Rochester, NY 8/31/2009 12:32:24 PM
Weatherford International Ltd. WFT, Closed Market Up at 15%
Weatherford International Ltd. WFT
Weatherford International Ltd. announces its end of the day at $20.54 on posted trading up at 3 cents or 15%. The day stocks ranged from $20.19 to $20.84. Weatherford International volume hits $13,419,300 million shares.
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.
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Last Trade: 20.54
Day's Range: 20.19 - 20.84
52wk Range: 7.75 - 38.91
Change: Up 0.03 (0.15%)
Volume: 7,752,451
Avg Vol (3m): 13,419,300
ABOUT Weatherford International Ltd.
Weatherford International Ltd. 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 Zug, Switzerland.
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