Monday, April 5, 2010

Weatherford International (NYSE:WFT) Growing Fast

Weatherford International

With an estimated earnings per share growth of 30.5 percent over the long term, analysts say that Weatherford International (NYSE:WFT) is the fastest-growing company in their sector.

In a recent deal with Iraq, Weatherford was awarded seven new oil wells in the huge Rumaila oilfield.

If analysts are even close to being correct, this is a huge story, and one investors will want to follow closely if you don't already have a position in them.

Weatherford International Ltd. provides of equipment and services used in all stages of the oil and natural gas well business.

When Gabelli & Co initiates coverage on Weatherford recently, they started them off with a "Buy."

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