What century did WFT make profit?
And guess who is on the list ????
http://wtop.com/money/2015/12/25-worst-performing-ceos/
Is WFT the industries worst managed company?
Another huge 1.8 billion dollar loss today and the CEO says he is "optimistic". Should he be optimistic about his own job? This guy is a serial deliverer of underperformance, cheating the books and strategic ignorance. Anywhere else he would have... — read more
WFT has tangible GAAP equity (Equity less goodwill) of -$800MM.
Does that mean WFT really insolvent?
Any prudent auditor would have caught WFT's tax fraud scheming...
how in the world did a Big 4 behemoth miss it?
WFT in serious difficulties and the smart money says will go "belly up" before Christmas.
Hang on for a bumpy ride.
Avoid Wft.
http://seekingalpha.com/article/4013888-avoid-weatherford
Party
When is the going away party happening for those being sent to Geneva. I am really looking forward to it.
PwC Faces $1B Fine For MF Global Debacle. Are Weatherford's Auditors At Risk For $3B Insolvency?
http://www.newyorkshockexchange.com/content/view/998/37/
Time to drain the swamp
The swamp needs to be drained from the horrible direction this company has been going. We all know who to start with. Too many chiefs and not enough indians
WFT International vs. Chris Bechtel
Anyone reading the depositions from the case? It's fascinating to see how crooked those Omni people are. Whoever was at the town hall meeting leaked privileged information to Camille and she leaked it to Bechtel. Everyone in attendance of that town... — read more
New Hiring
They are starting to hire for engineering positions, so how safe are these jobs?
BANKRUPTCY
BANKRUPTCY IS IN THE WORKS..
Lay offs?
Has there been more talks about lay offs again? There have been so many position movements. What is going on. Or is this downturn over.
WFT announces Geneva structure
All people who are being relocated to Geneva have been holding the company back. This should also make for SJP being much more productive.
How to Save WFT
The employees could buy up the stock and vote D.D. out, along with most or all of the board.
401k match
I wonder if this latest announcement regarding the penalty payment, has any affect when the 401k match would return.
Weatherford was caught , CEO didn't face consequences.
http://www.houstonchronicle.com/business/columnists/tomlinson/article/Weatherford-CEO-should-resign-for-earnings-scandal-9694544.php "Duroc apparently feels no responsibility foe what Hudgins and Katy did, and the company refuses to acknowledge... — read more
One More Misstep By Weatherford And Howls For Bernard Duroc-Danner's Head Could Deafen
http://www.newyorkshockexchange.com/content/view/1026/37/
Is the WFT ESPP the new Ponzi scheme ?
Appear that it is
Weatherford Named Oilfield Services Company of the Year at 2016 Oil & Gas Middle East Awards
gee, i wonder how they got this award. http://www.newson6.com/story/33335229/weatherford-named-oilfield-services-company-of-the-year-at-2016-oil-gas-middle-east-awards
Houston Chron article - BDD must step down
Duroc-Danner didn't question the company's success, and Hudgins demanded to become a corporate officer. When the promotion wasn't forthcoming, the SEC says he wrote an angry email to Duroc-Danner in late 2008. "I'm very upset that I'm not an officer... — read more
No clawbacks against CEO
WFT issued false financials 2007-2012 Inflating earnings by 900million in total. The CEO is either incompetent or complicit. C. All of the above
Employee Stock Purchase Plan
Can you trust it, with all the fraud being uncovered at management levels.
Tax Accounting Fraud___Latest
Weatherford to pay $140M penalty
Longview Distribution is run by a little "hands in his pocket" young kid. The "higher ups" love his ideas. Smh
They love his ideas so much that they started to follow suit.... put it off on other people. You have a problem deal with it yourself, Inventory problems you deal with it your self... a problem with dealing with pulling and packing the product... you... — read more
http://www.newyorkshockexchange.com/content/view/1023/37/
Weatherford SEC Fraud Case: 4 Shocking Revelations
US health insurance
Any know how much they are going up on premiums for 2017?
Weatherford stock at 23.68
Close of business day on September 1, 2014. How far we have fallen.
Layoffs?
Are layoffs complete or is more being cut?
Newfoundland offshore and onshore.
Anyone know what's up with newfoundland operations as of lately?
Geneva
Why are so many people moving to Geneva, all the names I get told should be on the riff list.
A lot of our Board of Directors have been selling their stock. Cut and paste the following link: Fat getting fatter and were faced with cut back
http://finance.yahoo.com/quote/WFT/holders?p=WFT