Wft has won another big contract with Adnoc. This is no joke Wft is coming back strong. Great job men and women of Wft.
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If you can keep from getting kicked off the rig for having non calibrated equipment.
Revenue is how you operate. Profit gets you taxes
I have been told we want revenue not profit. I'm not really sure that business model, but I think profit over revenue would be the goal to transform the company.
But is is profitable? WFT still on track to loose a billion dollars this year. Spend three dollars to make one dollar and give yourself a bonus. You can always borrow more money. Weatherford is a hedge fund, poorly run one.
You can always tell when management gets on our boards.
Weatherford, the free gas station condoms of the service company world.