WFRD stock price is minus $7.40 from the high just last month before the disinterest 1Qtr results reported a week ago. The investor board that bailed us out want to get their money back. They have no idea what they’re dealing with and why it’s not turning real profits.. They should be cashing in with the $100/barrel oil prices, but we’re still bleeding cash onetime write offs. They’re now about to redefine the new “Core” and tighten up even more. They not going to allow another massive loss of their cash hemorrhaging away,… watch a see…
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No one can spell on this board. When referring to this company’s core, the spelling is corpse….. dead meat
they will sell the rejuvinating TT product line and also castrating producting optimizing product line (west gulf bank plus ICAD mossafah)
the weeble enjoys it
BDD created the company and made it do well but now the ho-o gang is ruining it,, go to marina dubai towers and grand hyatt you will seee the famous NDR
The old days are gone....60pct margins.....getting the big deals....all that ended Mr.BDD left....im not joking. He was the engine
Problem with “redefining the core”, they are turning their backs on individuals with tenure and know how to make things float. Obviously we made too much money and sense! Ship is sinking fast….
Company is a tu-d. Stock price driven by speculators. Not value investors. Low float only 7mm shares actively traded. Owners can’t sell out….put a sell order for a million shares and the stock would drop 10 points…….can’t make money at $100 oil…fold the tent
And with the likes of the weaK under performer running supply chain it will only get worse.
Redefine the new Core, isn't this the 3rd or 4th time that has been done? Sooner or later you have to accept that the true core competency is the ability to operate at a loss regardless of oil price or corporate re-invention. Sustained profitability just isn't in the Weatherford DNA.