NASDAQ:WFRD

Weatherford Shares Slip After ExxonMobil Nigeria News
····

Weatherford Shares Slip After ExxonMobil Nigeria News

Weatherford International shares fell 1.1% to $108.79 Friday after announcing a new deepwater completions contract with ExxonMobil’s Nigerian affiliate. The company did not disclose the contract value. Investors weighed the deal against ongoing Middle East disruptions and uneven regional activity. First-quarter revenue dropped 3% to $1.15 billion, while net income rose 42% to $108 million.
May 23, 2026

Stock Market Today

  • ASX 200 Rises on Miners and Banks but 8,800 Resistance Holds
    May 29, 2026, 8:37 PM EDT. The ASX 200 index ended the week higher, supported by strong gains in miners and banks alongside declining Australian bond yields. Key contributors included BHP (+2.91%), Newmont (NEM, +3.77%), Fortescue Metals (FMG, +2.43%), Rio Tinto (RIO, +2.43%), Commonwealth Bank (CBA, +2.24%), and Goodman Group (GMG, +2.92%). Miners and gold producers were the main drivers, aided by firmer copper prices and stronger bullion. However, the energy sector lagged as crude oil prices softened, and healthcare stocks like CSL and ResMed (RMD) declined. Market participants remain cautious as the index needs a weekly close above 8,800 points to confirm a sustained recovery.