Things Are Bad For Drillers - Real Bad... So Why Are They Trading Higher?
MyTradingIncome - Seeking Alpha - Sat Apr 25, 11:50AM CDT
It's no secret that things are bad for oil drilling companies. U.S. crude oil prices have experienced a tremendous 58% decline from the high of $107.22 last May to the recent low of $45.42. While oil prices have rebounded moderately in recent weeks,...
HAL: 48.00 (-0.17), WFT: 14.16 (-0.05), COP: 67.51 (-0.75), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
Weatherford Still Pinning Its Hopes On Better Performance
Stephen Simpson, CFA - at Seeking Alpha - Sat Apr 25, 6:32AM CDT
WFT: 14.16 (-0.05)
The Three Principles That Guide Randall Abramson's Oil & Gas Investment Strategy
The Energy Report - Seeking Alpha - Fri Apr 24, 12:24PM CDT
The market analysis tools used by Randall Abramson of Trapeze Asset Management Inc., suggest that the broad market has been fairly valued for about a year. But by applying apples-to-apples metrics to companies in the energy sector, Abramson has found...
WFT: 14.16 (-0.05)
Weatherford: Disappointment Returns
Stone Fox Capital - at Seeking Alpha - Fri Apr 24, 11:41AM CDT
WFT: 14.16 (-0.05), HAL: 48.00 (-0.17), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
South America Coiled Tubing Market by Services (Well Intervention, Drilling & others), By Application (Onshore &Offshore), By Countries - Regional Trend & Forecast to 2019
M2 - Fri Apr 24, 9:35AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6ngjbr/south_america) has announced the addition of the "South America Coiled Tubing Market by Services (Well Intervention, Drilling & others), By Application (Onshore &Offshore), By Countries - Regional Trend & Forecast to 2019 " report to their offering. The South American coiled tubing market is estimated to grow at a CAGR of 6.6 % from 2014 to 2019 Although Brazil has the largest market share of 28% in the South American coiled tubing market, the Rest of South America segment (including emerging countries such as Argentina and Columbia) is expected to grow at the fastest CAGR of 7.2% during the forecast period, 2014 to 2019. The growth of the coiled tubing market depends on several factors, including the increasing energy demand in the region. This energy demand can be fulfilled by discovering and developing new reservoirs and by improving production from existing ones. Other factors include introduction of new technologies, innovations, and improvements in existing services. Factors such as strict environmental regulations, government policies, and high competition compel companies to adopt new and better services for drilling and production. The discovery of new oil fields in South America is creating more growth opportunities for CT companies in South America. Brazil is an important market in the South American region, having accounted for a market share of 28% in 2013. The Brazilian coiled tubing market is dominated by various international players. In this report, the South American coiled tubing market has been broadly classified on the basis of type, application, and geography. The applications areas are offshore and onshore. Brazil, Venezuela, and Rest of South America have been considered for the geographic analysis of the South American market. Among the sub-segments of the coiled tubing market, the well intervention segment was valued at $232.0 million in 2013 and is estimated to reach $348.6 million by 2019. The high exploration and development activities, along with the use of secondary and tertiary methods to improve the recovery from wells, have led Venezuela to be the largest contributor in the well intervention segment of South America. The Argentine segment is expected to grow at the fastest rate from 2014 to 2019, to reach $91.1 million by 2019, from $58.1 million in 2013. Companies Mentioned - Aker Solutions ASA - Baker Hughes Inc. - Calfrac Well Services - Halliburton Co. - Schlumberger Ltd. - Trican Well Service - Weatherford International Plc For more information visit http://www.researchandmarkets.com/research/6n...th_america
WFT: 14.16 (-0.05), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
North America Oilfield Equipment Rental Market 2015-2019 - Drilling Equipment (Pressure & Flow Control Equipment, Fishing Equipment, Other), Application (Onshore, Offshore)
