Chapter 11 bankruptcy has allowed Houston oilfield service company Weatherford International to close 2019 with its first profit in more than six years.
Shedding roughly $6 billion of debt after successfully emerging from Chapter 11 reorganization in mid-December, …
Switzerland and Houston-based oilfield service company Weatherford International has emerged from Chapter 11 bankruptcy with roughly $10 billion of financial support.
In a Friday morning statement, Weatherford announced that the company emerged from Chapter 11 with $6.2 billion …
After a recovery from the last oil bust, energy bankruptcies are back on the rise in 2019.
The number of oil and gas bankruptcy filings through mid-August has nearly equaled the total tally from 2018, and …
From the Houston Chronicle
Executives with Weatherford International are asking stockholders to vote for a reverse stock split plan that they believe will prevent the struggling oilfield service company from being delisted on New York Stock Exchange.
As the company …
Weatherford International plc (ticker: WFT) reported a net loss of $1.94 billion, or a loss of ($1.95) per share for the fourth quarter of 2017. Non-GAAP net loss for the fourth quarter of 2017, excluding charges and credits, was $329 …
Superior Drilling Products, Inc. (ticker: SDPI) will be presenting at the EnerCom Dallas oil and gas investor conference. Superior is a drilling tool technology company based in Vernal, Utah.
