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Enter Symbol:
 
Weatherford International, Inc. (WFT) [hlAlert]

Rating:
Outperform
WFT
down 56.26 %

Weatherford International, Inc. (WFT) rated Outperform with price target $13 by Oppenheimer

Posted on: Monday,  Oct 26, 2015  10:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Weatherford International, Inc. (NYSE: WFT) on 10/26/2015. Previously Oppenheimer rated Outperform Weatherford International, Inc. (NYSE: WFT) on 12/17/2010.,
when the stock price was $21.24. Since then, Weatherford International, Inc. has lost 56.26% as of 10/27/2015's recent price of $9.29.
If you would have followed the previous Oppenheimer's recommendation on WFT, you would have lost 56.26% of your investment in 1775 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).

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2015 10:25 AM Buy
None
9.95 13.00
as of 8/27/2015
1 Week up  8.52 %
1 Month down  -30.41 %
3 Months down  -35.35 %
1 YTD down  -40.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2014 8:25 AM Buy
None
13.29 19.00
12/17/2010 8:25 AM Buy
None
21.24 28.00

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