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0 -0.00321543408360136 -0.00160771704180075 -0.00964630225080394 -0.0192926045016077 -0.0514469453376206 -0.0418006430868168 -0.0466237942122186
Stock impact report

Weatherford International Can't Make Any Progress Toward a Profitable Future Like This [The Motley Fool]

WEATHERFORD INTL (WFT) 
Last weatherford intl earnings: 2/1 06:50 am Check Earnings Report
US:NYSE Investor Relations: weatherford.com/en/investor-relations
Company Research Source: The Motley Fool
The oil services company is buried so deep with debt and a lack of profitability that it's hard to see how management steers its way out of this mess. Stop me if you have heard this story before, but Weatherford International ( NYSE:WFT ) reports disappointing results because of what it calls one-time charges, and then management discusses a plan to restructure the business to cut costs. It seems like this is the pitch we have heard from Weatherford for years, but this is exactly what happened during Weatherford's most recent earnings report.  Is there anything different this time around? Let's take a look at the company's most recent results and what, if anything, suggests this is the time that Weatherford gets its act together. Image source: Getty Images. By the numbers Metric Q4 2017 Q3 2017 Q4 2016 Revenue $1.49 billion $1.46 billion $1.41 billion Operating income ($1.74 billion) $34 million ($399 million) Net inco Show less Read more
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