Weatherford International Ltd (WFT) 6.57 $WFT
US Rig Count Up by 6, More Drilling Activity Seen on Land
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 6:51AM CDT
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a higher U.S. rig count.
HAL: 44.28 (-0.10), WFT: 6.57 (-0.01), SLB: 77.64 (-0.89), BHI: 45.50 (-0.44)
Weatherford Prices Upsized Underwritten Public Offering
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 6:51AM CDT
Weatherford International plc (WFT) announced the pricing of an upsized underwritten public offering of $1.5 billion senior notes.
BAK: 11.30 (-0.16), WFT: 6.57 (-0.01), NADL: 6.27 (+0.27), CVRR: 9.23 (-0.50)
Weatherford Further Amends Previously Announced Tender Offers
PR Newswire Europe - Fri Jun 10, 3:30PM CDT
BAAR, Switzerland, June 10, 2016 /PRNewswire/ -- Weatherford International plc (the "Company" or "Weatherford"
announced additional amendments with respect to the previously announced offers (as amended, the "Amended Tender Offers" by Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda", and Weatherford International, LLC, a Delaware limited liability company and indirect, wholly owned subsidiary of the Company and indirect subsidiary of Weatherford Bermuda ("Weatherford Delaware" and, together with Weatherford Bermuda, the "Offerors" to purchase for cash Weatherford Delaware's 6.35% senior notes due 2017 (the "2017 Notes" and Weatherford Bermuda's 6.00% senior notes due 2018 (the "2018 Notes", 9.625% senior notes due 2019 (the "2019 Notes" and 5.125% senior notes due 2020 (the "2020 Notes" and, together with the 2017 Notes, 2018 Notes and 2019 Notes, the "Notes".
WFT: 6.57 (-0.01)
Weatherford Prices Upsized Public Offering of $1.5 Billion of Senior Notes
PR Newswire Europe - Fri Jun 10, 2:44PM CDT
Weatherford International plc (the "Company" or "Weatherford" announced today the pricing of an upsized underwritten public offering (the "Offering" of $1.5 billion aggregate principal amount of senior notes, consisting of $750,000,000 aggregate principal amount of 7.750% senior notes due 2021 (the "2021 Notes" and $750,000,000 aggregate principal amount of 8.250% senior notes due 2023 (the "2023 Notes" and, together with the 2021 Notes, the "Notes". The Notes will be senior, unsecured obligations of Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda". The Offering is expected to close June 17, 2016, subject to customary closing conditions.
WFT: 6.57 (-0.01)
Fitch Expects to Rate Weatherford's Senior Unsecured Notes 'B+'/RR4'
BusinessWire - Fri Jun 10, 1:16PM CDT
Fitch Ratings expects to rate Weatherford International Ltd.'s (Weatherford Bermuda), a wholly-owned subsidiary of Weatherford International plc (Weatherford; NYSE: WFT), senior unsecured notes issuance 'B+/'RR4'. The company intends to use the net proceeds for the pending debt tender with any acceptance shortfalls allocated to the repayment of other indebtedness. Management expects the recent issuances and pending debt tender to result in a relatively limited change in gross debt outstanding. Fitch believes these actions should help alleviate near-term liquidity and refinance risks.
WFT: 6.57 (-0.01)
Weatherford Amends Previously Announced Tender Offers
PR Newswire Europe - Wed Jun 08, 4:41PM CDT
Weatherford International plc (the "Company" or "Weatherford" announced amendments with respect to the previously announced offers (the "Tender Offers" by Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda", and Weatherford International, LLC, a Delaware limited liability company and indirect, wholly owned subsidiary of the Company and indirect subsidiary of Weatherford Bermuda ("Weatherford Delaware" and, together with Weatherford Bermuda, the "Offerors" to purchase for cash Weatherford Delaware's 6.35% senior notes due 2017 (the "2017 Notes" and Weatherford Bermuda's 6.00% senior notes due 2018 (the "2018 Notes", 9.625% senior notes due 2019 (the "2019 Notes" and 5.125% senior notes due 2020 (the "2020 Notes" and, together with the 2017 Notes, 2018 Notes and 2019 Notes, the "Notes" (as amended, the "Amended Tender Offers".
