Weatherford International Plc Stock Today

WFRD Stock  USD 85.83  0.51  0.60%   

Performance

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Odds Of Distress

Less than 3

 
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Weatherford International is trading at 85.83 as of the 24th of November 2024, a 0.60 percent increase since the beginning of the trading day. The stock's lowest day price was 85.43. Weatherford International has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Weatherford International PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
2nd of June 2021
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 was incorporated in 1972 and is based in Houston, Texas. The company has 72.65 M outstanding shares of which 2.1 M shares are at this time shorted by private and institutional investors with about 1.87 trading days to cover. More on Weatherford International PLC

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Weatherford Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentGirishchandra Saligram
Thematic IdeaMachinery (View all Themes)
Business ConcentrationOil & Gas Equipment & Services, Energy, SP Midcap 400, PHLX Oil Service, NASDAQ Composite, Machinery, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.531.0132
Way Down
Slightly volatile
Gross Profit Margin0.360.3389
Notably Up
Slightly volatile
Total Current Liabilities1.6 B1.9 B
Fairly Down
Slightly volatile
Non Current Liabilities Total3.2 B2.3 B
Significantly Up
Slightly volatile
Total Assets7.8 B5.1 B
Way Up
Slightly volatile
Total Current AssetsB3.3 B
Moderately Down
Slightly volatile
Debt Levels
Weatherford International can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Weatherford International's financial leverage. It provides some insight into what part of Weatherford International's total assets is financed by creditors.
Liquidity
Weatherford International PLC currently holds 2.06 B in liabilities with Debt to Equity (D/E) ratio of 5.04, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Weatherford International has a current ratio of 3.53, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Weatherford International's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

654.15 Million
Weatherford International PLC (WFRD) is traded on NASDAQ Exchange in USA. It is located in 2000 St. James Place, Houston, TX, United States, 77056 and employs 19,000 people. Weatherford International is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.24 B. Weatherford International conducts business under Energy Equipment & Services sector and is part of Energy industry. The entity has 72.65 M outstanding shares of which 2.1 M shares are at this time shorted by private and institutional investors with about 1.87 trading days to cover. Weatherford International PLC currently holds about 933 M in cash with 832 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.14.
Check Weatherford International Probability Of Bankruptcy
Ownership Allocation
Weatherford International PLC retains a total of 72.65 Million outstanding shares. The majority of Weatherford International outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Weatherford International to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Weatherford International PLC. Please pay attention to any change in the institutional holdings of Weatherford International as this could imply that something significant has changed or is about to change at the company. Also note that almost one hundred fifty-nine thousand eight hundred thirty-four invesors are currently shorting Weatherford International expressing very little confidence in its future performance.
Check Weatherford Ownership Details

Weatherford Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
1.1 M
Dimensional Fund Advisors, Inc.2024-09-30
1.1 M
Loomis, Sayles & Company Lp2024-06-30
1.1 M
Norges Bank2024-06-30
973.6 K
Congress Asset Management Company, Llp2024-09-30
903.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
894.4 K
Van Eck Associates Corporation2024-06-30
831 K
Charles Schwab Investment Management Inc2024-09-30
757.8 K
Bank Of America Corp2024-06-30
702 K
Vanguard Group Inc2024-09-30
7.4 M
T. Rowe Price Associates, Inc.2024-06-30
7.4 M
View Weatherford International Diagnostics

Weatherford International Historical Income Statement

At present, Weatherford International's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 861 M, whereas Gross Profit is forecasted to decline to about 1.4 B. View More Fundamentals

Weatherford Stock Against Markets

Weatherford International Corporate Management

Scott WeatherholtGeneral VPProfile
Luke CFASenior RelationsProfile
David ReedExecutive OfficerProfile
Desmond MillsSenior OfficerProfile
Sebastian PellizzerDirector RelationsProfile
Kelley HughesDirector CommunicationsProfile

Already Invested in Weatherford International PLC?

The danger of trading Weatherford International PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Weatherford International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Weatherford International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Weatherford International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Weatherford International is a strong investment it is important to analyze Weatherford International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Weatherford International's future performance. For an informed investment choice regarding Weatherford Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Weatherford International. If investors know Weatherford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Weatherford International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.242
Dividend Share
0.25
Earnings Share
7.15
Revenue Per Share
75.912
Quarterly Revenue Growth
0.073
The market value of Weatherford International is measured differently than its book value, which is the value of Weatherford that is recorded on the company's balance sheet. Investors also form their own opinion of Weatherford International's value that differs from its market value or its book value, called intrinsic value, which is Weatherford International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Weatherford International's market value can be influenced by many factors that don't directly affect Weatherford International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Weatherford International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weatherford International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weatherford International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.