Weatherford Manages to Beat Q2 2018 Estimates
Weatherford International (WFT) released its Q2 2018 financial results today. The company recorded total revenues of ~$1.45 billion in Q2 2018, up 6.2% from the ~$1.36 billion it recorded in Q2 2017. WFT’s year-over-year revenue grew primarily in the Western Hemisphere in the second quarter. In particular, higher production and completions work in the United States and integrated service projects activity in Mexico lifted WFT’s revenues.