Quick Thoughts

Reliable context for the biggest breaking news stories

Weatherford Captures The “Bernard” Effect By Raising A Billion Bucks In 24 Hours

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% …

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Weatherford CEO Walks Away. Here’s What We Know (And What We Think We Know)

Developing November 9, 2016 4pm central. What Happened: On Wednesday afternoon, Weatherford announced the departure of Chairman and CEO Bernard Duroc-Danner, 63, effective immediately. We explore why and what’s next. To read this update you must be a subscriber. (Current members login here.) Subscribers get Exclusive e-mail newsletters High-caliber, data-driven news, analysis and commentary New angles you’ll only find here …

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GE & Baker Hughes – Initial Reaction To The Deal

After four days of speculation and head scratching over what kind of deal GE and Baker Hughes might be concocting, the companies announced an extensive partnership Monday morning, essentially a merger of GE O&G with Baker Hughes. The deal is more extensive than we (and many others) originally expected late last week. …

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GE Looks At Partnering With Baker On Frac? Makes Sense To Us…

We discuss the breaking news that GE has come forward as a potential partner for Baker Hughes and evaluate the merits and fit of such a partnership. To read this update you must be a subscriber. (Current members login here.) Subscribers get Exclusive mail newsletters High-caliber, data-driven news, analysis and commentary New angles you’ll only find here …

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Halliburton’s 3Q16 Print Is Worthy Of Celebration

Breaking October 19, 2016 6:30am central. Halliburton released its 3Q16 earnings report, marking the start of earnings season in the oilfield. Relative to the second quarter, Halliburton’s sales in North America grew. This is the first revenue increase in seven quarters. This growth offset a continued decline in international business to keep total …

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