WFT: 6.57 (-0.01)
Weatherford Announces Public Offering of $1.0 Billion of Senior Notes
PR Newswire Europe - Wed Jun 08, 4:37PM CDT
Weatherford International plc (the "Company" or "Weatherford" announced today the launch of an underwritten public offering (the "Offering" of $1.0 billion aggregate principal amount of senior notes, consisting of a series of senior notes due 2021 (the "2021 Notes" and a series of senior notes due 2023 (the "2023 Notes" and, together with the 2021 Notes, the "Notes". The Notes will be senior, unsecured obligations of Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda". The Notes will be fully and unconditionally guaranteed, on a senior, unsecured basis, by the Company and by Weatherford International, LLC, a Delaware limited liability company and indirect subsidiary of Weatherford Bermuda.
WFT: 6.57 (-0.01)
Upgrade Alert for Weatherford International (WFT)
Comtex SmarTrend(R) - Tue Jun 07, 3:04AM CDT
Weatherford International (NYSE:WFT) was upgraded from Equal Weight to Overweight at Barclays Capital today. The stock closed yesterday at $6.63 on volume of 35.7 million shares, above average daily volume of 14.4 million. There is potential upside of 86.0% for shares of Weatherford International based on a current price of $6.63 and an average consensus analyst price target of $12.33. The stock should find initial resistance at its 50-day moving average (MA) of $7.31 and further resistance at its 200-day MA of $8.60.
WFT: 6.57 (-0.01)
Weatherford Announces Conference Call
PR Newswire Europe - Mon Jun 06, 3:02PM CDT
Weatherford International plc today announced that it has scheduled a conference call for Thursday, July 28, 2016 at 8:30 a.m. ET. The purpose of the conference call is to discuss results for the Company's second quarter ended June 30, 2016. The call will be open to the public.
WFT: 6.57 (-0.01)
Weatherford International Set to Possibly Pullback After Yesterday's Rally of 7.52%
Comtex SmarTrend(R) - Mon Jun 06, 1:31PM CDT
Weatherford International (NYSE:WFT) traded in a range yesterday that spanned from a low of $6.30 to a high of $6.64. Yesterday, the shares gained 7.5%, which took the trading range above the 3-day high of $6.32 on volume of 19.0 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: 6.57 (-0.01)
After Yesterday's Rally of 7.52% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 06, 1:30PM CDT
Weatherford International (NYSE:WFT) traded in a range yesterday that spanned from a low of $6.30 to a high of $6.64. Yesterday, the shares gained 7.5%, which took the trading range above the 3-day high of $6.32 on volume of 19.0 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: 6.57 (-0.01)
Weatherford (WFT) in Focus: Stock Moves 6.5% Higher
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 7:10AM CDT
Weatherford International plc (WFT) was a big mover last session, as the company saw its shares rise roughly 7% on the day.
MDR: 4.60 (-0.14), WFT: 6.57 (-0.01)
Weatherford Prices Upsized Public Offering of $1.1 Billion of Exchangeable Senior Notes and Increases Aggregate Purchase Price of Cash Tender Offers
PR Newswire Europe - Wed Jun 01, 11:02PM CDT
Weatherford International plc (the "Company" or "Weatherford" announced today the pricing of an upsized underwritten public offering (the "Offering" of $1.1 billion aggregate principal amount of exchangeable senior notes due 2021 (the "Notes" by Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda". The underwriters have an option for 30 days to purchase up to an additional $165 million aggregate principal amount of Notes. The Notes will pay interest at a rate of 5.875% per year and were priced at par. The Offering is expected to close June 7, 2016, subject to customary closing conditions.
