http://www.zerohedge.com/news/2016-02-05/north-dakotas-economy-has-been-completely-devastated-oils-collapse
Weatherford under investigation for falsifying financial results in Q4 by cheating the books again.
Fraud charges are imminent.
Weatherford International Plc Stock Soars on Fourth-Quarter Results - The joke is on the 6000 RIFed workers
http://www.nasdaq.com/article/weatherford-international-plc-stock-soars-on-fourth-quarter-results-cm575072
More layoffs
http://www.bizjournals.com/houston/morning_call/2016/02/weatherford-to-cut-thousands-of-additional-jobs.html
In addition, as we continue to face harsh market conditions, we plan to reduce our cost structure by effecting a further headcount reduction of
In addition, as we continue to face harsh market conditions, we plan to reduce our cost structure by effecting a further headcount reduction of 6,000 which we expect to have completed during the first half of 2016. We will also close another 9... — read more
What everyone's been waiting for.... Update
http://www.nasdaq.com/press-release/weatherford-reports-fourth-quarter-and-2015-annual-results-20160203-01268
Axing heads in odessa tx
Lost 4 in drilling tools thus far more expected to come.
Earnings Reaction History: Weatherford International Inc, 60.0% Follow-Through Indicator, 3.9% Sensitive
http://www.nasdaq.com/article/earnings-reaction-history-weatherford-international-inc-600-follow-through-indicator-39-sensitive-cm574442
I feel bad for the employees that don't know how long they will have jobs. Very stressful. Its not the employees fault oil has gone to shit.
Fingers crossed for all.
Oil could double despite OPEC supply flood
https://www.yahoo.com/finance/news/oil-prices-rising-165500287.html
Breaking News
Hayden Harn is a fat piece of shit..
Weatherford (WFT): What's in Store this Earnings Season?
http://www.nasdaq.com/article/weatherford-wft-whats-in-store-this-earnings-season-cm573213
Stressed Out: Weatherford Can't Weather This Storm
http://realmoney.thestreet.com/articles/02/01/2016/stressed-out-weatherford-cant-weather-storm?puc=stocktwits&cm_ven=STOCKTWITS&utm_source=dlvr.it&utm_medium=organic&utm_campaign=stocktwits
Weatherford Earnings Preview
http://seekingalpha.com/article/3853186-weatherford-earnings-preview
Schlumberger's Margins are Still Declining, But They're the Best of the Bunch
http://www.financialnews.fyi/primary-news-sources/the-motley-fool/royal-dutch-shell-bg-merger-got-the-green-light-now-what/
Oil Is Crashing After Hedge Fund Bulls Pile In At Fastest Pace Since 2010
http://www.zerohedge.com/news/2016-02-01/oil-crashing-after-hedge-fund-bulls-pile-fastest-pace-2010
Will 2016 Be Weatherford International's Best Year Yet?
http://www.nasdaq.com/article/will-2016-be-weatherford-internationals-best-year-yet-cm571497
What do the safety boys do all day?
Sleep----it's crazy!
My Prediction: 25% global for the first quarter of 2016
Second quarter of 2016, they will eliminate another 15% of the global workforce.
WFT CUT TO MANY EMPLOYEES - SERVICES NOT PERFORMING - BANKRUPTCY COMING
Weatherford: A Steeper Protracted Downturn Could Lead To Bankruptcy Jan. 28, 2016 11:43 AM ET | 2 comments | About: Weatherford International Ltd. (WFT) Disclosure: I/we have no positions in any stocks mentioned, but may initiate a short position in... — read more
Weatherford: A Steeper Protracted Downturn Could Lead To Bankruptcy
http://seekingalpha.com/article/3843176-weatherford-steeper-protracted-downturn-lead-bankruptcy
More LAYOFFS THIS WEEK
Better start looking for another job!
More LAYOFFS THIS WEEK
Better start looking for another job!
Word on the street.
The latest word on the street is paychecks will be replaced by ol'Bernard giving hand jobs to employees behind the crystal tower in Houston. All employees left after the next round of layoffs will be required to be clean shaven and smell of old spice... — read more
Administrative duties = Secretary averaging 10.00 per hour if lucky if your from WFT!
Laid off mid 2015, cannot find ANYTHING nearly close to what I was doing at WFT. I don't necessarily care too much about the pay. It's finding something without the BAD reputation with tenure and with all the knowledge, even minimalized at most, it... — read more
Check out the links worst performing CEO 14 million a year pay
http://executives.findthecompany.com/l/20624/Bernard-J-Duroc-Danner-PhD... — read more
Weatherford downgraded again. Straw that breaks the Camel's back is on the way!
Fitch - The Downgrade That Broke Weatherford's Back? Jan. 26, 2016 9:30 AM ET | About: Weatherford International Ltd. (WFT) Disclosure: I am/we are short WFT. I wrote this article myself, and it expresses my own opinions. I am not receiving... — read more
Weatherford Is Fitch Downgrade The Final Straw?
http://seekingalpha.com/article/3834226-weatherford-fitch-downgrade-final-straw