15 Feb 2006securities registration● Neutral
WEATHERFORD INTERNATIONAL LTD filed a free-writing prospectus - marketing material for an offering in progress.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 Feb 2006securities registration● Neutral
WEATHERFORD INTERNATIONAL LTD filed a free-writing prospectus - marketing material for an offering in progress.
15 Feb 2006securities registration● Neutral
WEATHERFORD INTERNATIONAL LTD filed the final prospectus for a registered offering.
14 Feb 2006securities registration● Neutral
WEATHERFORD INTERNATIONAL LTD filed the final prospectus for a registered offering.
9 Feb 2006substantial holder notice● Neutral
Capital Group International, Inc, Capital Guardian Trust Company reported a WEATHERFORD INTERNATIONAL LTD shareholding of 10,698,750 shares (4.00% of votes) in a periodic institutional filing.
10 Jan 2006substantial holder notice● Neutral
CAM North America, LLC, Smith Barney Fund Management LLC, TIMCO Asset Management Inc., Salomon Brothers Asset Management Inc disclosed a new substantial WEATHERFORD INTERNATIONAL LTD shareholding (6.40% of votes).
12 Dec 2005material agreement● Neutral
Weatherford agreed with Universal Compression Holdings and J.P. Morgan Securities to sell 6.75 million Universal shares in an underwritten offering. The filing gives no price or proceeds figures, and does not say how Weatherford came to hold the shares.
2 Dec 2005material agreement● Neutral
Weatherford appointed Hazel A. Brown as Vice President of Human Resources and signed an indemnification agreement and a three-year employment agreement with her. The employment agreement includes severance of about two times salary and bonus, plus other benefits, on termination without cause or for good reason, with accelerated vesting of equity and tax gross-ups.
1 Dec 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr VP & Pres PDI Division Kelly Ian E received a stock option grant for 69 shares.
1 Dec 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr VP & Pres EDI Division King John R received a stock option grant for 69 shares.
1 Dec 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr VP & Pres PDI Division Kelly Ian E received a stock option grant for 41 shares.
7 Nov 2005securities registration● Neutral
WEATHERFORD INTERNATIONAL LTD filed the final prospectus for a registered offering.
1 Nov 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr VP & Pres EDI Division King John R received a stock option grant for 75 shares.
1 Nov 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr VP & Pres PDI Division Kelly Ian E received a stock option grant for 44 shares.
1 Nov 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr. VP & Chief Tech. Off. Stuart E Ferguson received a stock option grant for 66 shares.
31 Oct 2005debt financing● Neutral
Weatherford launched a commercial paper program allowing short-term unsecured notes of up to $1.5 billion, which it expects to give more favorable short-term borrowing rates. JPMorgan Chase acts as paying agent, JPMorgan, Goldman Sachs and Merrill Lynch are dealers, and subsidiary Weatherford International, Inc. guarantees the notes.
7 Oct 2005securities registration● Neutral
WEATHERFORD INTERNATIONAL LTD registered a securities offering with the SEC using its shelf eligibility.
3 Oct 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr. VP & Chief Tech. Off. Stuart E Ferguson received a stock option grant for 61 shares.
3 Oct 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr VP & Pres EDI Division King John R received a stock option grant for 74 shares.
3 Oct 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr VP & Pres PDI Division Kelly Ian E received a stock option grant for 40 shares.
28 Sept 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD director Robert K Jr. Moses exercised stock options for 60,000 shares and disposed of 60,000 shares.
26 Sept 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr. VP & Chief Tech. Off. Stuart E Ferguson exercised stock options for 25,000 shares and disposed of 50,000 shares.
20 Sept 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD VP Manufact. & Procurement M David Colley exercised stock options for 25,000 shares and disposed of 50,000 shares.
20 Sept 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr. VP & Chief Tech. Off. Stuart E Ferguson exercised stock options for 50,000 shares and disposed of 100,000 shares.
19 Sept 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD director David J Butters exercised stock options for 93,632 shares and disposed of 187,264 shares.
13 Sept 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Sr. VP and CFO Lisa W Rodriguez exercised stock options for 50,000 shares and disposed of 100,000 shares.
8 Sept 2005director interest notice● Neutral
WEATHERFORD INTERNATIONAL LTD Chairman, President & CEO Bernard J Duroc-danner exercised stock options for 150,304 shares and disposed of 316,404 shares.
7 Sept 2005director interest notice● Neutral
Kelly Ian E became a WEATHERFORD INTERNATIONAL LTD Sr VP & Pres PDI Division and company insider (initial ownership filing).
7 Sept 2005director interest notice● Neutral
King John R became a WEATHERFORD INTERNATIONAL LTD Sr VP & Pres EDI Division and company insider (initial ownership filing).
7 Sept 2005asset acquisition disposition● NeutralMajor
Weatherford completed its previously announced purchase of Precision Drilling's Energy Services and International Contract Drilling divisions for 26,000,000 common shares plus Can$1.13 billion (about US$945 million). It borrowed $921 million on its 364-day credit facility for the cash portion (about 4.0% expected interest), signed a registration rights, standstill and voting agreement with Precision, and hired John R. King and Ian E. Kelly to run two new divisions. Financial statements for the acquired business are due by November 17, 2005.