Is Weatherford still in business?
Weatherford, headquartered in Switzerland with principal offices in Houston, was struggling before the coronavirus pandemic, losing money for five years before the company emerged from bankruptcy in December 2019.
What kind of company is Weatherford?
Weatherford is a wellbore and production solutions company, providing equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells.
Is Weatherford a good company?
Weatherford is an excellent company to work for." "A good place to work and grow, provided the industry more stability than it has been over last one decade!" "Great place to work with competitive salaries and benefits. Upper management is incredibly diverse and focused on achieving success."
Who bought Weatherford?
BAAR, SWITZERLAND, April 30, 2019 - Weatherford International plc (NYSE: WFT) (the “Company” or “Weatherford”) today announced it has completed the sale of its laboratory services business to a group led by CSL Capital Management, L.P. (“CSL Capital”) for $206 million in cash.