Weatherford International plc (WFRD)
| Market Cap | 4.87B |
| Revenue (ttm) | 5.53B |
| Net Income (ttm) | 534.00M |
| Shares Out | 72.65M |
| EPS (ttm) | 7.14 |
| PE Ratio | 9.40 |
| Forward PE | 9.97 |
| Dividend | $1.00 (1.49%) |
| Ex-Dividend Date | Nov 6, 2024 |
| Volume | 2,551,991 |
| Open | 68.00 |
| Previous Close | 68.56 |
| Day's Range | 66.23 - 69.23 |
| 52-Week Range | 66.23 - 135.00 |
| Beta | 1.74 |
| Analysts | Strong Buy |
| Price Target | 140.50 (+109.39%) |
| Earnings Date | Feb 5, 2025 |
About WFRD
Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pres... [Read more]
Financial Performance
In 2023, Weatherford International's revenue was $5.14 billion, an increase of 18.56% compared to the previous year's $4.33 billion. Earnings were $417.00 million, an increase of 1503.85%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for WFRD stock is "Strong Buy." The 12-month stock price forecast is $140.5, which is an increase of 109.39% from the latest price.
News
Weatherford Announces Fourth-Quarter and Full-Year 2024 Conference Call
HOUSTON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Thursday, February 6, 2025 to discuss the Compan...
Weatherford Secures Three-Year Contract with ADNOC
HOUSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that it has been awarded a three-year contract for the provisio...
Weatherford Announces Contract Awards with Kuwait Oil Company and NOC in Qatar
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced two contracts in the Middle East, with Kuwait Oil Company (“KOC...
Weatherford CEO explains how it's dealing with energy market volatility
Girish Saligram, president and CEO of Weatherford, discusses the outlook for the company and the oil market.
Weatherford: Q3 Shows A Very Mixed Picture
Weatherford International's Q3 revenue missed analyst expectations, but EPS beat estimates, showing mixed financial performance. Segment revenues remained flat, with minimal growth, and adjusted EBITD...
Weatherford International plc (WFRD) Q3 2024 Earnings Call Transcript
Weatherford International plc (NASDAQ:WFRD) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants Luke Lemoine - SVP, Corporate Development and IR Girish Saligram - Presid...
Weatherford Third Quarter 2024 Results
Revenues of $1,409 million increased 7% year-over-year Operating income of $243 million increased 11% year-over-year Net income of $157 million increased 28% year-over-year; net income margin of 11.1%...
I'd avoid SLB and Baker Hughes and buy Weatherford stock
The energy industry has come into the spotlight recently as crude oil and natural gas prices have retreated. Most oil stocks have pulled back as investors have embraced the new normal of lower prices...
Weatherford Announces Third-Quarter 2024 Conference Call
HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, October 23, 2024 to discuss the Comp...
Weatherford Announces S&P Credit Rating Upgrade To ‘BB-' From 'B+', Positive Outlook
HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the Company's issuer credit rating has recently been upgraded ...
Weatherford Announces Acquisition of Datagration
HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the acquisition of Datagration Solutions Inc., an innovator in...
Weatherford Releases Annual Sustainability Report
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” the “Company,” “we,” “us,” and “our”) announced today the release of its annual Sustainability R...
Weatherford International plc (WFRD) Q2 2024 Earnings Call Transcript
Weatherford International plc (NASDAQ:WFRD) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Mohammed Topiwala - Vice President, Investor Relations & M&A Girish Saligram...
Weatherford Announces Second Quarter 2024 Results and Shareholder Return Program
*Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled
Weatherford Announces New Appointment to Board of Directors
HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Steven ...
Weatherford Announces Second-Quarter 2024 Conference Call
HOUSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, July 24, 2024 to discuss the Company'...
How M&A Is Changing The Energy Sector
Girish Saligram CEO of Weatherford joins Bloomberg Intelligence to discuss recent company announcements and the recent mergers and acquisitions in the energy sector.
Weatherford Announces Expansion of Credit Facility and Amendment of Accordion Size
HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and together with its subsidiaries, the “Company,” “we,” “us” and “our”) announced that it has i...
Weatherford Awarded Drilling Services Contract from Bapco Energies
HOUSTON, June 06, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced it has been awarded a new five-year contract with Bapco Upstream, a s...
Weatherford Signs Memorandum of Understanding with QatarEnergy to Advance Tawteen In-Country Value Program
HOUSTON, June 04, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced it has signed a Memorandum of Understanding (“MOU”) with QatarEnergy ...
Top Quant Stocks Across 11 Market Sectors With Steven Cress
Quantitative investment analysis involves using computer processing power to analyze thousands of stocks and identify strong investment opportunities. Sector diversification is important to minimize r...
Weatherford Awarded Framework Extension with Equinor for Completions and Slot Recovery
HOUSTON, May 28, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced it has been awarded a two-year frame agreement extension with Equinor,...
Weatherford International: Poised For Growth In The Energy Services Bull Market
Weatherford International is positioned well to benefit from multiple years of industry growth. Weatherford is experiencing strong demand for its key solutions. Weatherford has strategies in place to ...
Weatherford International: Supportive Economics With Price/Value Gap
In 2024, we are seeking diversified exposure to commodity sub industries via differentiated operators with attractive economics. Weatherford International is well positioned to unlock risk capital for...
Weatherford: Fundamentals, Valuation Make This Stock An Attractive Buy
Weatherford stock has had a remarkable rise over a three-year period, but I want to make the case that price history should not cloud an investment decision. The company is firing on all cylinders and...