Seeking Alpha: Weatherford International: The Little Engine That Could.
https://seekingalpha.com/article/4372022-weatherford-international-little-engine
2 replies (most recent on top)
If you’re not making any profits, then there shouldn’t be any bonuses for anyone. You want one, then you’ll hustle up some work.
No surprise that it takes a few goes to take down a once mighty beast like Weatherford.
Bondholders will demand more selling of key assets to salvage what they can.