I have been working hard, seems like the market has not taken notice. Weird.
There are still good , hard working employees at Weatherford
There are still a lot of good employees in Weatherford who are working hard and are technically sound engineers. If managed well the company can surely make its way out of this crisis. Be it maybe in a smaller division. I used to work for... — read more
The bottom line is Weatherford is doomed
Start looking for another job, because eventually the company will go into administration, McC is already a de facto administrator of sorts but has a certain amount of leeway and options. A court appointed or bank appointed administrator will be... — read more
WTF WFT
OH MY! Is this a stock chart or a visualization of employee morale? insert funny whistle noise But seriously, the last time WFT flirted with these numbers was back in the early 1990's when it hit a 26 year low of $1.03. Now the important question... — read more
Weatherford in discussions over expanding the business in the Middle East
Discussions are on the way between Weatherford and a few Middle Eastern national oil companies to form drilling business joint operations in that region. When this news is combined with the fact that Weatherford is expanding manufacturing... — read more
How low can we go before we are de-listed?
I don't know much about stock markets, but I was wondering how low can we go before we are de-listed? I'm pretty sure we can't stay in this free-fall forever without any consequences. Or can we? What happens if/when we reach zero? Do we have to file... — read more
1.20
Only more valuable than any size Wendy's fries because of the current promotion.
Centerless Grinders, Machinists and Flame Sprayers Needed Immediately
Sorry things continue not to go well at Weatherford. Things are great and growing with us! We're a little small in comparison but we are profitable and we would love for you to come share your talent with us! In the Tulsa, OK, pay great and are... — read more
so when are they closing the doors?
im sure sometime this week I will go to work and they will have a lock on the doors and tell us not to come in.
Its not over yet.
C'mon people! Try not to pay attention to the stock(unless you were dumb enough to buy some). Tomorrow is another day. Lets all get back to work. We will overcome the problems and perservere.
$1.26 stock price & the strength of our transformation, Mark McCollum
Mark McCollum stated that he was "pleased with our third-quarter operating results, which once again demonstrate the strength of our transformation and its positive impact on our bottom line. $1.26 close stock price today doesn't show that Mark! Wake... — read more
Flawless Execution
1B$ Market Cap burned within 2 days .. so far and counting. Flawless.
:)
I’m not trying to brag but I sold my stock at $4.00 and I received a severance check.
1.31
Nothing else to say.
WFT to sell Fishing services to
Sale will be announced in Q4, finalized H1.
Every manager/director/vp thinks...
"It's not my fault. It's the other managers/directors/vps fault."
Weatherford Layoffs 2019
If the economy turns around, do you anticipate any Weatherford Layoffs in 2019?
3rd QTR - WOW
Was just told by some executives that we should all be terrified for the results that are to come, they were expecting a lot more, and shockingly, failed to produce.
WFT labs is sold, then what?
What usually happen with those company that get sold? Especially in mind that the buyer is an investment company. And what about that smaller office/labs/locations with 20-100 empoyees? (UK, Abu Dhabi, Norway, Kazakhstan, etc) Do you have some... — read more
Whos next to be sold? ALS? Wellhead? Completions? Corod
What department is next to be sold?
1.95
RIP
Norris
Norris is taking over the rod business.
Why are they using the phrase: “ get out while you still can”?
An oft-used phrase on here is “get out while you still can”. It’s used by folks that have been laid off from WFT. What does that mean? It implies that at some point, it will be IMPOSSIBLE to leave. Why is this? Will there come a point in the... — read more
Labs sold
So long s---ers 🤘🏻
Drilling Activities Booming
Drilling activities booming here in US. Is Weatherford ready to stand up with motivated employees to take fair market share?
Shellville Facility
Anyone know what’s happening here? Surveyors were here after work today. I wonder if they are selling.
https://www.fool.com/investing/2018/10/16/even-at-80-oil-you-should-avoid-these-3-stocks.aspx
Stay away!!!!!!!!!!!!!!!!!
Houma Mfg. to close March 1 2019
Got the word from Woodward today after GM was fired. All work to be moved between China and Huntsville. What a waste of a profitable shop. Product lines and equipment will be moving soon and employees will be sent packing total F---in shame.
Ready for the end of Q4?
Need to finish the quarter strong and send a message to the banks and investors. Selling some business units, closing others, laying off some people. If your shop is slow or not making money then it’s likely Houston has its sights on you.
Permian Basin Oil Show Booth
The Weatherford boys spared no expense this time around. Company is 8 billion dollars in debt. They can’t pay critical vendors on 120 day pay but they can go all out on the Oil Show Booth. Got to keep the facade up. Wouldn’t want to be perceived as... — read more
Weatherford closing in Broussard, LA
True or not? Please?
Weatherford Rod shop Bakersfield closing
Bakersfield Rod & Guide shop due to close by the end of the year.
Is Weatherford being sold?
Anyone?
What the heck is happening in Canada?
Heard they just turfed the VP Sales and over the summer they lost multiple sales managers and some of the best sales reps. My wife said everyone is miserable over there and lots of people in sales are trying to get out.
Bonus payments
I heard some groups got a bonus today for their transition efforts. Is this true or not.
Als Broussard Louisiana shutting down
ALS Broussard Louisiana shutting down have one year to get out .