations PR Newswire HOUSTON , March 20, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") today announced the following update to its Russia operati...
Weatherford Releases 2021 Annual Report PR Newswire HOUSTON , March 17, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) (" Weatherford " or the "Company") announced the release of its 2021 Annual Report. The interactive and fully dig...
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Revenues of $1,405 million increased 3.5% sequentially and 10% year-over-year, driven by international revenue growth of 6% sequentially and 14% year-over-year Operating income of $264 million increased 13% sequentially and 31% year-over-year Net income of $125 million increased 12% seque...
HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Steven Beringhause as a director with a term expirin...