M2 - Fri Apr 24, 9:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/wmsbtp/north_america) has announced the addition of the "North America Oilfield Equipment Rental Market by Drilling Equipment (Pressure & Flow Control Equipment, Fishing Equipment, Other Equipment), by Application (Onshore, Offshore), by Country - Analysis and Forecast to 2019" report to their offering. The fishing equipment segment of the North America oilfield equipment rental market is estimated to grow at a CAGR of 3.8% from 2014 to 2019. In 2014, the U.S. held the largest market share of 77.4% in the North American oilfield equipment rental market, and is projected to grow at a CAGR of 3.1% for the next five years. The report has profiled the leading players of the market along with recent developments (new product launch, merger & acquisition, expansion and partnership, agreement, collaboration, and joint venture) done by companies over the past four years, and strategies adopted to sustain and strengthen their position in the North American oilfield equipment rental market. FMC Technologies (U.S.), Oil States International (U.S.), Parker Drilling (Quail Tools) (U.S.), and Schlumberger Ltd. (U.S.) are some of the key players engaged in this market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Market Overview 5 Oilfield Equipment Rental Market, By Application 6 Oilfield Equipment Rental Market, By Equipment Type 7 Oilfield Equipment Rental Market, By Geography 8 Oilfield Equipment Rental Market: Competitive Landscape 9 Oilfield Equipment Rental Market, By Company - Basic Energy Services - Halliburton - Oil States International Inc. - Parker Drilling Company - Schlumberger Ltd. - Seventy Seven Energy Services - Superior Energy Services - Weatherford International For more information visit http://www.researchandmarkets.com/research/wm...th_america
OIS: 43.24 (-0.61), WFT: 14.16 (-0.05), PKD: 3.98 (-0.19), FTI: 40.01 (-1.41), SSE: 4.53 (-0.08), SPN: 23.61 (-0.63), SLB: 91.61 (-1.44)
Downgrade Alert for Weatherford International (WFT)
Comtex SmarTrend(R) - Fri Apr 24, 7:15AM CDT
Weatherford International (NYSE:WFT) was downgraded from Buy to Neutral at Sterne Agee today. The stock closed yesterday at $14.21 on volume of 35.9 million shares, above average daily volume of 8.7 million. Weatherford International (NYSE:WFT) defies analysts with a current price ($14.21) 2.5% above its average consensus price target of $13.85. The stock should hit resistance at its 200-day moving average (MA) of $16.06, as well as support at its 50-day MA of $12.72.
WFT: 14.16 (-0.05)
Global Artificial Lift Pumps Market 2015-2019 - Advances in Technology with Baker Hughes, GE Energy, Schlumberger & Weatherford International Dominating
PR Newswire Europe - Fri Apr 24, 6:34AM CDT
DUBLIN, Apr. 24, 2015 /PRNewswire/ --Research and Markets
WFT: 14.16 (-0.05)
Africa Drilling and Completion Fluids Market by Type, By Application, By Countries - Regional Trend & Forecast to 2019
M2 - Fri Apr 24, 6:08AM CDT
Research and Markets (http://www.researchandmarkets.com/research/xvm3l3/africa_drilling) has announced the addition of the "Africa Drilling and Completion Fluids Market by Type (Water Based, Synthetic Based, Oil Based & others), By Application (Onshore & Offshore), By Countries - Regional Trend & Forecast to 2019" report to their offering. The Africa drilling waste management market constitutes 5.6% of the global drilling waste management market, and is expected to grow at a CAGR of 4.0% from 2014 to 2019 Geographically, the African market has been further segmented into Egypt, Algeria, Libya, Angola, and Nigeria, among others. Egypt held the largest share of 26% of the Africa drilling waste management market in 2014. The Africa drilling waste management market holds a high potential for growth in future due to a number of forces favoring this market. The major factors driving this market include increasing environmental concerns, increasing CAPEX for exploration and production, and the stringent government regulations forcing oil & gas companies to implement effective drilling waste management practices. In this report, the Africa drilling waste management market has been segmented on the basis of service, application, and geography. Solids control, containment & handling, and treatment & disposal are the segments of the Africa market, in terms of service types. In 2014, the treatment & disposal contributed 39.4% to the overall Africa drilling waste management market. Offshore and onshore are the two application segments of the African market. The report has profiled the leading players of this market, along with the recent developments of the companies. New contracts, agreements, mergers & acquisitions, and business expansions are among the key strategies adopted by the players to expand their drilling waste management businesses in the African region. