It’s simple Economics boys, Middle East is lit, oil prices soar, more U.S drilling = more work for us
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If war broke out with Iran, Iraq, Syria, Saudi Arabia, Libya, and oil spiked to $500 a barrel, Weatherford would still manage to lose money.
There are some that know what needs to be done to keep us alive, i just don't think corporate wants us to succeed!
There are some that know what needs to be done to keep us alive, i just don't corporate wants us to succe3!
This is revenue k–ling machine. That is their undoing.
Anyone who knew anything about the industry is gone. All that is left are brown nosing middle managers riding the horse to the end.
Weatherford couldn't sort themselves out when oil was $100+ per barrel.
Nothing can save wft now. Too high expenses not enough revenue. Plus lack of confidence
No. Zero impact. Oil prices spiked briefly but almost immediately went back to where they were prior to the missiles. WFT still needs to work on fundamentals. Oil a few dollars higher won’t save WFT.