Weatherford Forecasts Triple-Digit Venezuela Revenue in 2027
Weatherford shares rose 7% to $84.69 on Wednesday after the energy services company forecast Venezuela revenue to reach triple digits in 2027. Shares are up 8.3% year to date.
By Natalie WegerShares of Weatherford International climbed after the global energy services company forecasted its Venezuela revenue to ramp up to triple-digits in 2027.The stock ticked up 7% to $84.69 on Wednesday. The shares are up 8.3% year-to-date.Chief Executive Girish Saligram said on the ea…