Weatherford International 10-Q Filing
December 30, 2009 (FinancialWire) (Investrend Information Syndicate) — Weatherford International Ltd.’s (NYSE: WFT) recent third quarter 10-Q filing is now available for shareholders and potentially interested investors.
Weatherford International Ltd. (http://www.weatherford.com) provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells to independent oil and natural gas producing companies worldwide. It primarily offers artificial lift systems, which include progressing cavity pumps, reciprocating rod lift systems, gas lift systems, hydraulic lift systems, plunger lift systems, and hybrid lift systems, as well as wellhead systems and production optimization. The company also designs and manufactures drilling jars, rotating control devices, and other pressure-control equipment used in drilling oil and natural gas wells; and provides a selection of in-house or third-party manufactured equipment for the drilling, completion, and work over of oil and natural gas wells for operators and drilling contractors. In addition, Weatherford International offers a line of completion tools and sand screens; wireline and evaluation services; re-entry, fishing, and thru-tubing services; pipeline and specialty services; and drilling and well construction services. Further, it provides chemical technology and services comprising fracturing technologies, production chemical systems, and capillary injection technology and services, as well as operates land drilling rigs. Weatherford International has a Joint Development Agreement with Exxon Mobil Corp. to develop and commercialize MazeFloTM technology. The company was founded in 1972 and is based in Geneva, Switzerland.
The company’s current market capitalization is approximately US$ 13.2 billion. WFT’s stock last closed at US$ 17.73 per share.
The company’s free report is available via the Free Annual Reports Service (at http://investrend.ar.wilink.com/?level=279) by entering “Weatherford International into the search field.
The Annual Reports Service is a free service sponsored by the service’s hundreds of participating companies. Companies participate in order to serve the investing public through greater transparency. Other recent company filings and reports available via the Annual Reports Service include Weatherford International Ltd. (NYSE: WFT), UQM Technologies, Inc. (AMEX: UQM), Panhandle Oil and Gas, Inc. (NYSE: PHX), Encore Acquisition Company (NYSE: EAC), Altius Minerals Corp. (TSX: ALS) and PKC Group Oyj (PLUS: PKC1V), Standard Life Investments European Private Equity Trust PLC (LSE: SEP) (PLUS: SEP).
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(Source for company description: Weatherford International Ltd.)
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