It's Going to Take More Than This for Weatherford International to Turn Itself Around

Wall Street does things sometimes that really make your head hurt, and sending shares of Weatherford International soaring after this recent quarterly earnings was one of them. Somehow lower revenues, lower operating margins, and a turn to the loss column were better than expectations and sent the company's shares up over 11%. 

Weatherford is getting some love because analysts are not looking at the current company but the conceptual one Weatherford is planning to become by the end of this year, with major asset sales and by letting several employees go. This looks much better than the current version of Weatherford and would even post better margins than its competitors Baker Hughes and Halliburton . In the video below, find out what this underlying company is all about and what it will take to get there.

OPEC is absolutely terrified of this game changer
Imagine a company that rents a very specific and valuable piece of machinery for $41,000... per hour (that's almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling "OPEC's Worst Nightmare." Just click HERE to uncover the name of this industry-leading stock... and join Buffett in his quest for a veritable LANDSLIDE of profits!

The article It's Going to Take More Than This for Weatherford International to Turn Itself Around originally appeared on

Tyler Crowe has no position in any stocks mentioned. You can follow Tyler at under the handle TMFDirtyBird, on Google +, or on Twitter @TylerCroweFool. The Motley Fool recommends Halliburton. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story