Current WFT Stock Info

Weatherford International plc (ticker: WFT) reported a net loss of $245 million, or a loss of $(0.25) per share for the first quarter of 2018.

Weatherford President and CEO Mark A. McCollum said, "The goals we have set forth for 2018 and 2019 are realistic and achievable. We are on track and, in the first quarter, have already achieved 10% of our annualized recurring benefit target.”

In the first quarter of 2018, estimated recurring benefits as a result of Weatherford’s transformation plan were $27 million, or $108 million on an annualize...

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