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Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance - Vimarsana News

Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance

First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA* of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow* of $8

Source: yahoo.com
Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance - Vimarsana News

Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance

First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net...

Weatherford Announces First Quarter 2024 Results and Raises - Vimarsana News

Weatherford Announces First Quarter 2024 Results and Raises

First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million...

High Arctic Energy Services (TSE:HWO) Stock Passes Below Two Hundred Day Moving Average of $1.13 - Vimarsana News

High Arctic Energy Services (TSE:HWO) Stock Passes Below Two Hundred Day Moving Average of $1.13

High Arctic Energy Services Inc (TSE:HWO – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.13 and traded as low as C$1.12. High Arctic Energy Services shares last traded at C$1.24, with a volume of 178,215 shares. High Arctic Energy Services […]

Patterson-UTI Energy (NASDAQ:PTEN) Lowered to "Sell" at StockNews.com - Vimarsana News

Patterson-UTI Energy (NASDAQ:PTEN) Lowered to "Sell" at StockNews.com

StockNews.com lowered shares of Patterson-UTI Energy (NASDAQ:PTEN – Free Report) from a hold rating to a sell rating in a research note released on Tuesday morning. Several other brokerages have also weighed in on PTEN. Susquehanna reaffirmed a positive rating and set a $16.00 target price on shares of Patterson-UTI Energy in a research note […]