Weatherford International plc (WFRD)

NASDAQ: WFRD · IEX Real-Time Price · USD
26.17
+1.97 (8.14%)
Aug 18, 2022 4:00 PM EDT - Market closed
8.14%
Market Cap 1.85B
Revenue (ttm) 3.91B
Net Income (ttm) -330.00M
Shares Out 70.55M
EPS (ttm) -5.91
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 406,025
Open 24.78
Previous Close 24.20
Day's Range 24.65 - 26.28
52-Week Range 13.86 - 40.16
Beta 2.74
Analysts Buy
Price Target 45.22 (+72.8%)
Earnings Date Jul 28, 2022

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 in two segments, Western Hemisphere and Eastern Hemisphere. 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; pressure pumping and reservoir stimulation services, such as ... [Read more...]

Industry Oil & Gas Equipment & Services
Founded 1941
CEO Mark McCollum
Employees 17,500
Stock Exchange NASDAQ
Ticker Symbol WFRD
Full Company Profile

Financial Performance

In 2021, WFRD's revenue was $3.65 billion, a decrease of -1.09% compared to the previous year's $3.69 billion. Losses were -$450.00 million, -76.57% less than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for WFRD stock is "Buy." The 12-month stock price forecast is 45.22, which is an increase of 72.79% from the latest price.

Price Target
$45.22
(72.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Wall Street Analysts See a 103% Upside in Weatherford (WFRD): Can the Stock Really Move This High?

The mean of analysts' price targets for Weatherford (WFRD) points to a 102.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analy...

Weatherford Announces Second Quarter 2022 Results and Raises Full-Year Outlook

Full-year revenue outlook increased to mid-teens growth year-over-year Second quarter revenues of $1,064 million increased 13% sequentially, led by strong international growth of 14% Operating income wa...

Weatherford International plc Announces Redemption of $50 million principal amount of its 11.0% senior notes due Dece...

HOUSTON , July 11, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced it intends to use cash on hand to redeem $50 million principal amoun...

Weatherford Announces Second-Quarter 2022 Conference Call

HOUSTON , July 5, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") will host a conference call on Thursday, July 28, 2022 to discuss the Company's resul...

Weatherford joins Russell 3000® Index

HOUSTON , June 24, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford," the "Company," "we," "us," and "our") announced today it has been added as a member of the broad-mark...

Weatherford Releases 2021 Sustainability Report

HOUSTON , May 25, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford," the "Company," "we," "us," and "our") announced today the release of its inaugural Sustainability Repo...

Weatherford Announces Executive Leadership Changes

HOUSTON , May 16, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced today that H. Keith Jennings, Executive Vice President and Chief Financial ...

Weatherford Announces First Quarter 2022 Results

Revenues of $938 million increased 13% year-over-year Operating income totaled $18 million and adjusted EBITDA[1] totaled $151 million, or 16% adjusted EBITDA margins representing increases of 238%, 48%...

Here's Why "Trend" Investors Would Love Betting on Weatherford (WFRD)

Weatherford (WFRD) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Weatherford Announces First-Quarter 2022 Conference Call

HOUSTON , March 30, 2022  /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") will host a conference call on Thursday, April 28, 2022 to discuss the Company's r...

Here's Why Momentum in Weatherford (WFRD) Should Keep going

Weatherford (WFRD) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Weatherford Announces Update on Russia Operations

HOUSTON, March 20, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced the following update to its Russia operations. Girish Saligram, Pres...

Weatherford Releases 2021 Annual Report

HOUSTON , March 17, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced the release of its 2021 Annual Report. The interactive and fully digital ...

Weatherford Wins OTC Asia Spotlight on New Technology Award for the Memory Raptor™ Cased-Hole Evaluation System

HOUSTON, March 17, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced that its Memory Raptor cased-hole evaluation system won an Offshore Techno...

Weatherford Announces Fourth Quarter and Full Year 2021 Results

HOUSTON, Feb. 16, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced today its results for the fourth quarter of 2021. Fourth quarter 2021 reven...

Weatherford Reportable Segment Change

HOUSTON, Feb. 9, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced today a segment recast by quarter for the full year 2020 and through the thi...

Weatherford Announces Fourth-Quarter and Full-Year 2021 Conference Call

HOUSTON, Jan. 18, 2022 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") will host a conference call on Thursday, February 17, 2022 to discuss the Company's r...

Weatherford Announces Upgrade in Credit Rating To 'B-' From 'CCC+', Outlook Stable

HOUSTON, Dec. 13, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced the Company's issuer credit rating has recently been upgraded to 'B-'...

Weatherford International (WFRD) Sees Hammer Chart Pattern: Time to Buy?

Weatherford International (WFRD) has been struggling lately, but the selling pressure may be coming to an end soon.

Weatherford Awarded Digital Oilfield Project in Kuwait

HOUSTON, Dec. 1, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced it was awarded a three-year digital oilfield contract from one of the ...

Weatherford Awarded Over $1 Billion in Downhole Completion and Liner Hanger Contracts by Abu Dhabi National Oil Company

HOUSTON, Nov. 16, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced that it was awarded two five-year contracts with Abu Dhabi National O...

Here's Why Momentum in Weatherford International PLC (WFRD) Should Keep going

Weatherford International PLC (WFRD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that ...

Weatherford Announces Third Quarter 2021 Results

HOUSTON, Nov. 1, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announced today its results for the third quarter of 2021. Third quarter 2021 revenues...

Weatherford International plc Announces Closing of Senior Notes Offering

HOUSTON, Oct. 27, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced that its wholly-owned subsidiary, Weatherford International Ltd. (the...

Weatherford International plc Announces Early Tender Results of Cash Tender Offer for up to $1,600,000,000 of Weather...

HOUSTON, Oct. 26, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced the early tender results as of 5:00 p.m., New York City time, on Octo...