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Market Overview 5 Africa Drilling and Completion Fluids Market, By Application 6 Africa Drilling and Completion Fluids Market, By Type 7 Africa Drilling and Completion Fluids Market, By Country 8 Africa Drilling and Completion Fluids Market: Competitive Landscape 9 Africa Drilling and Completion Fluids Market, By Company - Baker Hughes Inc. - Halliburton - M-I Swaco - Newpark Resources Inc. - SCOMI Group BHD - Tetra Technologies Inc. - Weatherford International For more information visit http://www.researchandmarkets.com/research/xv...a_drilling
WFT: 14.16 (-0.05), NR: 10.45 (-0.14), BHI: 68.09 (-0.28)
Asia-Pacific Drilling and Completion Fluids Market 2015-2019 - Type, by Application, by Country Analysis and Forecast with M-I SWACO & Halliburton Dominating
M2 - Fri Apr 24, 5:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jmlpc9/asiapacific) has announced the addition of the "Asia-Pacific Drilling and Completion Fluids Market by Type (Water-Based, Synthetic-Based, Oil-Based, Others), by Application (Onshore, Offshore), by Country - Analysis and Forecast to 2019 " report to their offering. The Asia-Pacific drilling & completion fluid market, by application is estimated to grow at a CAGR of 4.7% from 2014 to 2019 to reach $2,223.5 million by 2019 Drilling and completion fluids are among the most essential requirements for any drilling activity, whether carried out in onshore or offshore areas. Drilling and completion fluids serve many purposes in drilling activities; the fluids facilitate the drilling process by suspending cuttings, controlling pressure, stabilizing exposed rock, providing buoyancy, and cooling and lubricating. Even though China holds the largest share in the Asia-Pacific drilling and completion fluid market, the Indonesian segment is expected to grow at the fastest CAGR of 5.7% during the forecast period of 2014 to 2019. The water-based fluid segment holds the largest market share in the Asia-Pacific region, among the fluid types (on the basis of the base fluid used). In this report, the Asia-Pacific drilling & completion fluid market has been broadly classified in terms of based fluid, application, and geography. In 2013, the Asia-Pacific market was dominated by M-I SWACO (a part of Schlumberger Ltd.), Halliburton Co., Baker Hughes Inc., NewPark Resources, and Tetra Technologies Inc., among others. M-I SWACO is the leading provider of technology, integrated project management, and drilling & completion fluids in the Asia-Pacific market. It has strong presence in the water-based, oil-based, and synthetic-based segments of the market. The competitive strategies of the company include acquisitions, joint ventures, and investments in research & development. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Market Overview 5 Asia-Pacific Drilling & Completion Fluid Market, By Application 6 Asia-Pacific Drilling & Completion Fluid Market, By Base Fluid 7 Asia-Pacific Drilling and Completion Fluid Market, By Geography 8 Asia-Pacific Drilling and Completion Market: Competitive Landscape 9 Asia-Pacific Drilling and Completion Fluid Market, By Company - Baker Hughes Inc. - Global Drilling Fluids & Chemicals Ltd. - Halliburton - M-I Swaco - National Oilwell Varco - Newpark Resources Inc. - Scomi Group Bhd - Tetra Technologies Inc. - Weatherford International Ltd For more information visit http://www.researchandmarkets.com/research/jm...siapacific
WFT: 14.16 (-0.05), NR: 10.45 (-0.14), SLB: 91.61 (-1.44), BHI: 68.09 (-0.28)
Research and Markets: Global Artificial Lift Pumps Market 2015-2019 with Baker Hughes, GE Energy, Schlumberger & Weatherford International Dominating
Business Wire - Fri Apr 24, 4:03AM CDT
Research and Markets (http://www.researchandmarkets.com/research/dgqxgp/global_artificial) has announced the addition of the "Global Artificial Lift Pumps Market 2015-2019" report to their offering.
