U.S. Shale Bust Leads to More Job Losses at Oil Services Companies
at The Street - Thu Feb 12, 12:05PM CST
Dan Dicker, energy contributor at TheStreet, talks with Stephanie Link, co-portfolio director at Action Alerts PLUS, about how the loss of oil services jobs is the tip of the iceberg.
WFT: 12.17 (+0.55), HAL: 44.19 (+1.42), SLB: 88.38 (+2.42)
Why Oil Sector Job Losses Are a Necessary Evil
Adam Galas, The Motley Fool - Motley Fool - Thu Feb 12, 8:00AM CST
One of the biggest ramification of oil's recent collapse hasn't just been reduced oil sector profits, but large job cuts as well. WTI Crude Oil Spot Price data by YCharts . With 2015 capital budgets being slashed, by as much as 50% in...
TOT: 54.14 (-0.36), WFT: 12.17 (+0.55), HAL: 44.19 (+1.42), XOM: 93.37 (+1.00), COP: 69.88 (+1.84), BP: 41.93 (+0.59), SLB: 88.38 (+2.42), BHI: 64.31 (+1.93)
Weatherford International (WFT) Stock Falls as Oil Prices Decline
at The Street - Wed Feb 11, 1:25PM CST
Weatherford International (WFT) is down Wednesday as oil prices fall for a second day in a row.
WFT: 12.17 (+0.55)
Halliburton to Cut Staff by 8% as Energy Layoffs Continue - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 11, 11:10AM CST
Halliburton Co. (HAL) plans to cut up to 8% of its workforce as it tries to save costs amid sinking oil prices.
HAL: 44.19 (+1.42), WFT: 12.17 (+0.55), SLB: 88.38 (+2.42), BHI: 64.31 (+1.93)
Weatherford Int'l. (WFT) Stock Drops Today on Falling Oil Prices
at The Street - Tue Feb 10, 2:34PM CST
Weatherford Int'l. (WFT) shares are falling as oil prices decline in trading today.
WFT: 12.17 (+0.55)
United States Oil and Gas Well Drilling Services Industry Metrics and Revenue Forecasts 2015-2021: Market to Reach $34 Billion
M2 - Tue Feb 10, 6:22AM CST
Research and Markets (http://www.researchandmarkets.com/research/9442zl/oil_and_gas_well) has announced the addition of Plunkett Research Ltd's new report "Oil and Gas Well Drilling Services Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2021" to their offering. Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless hours of research. Key Findings: - Oil and Gas Well Drilling Services Industry (U.S.) to reach $34.6 billion by 2021. - Oil and Gas Well Drilling Services Industry, including Average EBITDA, Operating Ratios and Sales per Employee. Key Data: Industry Summary - Revenues historical through 2013 - Revenues projected through 2021 - Employee Count 2007-2013 - Annual Growth Rate 2013 - CAGR 2006 through 2013 - CAGR 2014 through 2021 - Top U.S. Companies Employment and Establishments - Number of Firms 2007-2013 - Number of Establishments 2007-2013 - Employees, 2007-2013 - Average Annual Sales per Firm & per Establishment 2007-2013 - Sales per Employee Average Annual Operating Ratios - Revenue Compared to All Industries - Expenses Compared to All Industries - Profits & Income Taxes Compared to All Industries Benchmarks Top Companies Ranked - Market Capitalization - Employees - Revenue - Net Income - 3-Year Revenue Growth - 3-Year Income Growth - Return on Assets - Return on Equity - Return on Invested Capital Key Topics Covered: I. Introduction II. Industry Description for this NAIC Code III. Industry Summary, Current Year IV. Employment and Establishment Count V. This Industry's Financial Data, U.S., With Revenue Projections to 2021 VI. Top Companies Profiled & Ranked VII. Appendix: Assumptions VIII. Data Description and Sources Companies Mentioned - Atwood Oceanics Inc - Diamond Offshore Drilling Inc - Helmerich & Payne Inc - Key Energy Services Inc - Parker Drilling Company - Patterson-UTI Energy Inc - Pioneer Energy Services Corp. - Rowan Companies Inc - Unit Corp - Weatherford International Ltd For more information visit http://www.researchandmarkets.com/research/94...d_gas_well Source: Plunkett Research Ltd
