Weatherford International plc (WFRD)
| Market Cap | 8.08B |
| Revenue (ttm) | 5.14B |
| Net Income (ttm) | 417.00M |
| Shares Out | 72.32M |
| EPS (ttm) | 5.66 |
| PE Ratio | 19.60 |
| Forward PE | 15.69 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 184,502 |
| Open | 110.10 |
| Previous Close | 110.93 |
| Day's Range | 109.22 - 112.75 |
| 52-Week Range | 55.81 - 127.45 |
| Beta | 1.87 |
| Analysts | Strong Buy |
| Price Target | 129.67 (+15.99%) |
| Earnings Date | Apr 23, 2024 |
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, WFRD'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 9 analysts, the average rating for WFRD stock is "Strong Buy." The 12-month stock price forecast is $129.67, which is an increase of 15.99% from the latest price.
News
Weatherford Releases 2023 Digital Annual Update
HOUSTON, April 16, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced the release of its 2023 Annual Update, highlighting outstanding resu...
Weatherford Announces First-Quarter 2024 Conference Call
HOUSTON, March 22, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, April 24, 2024 to discuss the Compan...
Weatherford Announces Fourth Quarter and Full Year 2023 Results
Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from prior year, driven by international revenue growth of...
Weatherford Announces Fourth-Quarter and Full-Year 2023 Conference Call
HOUSTON, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, February 7, 2024 to discuss the Compa...
Weatherford Awarded 10K DPR Intervention Services Contract with Petrobras
HOUSTON, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (the "Company" or "Weatherford") today announced it has been awarded a five-year contract with Petróleo Brasilei...
Weatherford Hosts FWRD Digital Conference Introducing Cutting-Edge Technology
HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) began its 19th annual FWRD Digital Conference today, convening figures from acr...
Weatherford Announces Agreement with Honeywell to Deliver Advanced Emissions Management Solution
HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced it has signed a memorandum of understanding (“MOU”) with Honeywell to...
Weatherford Announces Upgrade in Credit Rating To 'B+' From 'B', Outlook Positive
HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the Company's issuer credit rating has recently been upgraded t...
Weatherford Announces Upgrade in Credit Rating to ‘B1' from ‘B2', Positive Outlook
HOUSTON, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that Moody's Investors Service ("Moody's") upgraded its Corpora...
Weatherford Announces Fitch Credit Rating of ‘B+'
HOUSTON, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced Fitch Ratings (“Fitch”) has initiated a credit rating of ‘B+' w...
Weatherford Announces Third Quarter 2023 Results and Raises Full-Year Outlook
Revenues of $1,313 million increased 3% sequentially and 17% year-over-year, driven by international revenue growth of 3% sequentially and 27% year-over-year Operating income of $218 million increased...
Weatherford Announces $550 Million Credit Facility with $300 Million Borrowing Capacity
HOUSTON, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and, the “Company,” “we,” “us” and “our”) announced a five-year credit facility that is effectiv...
Weatherford Announces Intention to Redeem $50 Million Principal Amount of 6.50% Senior Notes Due 2028
HOUSTON, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and, the “Company,” “we,” “us” and “our”) through its wholly owned subsidiary, Weatherford Inter...
Weatherford CEO says oilfield services firm has been through ‘a remarkable turnaround'
Girish Saligram, CEO of oilfield services company Weatherford, discusses the firm's “remarkable transformation” in recent years and shares his views on the energy transition.
Weatherford Announces Third-Quarter 2023 Conference Call
HOUSTON, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, October 25, 2023 to discuss the Comp...
Weatherford Announces Second Quarter 2023 Results and Raises Full-Year Outlook
*Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled
Weatherford Awarded Offshore Intervention Services Contract with Petrobras
HOUSTON, July 12, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (the "Company" or "Weatherford") today announced it has been awarded a five-year contract to provide Interventio...
Weatherford Releases 2022 Sustainability Report
HOUSTON, July 06, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” the “Company,” “we,” “us,” and “our”) announced today the release of its 2022 Sustainability Rep...
Weatherford Announces Second-Quarter 2023 Conference Call
HOUSTON, June 30, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, July 26, 2023 to discuss the Company'...
Weatherford Awarded Drilling Services Contract from Aramco
HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced it has been awarded a three-year contract with Aramco to deliver dril...
Yacktman Asset Management Enters South Korea ETF Position
Yacktman Asset Management (Trades, Portfolio) disclosed its first-quarter 13F portfolio update, revealing its top trades included a new holding in iShares MSCI South Korea ETF ( EWY , Financial) and b...
Here's how to play oil-industry stocks for long-term growth of 20% or more
Oil demand is likely to hold up longer than many people expect during the anticipated transition to electric vehicles. And changes in the industry point to oilfield services companies as good long-ter...
Weatherford Announces First Quarter 2023 Results
*Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled
Weatherford Announces Launch of Consent Solicitation to Holders of its 6.500% Senior Secured First Lien Notes Due 2028
HOUSTON, April 12, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and together with its subsidiaries, the “Company,” “we,” “us” and “our”) today announced that W...
Weatherford Announces First-Quarter 2023 Conference Call
HOUSTON, March 31, 2023 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, April 26, 2023 to discuss the Compan...