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Weatherford International, Inc. (WFT) [hlAlert]

Rating:
Hold WFT
up 26.12 %

Weatherford International, Inc. (WFT) downgraded to Hold by Tudor Pickering

Posted on: Friday,  Oct 4, 2013  8:25 AM ET by Tudor Pickering

Tudor Pickering rated Hold Weatherford International, Inc. (NYSE: WFT) on 10/04/2013. Previously Tudor Pickering rated Accumulate Weatherford International, Inc. (NYSE: WFT) on
01/24/2013., when the stock price was $12.48. Since then, Weatherford International, Inc. has gained 26.12% as of 10/04/2013's recent price of $15.74.
If you would have followed the previous Tudor Pickering's recommendation on WFT, you would have gained 26.12% of your investment in 253 days.

Weatherford International Ltd . is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. Its geographic reporting segments include North America, Latin America, Europe/West Africa/the Commonwealth of Independent States (CIS) and Middle East/North Africa/Asia. The Company?s product offerings are grouped into 10 service lines: artificial lift systems; drilling services; well construction; drilling tools; completion systems; wireline and evaluation services; re-entry and fishing; stimulation and chemicals; integrated drilling, and pipeline and specialty services. In August 2008, the Company acquired International Logging, Inc. (ILI). In January 2008, it sold its electrical submersible pumps (ESP) product line to Premier Business Solutions (PBS).

Tudor Pickering
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/4/2013 8:25 AM Hold
None
15.74
as of 12/13/2013
1 Week   
1 Month   
3 Months up  5.49 %
1 YTD up  40.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/24/2013 8:25 AM Buy
None
12.48
11/14/2012 9:25 AM Buy
None
9.26

(*) Stock Price at the time of the recommendation.
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