Schlumberger Results Provide Hope for Weatherford
Within every sector, the difference between the winning and losing
stocks can be very dramatic. In the case of the oil services sector, the
drastic valuation differences between Schlumberger (NYSE: SLB ) and Weatherford International (NYSE: WFT )
are at the extremes. Though the sector has four domestic heavyweights,
Schlumberger and Weatherford are the most focused on the international
scene, providing a clear example for investors that the right
geographical focus isn't enough. Over the last few years, Weatherford
has lacked execution due to tax issues and costs overruns, which have
hurt the stock.
Read the full article here.
Disclosure: Long WFT. Please review the disclaimer page for more details.
Read the full article here.
Disclosure: Long WFT. Please review the disclaimer page for more details.
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