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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Weatherford International Plc (Ireland) | NYSE:WFT | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Jun 2019 to Jun 2024
The chief executive officer of Weatherford International Ltd. (WFT), Bernard J. Duroc-Danner, said Monday that the company has significantly reduced the number of rigs working in Venezuela.
The company has dropped its number of rigs in Venezuela to two rigs from a rig count of seven. The company has lost half of its business in Venezuela over the last three quarters.
"There has been a scale down in general in Venezuela," Duroc-Danner said in a conference call to discuss the company's second quarter earnings.
-By Jason Womack, Dow Jones Newswires; 713-547-9201; jason.womack@dowjones.com
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