UNT: 33.26 (+1.10), DO: 35.21 (+0.36), WFT: 12.17 (+0.55), KEG: 2.14 (+0.08), PES: 5.74 (+0.54), PKD: 3.50 (+0.18), HP: 69.58 (+3.62), PTEN: 18.14 (+1.13), RDC: 23.95 (-0.08), ATW: 33.75 (+0.63)
SmarTrend Watching for Potential Pullback in Shares of Weatherford International After 2.74% Gain
Comtex SmarTrend(R) - Mon Feb 09, 4:53PM CST
Weatherford International (NYSE:WFT) traded in a range yesterday that spanned from a low of $11.70 to a high of $12.40. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $12.06 on volume of 12.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WFT: 12.17 (+0.55)
Weatherford International Rises 2.74% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Feb 09, 4:52PM CST
Weatherford International (NYSE:WFT) traded in a range yesterday that spanned from a low of $11.70 to a high of $12.40. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $12.06 on volume of 12.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WFT: 12.17 (+0.55)
42.0% Return Seen to Date on SmarTrend Weatherford International Call (WFT)
Comtex SmarTrend(R) - Mon Feb 09, 11:12AM CST
SmarTrend identified a Downtrend for Weatherford International (NYSE:WFT) on September 25th, 2014 at $21.20. In approximately 5 months, Weatherford International has returned 42.03% as of today's recent price of $12.29.
WFT: 12.17 (+0.55)
Weatherford International (WFT) Stock Rises Today as Oil Prices Rally After OPEC's Forecast Increase
at The Street - Mon Feb 09, 10:56AM CST
Shares of Weatherford International (WFT) were up in late morning trading Monday as oil prices rallied after the Organization of Petroleum Exporting Countries increased its 2015 forecast.
WFT: 12.17 (+0.55)
Another 5,000 Victims Of The Plunge In Oil Prices
Oilprice.com, The Motley Fool - Motley Fool - Mon Feb 09, 7:53AM CST
This article was written by Oilprice.com , the leading provider of energy news in the world. Check out these other articles. The Cure For Low Oil Prices Is Low Oil Prices Why The World Needs Both Shale And Tar Sands Yet...
WFT: 12.17 (+0.55), HAL: 44.19 (+1.42), SLB: 88.38 (+2.42), BHI: 64.31 (+1.93)
Sand Control Systems Market by Type, Application, & Geography - Global Trends and Forecasts to 2019
M2 - Mon Feb 09, 4:13AM CST
Research and Markets (http://www.researchandmarkets.com/research/53dhzf/sand_control) has announced the addition of the "Sand Control Systems Market by Type, Application, & Geography - Global Trends and Forecasts to 2019" report to their offering. This report analyzes the Sand Control Systems market in terms of value, which has been estimated in terms of market size with respect to each type and application. This has been broken down into regions and further split into countries. The implementation of Sand Control Systems is an inevitable part in the completion process of an oil & gas well. It has gained acceptance over a period of time with proficient outcomes of higher flow rate and production in a conventional oil & gas well. The employment of these systems in the annulus of a wellbore has led to the eradication of downhole cavities, which lead to inefficient production rates and early maturing of wells. In addition, it delays the wearing and erosion of the production equipment; thus, reducing the overall cost of extraction and production. Offshore applications of Sand Control