WFT: 14.16 (-0.05)
Global Artificial Lift Pumps Market 2015-2019 with Baker Hughes, GE Energy, Schlumberger & Weatherford International Dominating
M2 - Fri Apr 24, 3:10AM CDT
Research and Markets (http://www.researchandmarkets.com/research/tbrjsz/global_artificial) has announced the addition of the "Global Artificial Lift Pumps Market 2015-2019" report to their offering. The Global Artificial Lift Pump market to grow at a CAGR of 8.95% over the period 2015-2019 Artificial lift pumps are used in oil wells to increase the pressure within the reservoir and encourage oil to move to the surface. When the natural force of the well is not strong enough to push the oil to the surface, an artificial lift pump is employed. Globally, more than 70 percent of oil wells have lost natural pressure and are in their mature phase. Advances in technologies are the important trend emerging in the market. Incorporation of new technology in artificial lift pumps through continuous R&D will help the market to grow in the future. New technologies such as WRESP and High GLR ESP are field tested to overcome existing defects in artificial lift pumps. According to the report, need for high crude oil production from existing fields is one key factor driving the market. Crude oil is one of the important energy resources. Hence, rapid urbanization and industrialization in developing countries have resulted in need for more energy sources. Demand for crude oil is rising every year leading to increased production. Further, the report states that deferment of investment decisions is one key challenge hindering market growth. The price of oil has nearly halved in 2014 leading to reduced revenues and inventory write-off forcing oil exploration companies to reduce and postpone major investment decisions The Global Artificial Lift Pumps market includes the following major product segments: ESP Systems, Rod Lift Systems, PCP Systems, Gas Lift Systems, Plunger Lift Systems, Hydraulic Lift Systems, and Others. Key Vendors - Baker Hughes - GE Energy - Schlumberger - Weatherford International Other Prominent Vendors - Borets - Dover - Jsc Alnas - National Oilwell Varco - Norris Production Solutions - Tenaris Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Technology - Geographical Segmentation - Key Leading Countries - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/tb...artificial
WFT: 14.16 (-0.05), SLB: 91.61 (-1.44)
Weatherford Intl (WFT) Earnings Report: Q1 2015 Conference Call Transcript
at The Street - Thu Apr 23, 6:41PM CDT
The following Weatherford Intl (WFT) conference call took place on April 23, 2015, 08:30 AM ET. This is a transcript of that earnings call:
WFT: 14.16 (-0.05)
Weatherford +7% as it sees bottom of North America weakness
Seeking Alpha - at Seeking Alpha - Thu Apr 23, 1:29PM CDT
WFT: 14.16 (-0.05)
Weatherford International's (WFT) CEO Bernard Duroc Danner on Q1 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu Apr 23, 1:25PM CDT
WFT: 14.16 (-0.05)
Weatherford International Up 16.9% Since SmarTrend Uptrend Call (WFT)
Comtex SmarTrend(R) - Thu Apr 23, 11:36AM CDT
SmarTrend identified an Uptrend for Weatherford International (NYSE:WFT) on February 9th, 2015 at $12.05. In approximately 2 months, Weatherford International has returned 16.93% as of today's recent price of $14.09.
WFT: 14.16 (-0.05)
Weatherford Int'l. (WFT) Stock Up Today Despite First Quarter Loss
at The Street - Thu Apr 23, 10:24AM CDT
Weatherford Int'l. (WFT) stock is gaining this morning amid the escalating tensions in the Middle East.
WFT: 14.16 (-0.05)
Weatherford (WFT) Posts Loss in Q1, Misses on Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 23, 9:30AM CDT
Weatherford International Ltd.'s (WFT) first-quarter 2015 adjusted loss of 4 cents per share came below with the Zacks Consensus Estimate of earnings of a penny.
VLP: 49.21 (-0.90), CEO: 168.16 (-0.54), WFT: 14.16 (-0.05), HNRG: 11.89 (-0.21)
Weatherford International (WFT) Q1 2015 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Thu Apr 23, 7:25AM CDT
WFT: 14.16 (-0.05)