$150 million....$175 million...$200 million?
7 replies (most recent on top)
Not much longer to wait now until the earnings call reveals all. From a VERY LIMITED set of numbers I have heard so far at least some units are making a profit. However, I have no idea what the global results will be. My view is that the 2020 results will be considered the new baseline for the future - I don't see any executive departures from them. I think 2021 will continue to see cost reductions and headcount is obviously going to be a part of those reductions.
In WFT Management you have to have a NOSE for the business if you know what I mean.
Cmon guys! Cut us some slack. now we finally make money you say its cos irrglr accntg practices?
If losing money was good Weatherford would be at the top.
Obviously, Weatherford's senior management needs to look to Halliburton's use of Arthur Anderson/ENRON accounting practices to ensure that there are NO losses to report to the shareholders
Uncle Dave, and his little buddy jeff seem to be masters at making massive profits at Big Red, during this downturn.
Losing money is good because it reduces taxable income
Eh, just 1 billy, no big-deal.