Out Fox The $treet

Summary Weatherford reports Q1 2015 results that disappoint. The oilfield services firm is losing market share during the downturn. Investors should use the stock rally to unload the stock. When the oil price started collapsing, Weatherford International (NYSE: WFT ) was one of the first stocks dumped from my portfolio. The portfolio wasn't even concentrated with energy stocks in the first place due to the distant fourth oilfield services firm having a history of disappointing the market. Weatherford had recently produced solid results during Q4, but it didn't seem like the stock to own in a weak market. Read the full article on Seeking Alpha. Disclose: No positions mentioned. Please review the disclaimer page for more details. 

Recently, Weatherford International ( NYSE: WFT     ) sold drilling assets in Russia and Venezuela to further transition away from unprofitable businesses that never achieved the expected margins. Investors can quickly compare the numbers to the solid international margins of Schlumberger Limited ( NYSE: SLB     ) and Halliburton ( NYSE: HAL     ) to quickly grasp how far off course Weatherford had steered in the process of expanding internationally. The oilfield services laggard has turned to improving operations after a few years of working out accounting and tax issues. Weatherford has taken several previous steps to improve operations with the hopes of growing margins. Even after the recent gains in the stock, Weatherford continues to trade at low revenue multiples, showing how much of an impact the low-margin drag has had on the stock. Read the full article here . Disclosure: Long WFT and HAL. Please review the disclaimer pag...

Shares of Weatherford International Ltd ( NYSE: WFT     ) surged to multi-year highs following the news of a solid quarter. The oilfield services firm has long been pressured by disappointing results and struggling operations, but the management team might finally be focused on the right metrics. The key to the turnaround is a focus on improving operations and trimming the fat. Weatherford is in the middle of a cost-cutting program that will eliminate 7,000 employees, though the company suggests that the cut is only eliminating duplicated functions and operations. When complete, the move will save the company $500 million annually. The company's recent results suggest that it is working. Read full article here . Disclosure: Long WFT. Please read the disclaimer page for more details.