Weatherford's ability to fix its business is far from certain if oil remains lower for longer.
Two years into the current industry downturn, Weatherford’s cost-reduction efforts have fallen well short of what its peers have been able to achieve, and the firm has yet to stabilize its business (in late 2016, the firm’s operations continue to burn cash flow). While we certainly believe the firm can again be profitable when conditions improve, we are nonetheless skeptical that it will be able to generate returns on capital above the weak levels of the past in all but the most bullish of indus...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.