WFT: 6.57 (-0.01)
US Rig Count Up by 6, More Drilling Activity Seen on Land
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 6:51AM CDT
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a higher U.S. rig count.
HAL: 44.28 (-0.10), WFT: 6.57 (-0.01), SLB: 77.64 (-0.89), BHI: 45.50 (-0.44)
Weatherford Prices Upsized Underwritten Public Offering
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 6:51AM CDT
Weatherford International plc (WFT) announced the pricing of an upsized underwritten public offering of $1.5 billion senior notes.
BAK: 11.30 (-0.16), WFT: 6.57 (-0.01), NADL: 6.27 (+0.27), CVRR: 9.23 (-0.50)
Weatherford Further Amends Previously Announced Tender Offers
PR Newswire Europe - Fri Jun 10, 3:30PM CDT
BAAR, Switzerland, June 10, 2016 /PRNewswire/ -- Weatherford International plc (the "Company" or "Weatherford"
announced additional amendments with respect to the previously announced offers (as amended, the "Amended Tender Offers" by Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda", and Weatherford International, LLC, a Delaware limited liability company and indirect, wholly owned subsidiary of the Company and indirect subsidiary of Weatherford Bermuda ("Weatherford Delaware" and, together with Weatherford Bermuda, the "Offerors" to purchase for cash Weatherford Delaware's 6.35% senior notes due 2017 (the "2017 Notes" and Weatherford Bermuda's 6.00% senior notes due 2018 (the "2018 Notes", 9.625% senior notes due 2019 (the "2019 Notes" and 5.125% senior notes due 2020 (the "2020 Notes" and, together with the 2017 Notes, 2018 Notes and 2019 Notes, the "Notes". WFT: 6.57 (-0.01)
Weatherford Prices Upsized Public Offering of $1.5 Billion of Senior Notes
PR Newswire Europe - Fri Jun 10, 2:44PM CDT
Weatherford International plc (the "Company" or "Weatherford"
announced today the pricing of an upsized underwritten public offering (the "Offering" of $1.5 billion aggregate principal amount of senior notes, consisting of $750,000,000 aggregate principal amount of 7.750% senior notes due 2021 (the "2021 Notes" and $750,000,000 aggregate principal amount of 8.250% senior notes due 2023 (the "2023 Notes" and, together with the 2021 Notes, the "Notes". The Notes will be senior, unsecured obligations of Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda". The Offering is expected to close June 17, 2016, subject to customary closing conditions. WFT: 6.57 (-0.01)
Fitch Expects to Rate Weatherford's Senior Unsecured Notes 'B+'/RR4'
BusinessWire - Fri Jun 10, 1:16PM CDT
Fitch Ratings expects to rate Weatherford International Ltd.'s (Weatherford Bermuda), a wholly-owned subsidiary of Weatherford International plc (Weatherford; NYSE: WFT), senior unsecured notes issuance 'B+/'RR4'. The company intends to use the net proceeds for the pending debt tender with any acceptance shortfalls allocated to the repayment of other indebtedness. Management expects the recent issuances and pending debt tender to result in a relatively limited change in gross debt outstanding. Fitch believes these actions should help alleviate near-term liquidity and refinance risks.