Systems have the highest growth rate as it reduces the risk of well failure due to sand formations in a wellbore, especially in deep and ultra-deepwater wells. The onshore application has the largest market size due to the presence of high potential onshore natural reserves. South America is estimated to dominate the global Sand Control Systems market, in terms of growth rate. In this region, Brazil is the largest market given increasing investments from Petrobras (Brazil), which is a leading operator in the region. North America and Asia-Pacific are expected to dominate the Sand Control Systems market, in terms of market size. The Sand Control Systems market has been segmented into six regions, namely North America, South America, Europe, Asia-Pacific, the Middle East, and Africa. The Sand Control Systems market has been further segmented by type and application. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Sand Control Systems Market Analysis, By Type 8 Sand Control Systems Market, By Application 9 Offshore Drilling Rigs Market Analysis, By Region 10 Competitive Landscape 11 Company Profiles - Cameron International Corporation - Dialog Group Berhad - Halliburton - Interwell - Mitchell Industries - Nabors Industries Ltd. - National Oilwell Varco - Oil States International Inc. - Packers Plus Energy Services - Schlumberger Limited - Superior Energy Services Inc. - Tendeka - Variperm Canada Limited - Weatherford International - Welltec International For more information visit http://www.researchandmarkets.com/research/53...nd_control
OIS: 41.83 (+0.70), NBR: 12.73 (+0.52), WFT: 12.17 (+0.55), SPN: 21.72 (+0.89), SLB: 88.38 (+2.42)
Weatherford Fixing Its Credibility Gap, But Now Market Conditions Weigh Heavily
Stephen Simpson, CFA - at Seeking Alpha - Sat Feb 07, 9:08AM CST
WFT: 12.17 (+0.55), HAL: 44.19 (+1.42), SLB: 88.38 (+2.42), BHI: 64.31 (+1.93)
Weatherford Has Made Progress But Challenges Remain
Price Point - at Seeking Alpha - Fri Feb 06, 1:28PM CST
WFT: 12.17 (+0.55)
Update: Weatherford Reports Solid Q4 Results Setting Up Potential Rebound
Stone Fox Capital - at Seeking Alpha - Fri Feb 06, 3:21AM CST
WFT: 12.17 (+0.55)
4 Major Oil Service Firms Announce Job Cuts, Local Economic Impact
Josh Young - at Seeking Alpha - Fri Feb 06, 3:01AM CST
KBE: 33.26 (+0.10), WFT: 12.17 (+0.55), HAL: 44.19 (+1.42), DBL: 25.64 (+0.09), SLB: 88.38 (+2.42), ICF: 102.12 (-0.98), BHI: 64.31 (+1.93)
Weatherford International's (WFT) CEO Bernard Duroc-Danner on Q4 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu Feb 05, 2:24PM CST
WFT: 12.17 (+0.55)
Commodities Today: Oil Names Rally Again, Could China Buy Energy Assets
Matthew Smith - at Seeking Alpha - Thu Feb 05, 12:51PM CST
EVEP: 16.83 (+0.26), LNCO: 12.30 (+0.28), GDP: 3.58 (+0.29), CEO: 143.19 (+3.14), SNP: 80.13 (+0.33), WFT: 12.17 (+0.55), LINE: 12.94 (+0.40), LPI: 13.25 (+0.81), PTR: 111.79 (+0.37)
Weatherford International (WFT) Stock Rises Today After Announcing Job Cuts, Earnings
at The Street - Thu Feb 05, 9:34AM CST
Shares of Weatherford International (WFT) were up in morning trading Thursday after the company announced it would lay off approximately 5,000 workers to deal with plunging oil prices.
WFT: 12.17 (+0.55)
Weatherford Posts In-Line Q4 Earnings, Misses on Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 05, 8:28AM CST
Weatherford International Ltd.'s (WFT) fourth-quarter 2014 adjusted earnings of 32 cents per share came in line with the Zacks Consensus Estimate.
GMLP: 28.17 (+0.45), IOC: 47.68 (+0.60), WFT: 12.17 (+0.55), CSIQ: 28.84 (-0.30)