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

Rating:
Outperform
WFT
down 72.95 %

Weatherford International, Inc. (WFT) rated Outperform by Wachovia

Posted on: Friday,  Jan 11, 2008  9:25 AM ET by Wachovia

Wachovia rated Outperform Weatherford International, Inc. (NYSE: WFT) on 01/11/2008, when the stock price was $34.36. Since
then, Weatherford International, Inc. has lost 72.96% as of 10/27/2015's recent price of $9.29.
If you would have followed this Wachovia's recommendation on WFT, you would have lost 72.95% of your investment in 2846 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).

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2008 9:25 AM Buy
None
34.36
as of 12/24/2008
1 Week up  18.03 %
1 Month up  36.22 %
3 Months up  60.46 %
1 YTD down  -50.25 %

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