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

Rating:
Hold WFT
up 22.33 %

Weatherford International, Inc. (WFT) rated Hold

Posted on: Thursday,  Oct 4, 2007  9:25 AM ET by Banc of America Sec

Banc of America Sec rated Hold Weatherford International, Inc. (NYSE: WFT) on 10/04/2007. Previously Banc of America Sec rated Buy Weatherford International, Inc. (NYSE:
WFT) on 07/19/2007., when the stock price was $27.47. Since then, Weatherford International, Inc. has gained 22.34% as of 10/04/2007's recent price of $33.60.
If you would have followed the previous Banc of America Sec's recommendation on WFT, you would have gained 22.33% of your investment in 77 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).

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/4/2007 9:25 AM Hold
None
33.60
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2007 9:25 AM Buy
None
27.47 31.00

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