Date: Wed, 19 Nov 1997 22:53:16 GMT Server: Apache Last-Modified: Fri, 31 Oct 1997 17:09:21 GMT ETag: "34e27-13c1-345a10c1" Content-Length: 5057 Accept-Ranges: bytes Connection: close Content-Type: text/html Financial News
Weatherford Posts 53% Earnings Rise

Houston, Texas (October 27, 1997)
Weatherford Enterra, Inc. today reported record earnings of $30.4 million on revenues of $274 million for the third quarter of 1997. (more)



Weatherford Announces Sale of Cranes Business

Houston, Texas (September 24, 1997)
Weatherford Enterra, Inc. announced today the closing of the sale of the Company’s American Aero Cranes division. (more)



Weatherford Enterra Reports 76% EPS Increase in 2Q97

Houston, Texas (July 28, 1997)
Weatherford Enterra, Inc. today reported record earnings per share of $0.51 for the second quarter ended June 30, 1997, representing a 76% increase over the second quarter of 1996, primarily as a result of increased demand for the Company’s oilfield services and products, as well as improved pricing. (more)



Weatherford Enterra Announces Sale of TEST

Houston, Texas (July 1, 1997)
Weatherford Enterra, Inc. announced today the closing of the sale of the Company’s subsidiary Total Engineering Services Team, Inc. (TEST) to National Tank Company (NATCO), a private company. (more)



Weatherford Enterra Announces Sale of CRC-Evans Pipeline

Houston, Texas (June 16, 1997)
Weatherford Enterra, Inc. announced today the sale of the Company’s CRC-Evans Pipeline assets and business to CEPI Holdings, Inc., a private company. (more)



Weatherford Enterra Hosts Annual Meeting

Houston, Texas (May 15, 1997)
Chairman Philip Burguieres began Weatherford Enterra’s annual stockholders’ meeting today by introducing Thomas R. Bates, who will join the Company as a director, Chief Executive Officer and President on June 1. Thomas N. Amonett, who has served as Interim President and Chief Executive Officer, commented on the successes the Company achieved over the past year. (more)



Thomas R. Bates, Jr. Named President and Chief Executive Officer of Weatherford Enterra

Houston, Texas (May 8, 1997)
Weatherford Enterra, Inc. announced today the appointment of Thomas R. Bates, Jr. as president and chief executive officer. (more)



Weatherford Enterra 1Q97 EPS Up 69%

Houston, Texas (April 22, 1997)
Weatherford Enterra, Inc. today reported record earnings in the first quarter ended March 31, 1997. First quarter 1997 operating income improved 72% to $40.9 million, net income improved 70% to $23.0 million and earnings per share improved 69% to $0.44 per common share compared to the first quarter of 1996. (more)



Weatherford Enterra Elects Director

Houston, Texas (March 18, 1997)
Weatherford Enterra announced today that the Board of Directors elected Thomas J. Edelman a director of the Company, filling a vacancy created by the April 1996 resignation of Robert L. Parker, Sr. (more)



4th Quarter Earning - Weatherford Enterra 4Q96 EPS Up 68%

Houston, Texas (February 12, 1997)
Weatherford Enterra, Inc. today announced record revenues and earnings for the quarter ended December 31, 1996. Revenues improved 36% to $282.8 million in the fourth quarter of 1996 compared to the same period of 1995. (more)



3rd Quarter Earnings - Weatherford Enterra Reports 46% EPS Increase

Houston, Texas (October 21, 1996)
Weatherford Enterra, Inc. today reported a 46% increase in earnings per share to $0.38 in the third quarter of 1996 compared to $0.26 in the third quarter of 1995. (more)



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