Showing posts with label WFT. Show all posts
Showing posts with label WFT. Show all posts

Friday, January 2, 2015

Weatherford Is Heading in the Right Direction, but It Also Carries Big Risks

This article was originally published by TheStreet on December 11, 2014
By Sarfaraz A. Khan
NEW YORK (TheStreet) - Weatherford International (WFT) , the smallest of the big-four oil field services companies that includes Schlumberger (SLB) , Halliburton (HAL) and Baker Hughes (BHI) , has been eyeing a turnaround to improve its profits and financial health.
Although Switzerland-based Weatherford is moving in the right direction, it carries its fair share of risks in terms of debt and book value. For these reasons, investors are better off staying on the sidelines on this stock.