BNET Industries

Market Cap:$12.4B
Last Fiscal Year Sales:$9.6B
- Public
- US
Dow Jones Description
Weatherford International Ltd. (NYSE:WFT) is one of the worlds leading providers of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. We were originally incorporated in Delaware in 1972, and as a result of our corporate reorganization in 2002, are now incorporated in Bermuda. Many of our businesses, including those of Weatherford Enterra, have been operating for more than 50 years. We anticipate that, during the first quarter of 2009, we will complete a transaction in which Weatherford International Ltd., the Bermuda exempted company (Weatherford-Bermuda), will become a wholly-owned subsidiary of Weatherford International Ltd., a Swiss joint-stock company (Weatherford-Switzerland), and holders of our common shares will receive one registered share of Weatherford-Switzerland for each common share of Weatherford-Bermuda that they hold. When referring to Weatherford and using phrases such as we and us, our intent is to refer to Weatherford International Ltd. and its subsidiaries as a whole or on a regional basis, depending on the context in which the statements are made. We operate in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. ...
Number of Employees 50,000
Contact Information
515 Post Oak Blvd Ste 600
Houston, Texas 77027-9408
(713) 693-4000
Peer Companies
NAICS Code Oil and Gas Field Machinery and Equipment Manufacturing: 333132
Recent Events
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Weatherford Q3 net income decreases
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BUYINS.NET: CIT, ABK, MBI, PFE, WFT, LVS With Highest Daily Short Volume On NYSE Tuesday
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Goldman Sachs Reiterates Bullish Stance on Weatherford Intl WFT
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Halliburton's 2Q earnings plummet
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TSC Ratings' Updates: Beckman Coulter
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Weatherford agrees to buy TNK-BP Oil Field Services - Update
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Weatherford acquires TNK-BP's Oil Field Services
News & Analysis
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weatherford international, ltd. - All News and Analysis
Weatherford International Ltd. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jim Crandell – Barclays Capital Jim Crandell – Barclays Capital I seems that many of the items that adversely affect the third quarter such as the rains at Chico the gas drilling at Veracruz, the operating issues in Nigeria startup...
Weatherford International Q2 2009 Earnings Call Transcript
Weatherford International WFT Q2 2009 Earnings Call July 20, 2009 10:30 am ET
Weatherford International Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions The first question comes from the line of James Crandell – Barclays Capital. James Crandell – Barclays Capital Can you talk about the trend in international margins from here? I thought you said the pricing may have bottomed and/or the pricing...
Halliburton or Weatherford? Don't Buy Either
EMU@GSR submits: Halliburton HAL and Weatherford Intl WFT reported y/y drop in profits of 33% and 46% respectively for 1Q09. A drop in profit was expected as capital expenditure by their customers have been scaled down. Margins for both companies have dipped sharply as revenues have dipped....
Weatherford International Ltd. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Michael LaMotte – J.P. Morgan. Michael LaMotte – J.P. Morgan Quick question on Latin America. Revenue looked a little light to me relative to the degree of activity. Is that just offsets from Argentina and Venezuela? Andrew Becnel Yes. Michael...
Weatherford International Ltd. Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from James Crandell - Barclays Capital. James Crandell - Barclays Capital In the environment that you outlined for international E&P spending growth, I think you said double-digit, what would you expect to happen to your overall profit margins in that...
Weatherford International Ltd. F3Q08 (Qtr End 09/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of William Herbert - Simmons & Company International William Herbert - Simmons & Company International It doesn’t sound like you are tempering your international growth assumptions for 2009, how much of your anticipated growth today for...
Weatherford: Interesting Energy Equipment Play
Zacks.com submits: Houston, Texas-based Weatherford International, Ltd. WFT is a leading manufacturer and provider of equipment and services used in drilling, completion, and production of oil and natural gas wells. We are upgrading Weatherford shares to Buy from Hold following the recent commodity-price induced weakness in the stock,...
S&P 500 Energy Stocks
Hickey and Walters Bespoke submit: Earlier we noted that not one stock in the S&P 500 Energy sector was trading above its 50-day moving average. Below we highlight the individual stocks in the sector and where they're trading relative to their 50-days. As shown, Massey Energy MEE is...
T. Boone Pickens' Stocks Struggle
Hickey and Walters Bespoke submit: Judging by the performance of T. Boone Pickens' stock holdings at the end of the second quarter, it hasn't been a good couple of months. While there's no telling yet what Pickens has done in his BP Capital fund this quarter, if he...
Industry Transcripts by Seeking Alpha
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