One of the biggest drilling contractors in the world abandoned its efforts to raise about $1 billion in cash after investors hammered its stock, in sign that Wall Street’s love affair with energy finance is cooling along with hopes that oil prices will rise anytime soon. Weatherford International Ltd. WFT 10.70 % said Monday morning that it planned to sell a combination of shares and convertible bonds for unspecified potential acquisitions. The company’s shares quickly fell about 17%, to $8.41, prompting the company to cancel the offerings just 14 hours after unveiling the plan. “While investor interest was strong for this offering, we are unwilling to sell securities at prices that do not reflect the value we have created at Weatherford,” the company said. A Weatherford spokeswoman declined to comment beyond the company’s press release. The about-face helped Weatherford’s stock regain some of Monday’s losses; in 4 p.m. trading […]