After 30 days of its stock trading below $1 per share, oilfield services giant Weatherford International is facing getting delisted from the New York Stock…
Weatherford
Weatherford loss widens
Weatherford International Ltd. WFT, -13.58% on Friday reported a wider fourth-quarter loss after the company recorded impairment charges and wrote down assets, though it said…
Weatherford Completes Schlumberger Deal for $430 Mln
Weatherford International PLC (NYSE: WFT) sold its U.S. hydraulic fracturing business to Schlumberger Ltd. (NYSE: SLB) for $430 million in cash. The deal replaces the…
U.S. Justice Department approved Schlumberger and Weatherford Joint Venture OneStim
The planned fracking joint venture between oilfield services giants Schlumberger and Weatherford International should soon come to fruition.
Weatherford revealed the U.S. Justice Department approved the North American JV, paving the way for the deal to close by the end of the year. Read more