Friday, May 23, 2014

Seeking Alpha: Amidst Restructuring Efforts, Weatherford Still Thinking About Growth

Energy services company Weatherford (WFT) has come a long way since my February 2013 piece, with the company not only putting tax and accounting issues behind it, but also moving forward with a sizable restructuring effort. Weatherford is selling, spinning off, or shutting down non-core operations where either the company's market position or margin potential isn't good enough to warrant ongoing operations.

Amidst these turnaround efforts, though, the company is not ignoring the need to keep the company in position for future growth.

Read the full article here:
Amidst Restructuring Efforts, Weatherford Still Thinking About Growth

No comments: