Infill Thinking Lifting the O&G knowledge curve
On Wednesday morning (11/16), Weatherford sold 84.5mm shares at $5.40/share in a registered direct equity offering for $456mm. Last week, Infill Thinking predicted that Weatherford would raise equity capital following the stock’s 33%+ gain on CEO Bernard Duroc-Danner’s departure. The market reacted positively to today’s equity raise, Weatherford’s stock rising another 3% …
Read More »Weatherford Captures The “Bernard” Effect By Raising A Billion Bucks In 24 Hours
