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The sale of its chemicals and drilling fluids businesses will help Weatherford pay down more debt.

2014-12-01 17:44:03| Chemicals - Topix.net

Tudor, Pickering, Holt & Co. Securities Inc. wrote in its morning report that it's positive that Weatherford was able to jettison non-core businesses despite energy market turmoil, including sliding oil prices, helping it surpass its $7 billion to $7.5 billion net debt target by the end of this year.

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