WFT: 6.57 (-0.01)
Weatherford Amends Previously Announced Tender Offers
PR Newswire Europe - Wed Jun 08, 4:41PM CDT
Weatherford International plc (the "Company" or "Weatherford"
announced amendments with respect to the previously announced offers (the "Tender Offers" by Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda", and Weatherford International, LLC, a Delaware limited liability company and indirect, wholly owned subsidiary of the Company and indirect subsidiary of Weatherford Bermuda ("Weatherford Delaware" and, together with Weatherford Bermuda, the "Offerors" to purchase for cash Weatherford Delaware's 6.35% senior notes due 2017 (the "2017 Notes" and Weatherford Bermuda's 6.00% senior notes due 2018 (the "2018 Notes", 9.625% senior notes due 2019 (the "2019 Notes" and 5.125% senior notes due 2020 (the "2020 Notes" and, together with the 2017 Notes, 2018 Notes and 2019 Notes, the "Notes" (as amended, the "Amended Tender Offers". WFT: 6.57 (-0.01)
Weatherford Announces Public Offering of $1.0 Billion of Senior Notes
PR Newswire Europe - Wed Jun 08, 4:37PM CDT
Weatherford International plc (the "Company" or "Weatherford"
announced today the launch of an underwritten public offering (the "Offering" of $1.0 billion aggregate principal amount of senior notes, consisting of a series of senior notes due 2021 (the "2021 Notes" and a series of senior notes due 2023 (the "2023 Notes" and, together with the 2021 Notes, the "Notes". The Notes will be senior, unsecured obligations of Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda". The Notes will be fully and unconditionally guaranteed, on a senior, unsecured basis, by the Company and by Weatherford International, LLC, a Delaware limited liability company and indirect subsidiary of Weatherford Bermuda. WFT: 6.57 (-0.01)
Upgrade Alert for Weatherford International (WFT)
Comtex SmarTrend(R) - Tue Jun 07, 3:04AM CDT
Weatherford International (NYSE:WFT) was upgraded from Equal Weight to Overweight at Barclays Capital today. The stock closed yesterday at $6.63 on volume of 35.7 million shares, above average daily volume of 14.4 million. There is potential upside of 86.0% for shares of Weatherford International based on a current price of $6.63 and an average consensus analyst price target of $12.33. The stock should find initial resistance at its 50-day moving average (MA) of $7.31 and further resistance at its 200-day MA of $8.60.
WFT: 6.57 (-0.01)
Weatherford Announces Conference Call
PR Newswire Europe - Mon Jun 06, 3:02PM CDT
Weatherford International plc today announced that it has scheduled a conference call for Thursday, July 28, 2016 at 8:30 a.m. ET. The purpose of the conference call is to discuss results for the Company's second quarter ended June 30, 2016. The call will be open to the public.
WFT: 6.57 (-0.01)
Weatherford International Set to Possibly Pullback After Yesterday's Rally of 7.52%
Comtex SmarTrend(R) - Mon Jun 06, 1:31PM CDT
Weatherford International (NYSE:WFT) traded in a range yesterday that spanned from a low of $6.30 to a high of $6.64. Yesterday, the shares gained 7.5%, which took the trading range above the 3-day high of $6.32 on volume of 19.0 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: 6.57 (-0.01)
After Yesterday's Rally of 7.52% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 06, 1:30PM CDT
Weatherford International (NYSE:WFT) traded in a range yesterday that spanned from a low of $6.30 to a high of $6.64. Yesterday, the shares gained 7.5%, which took the trading range above the 3-day high of $6.32 on volume of 19.0 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: 6.57 (-0.01)
Weatherford (WFT) in Focus: Stock Moves 6.5% Higher
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 7:10AM CDT
Weatherford International plc (WFT) was a big mover last session, as the company saw its shares rise roughly 7% on the day.
MDR: 4.60 (-0.14), WFT: 6.57 (-0.01)
Weatherford Prices Upsized Public Offering of $1.1 Billion of Exchangeable Senior Notes and Increases Aggregate Purchase Price of Cash Tender Offers
PR Newswire Europe - Wed Jun 01, 11:02PM CDT
Weatherford International plc (the "Company" or "Weatherford"
announced today the pricing of an upsized underwritten public offering (the "Offering" of $1.1 billion aggregate principal amount of exchangeable senior notes due 2021 (the "Notes" by Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned subsidiary of the Company ("Weatherford Bermuda". The underwriters have an option for 30 days to purchase up to an additional $165 million aggregate principal amount of Notes. The Notes will pay interest at a rate of 5.875% per year and were priced at par. The Offering is expected to close June 7, 2016, subject to customary closing conditions. WFT: 6.57 (-0.01)
