Weatherford International Plc Stock Today
WFRD Stock | USD 85.83 0.51 0.60% |
Performance0 of 100
| Odds Of DistressLess 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 President | Girishchandra Saligram | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Machinery (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Oil & 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
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Debt LevelsWeatherford 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.
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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.
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Ownership AllocationWeatherford 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.
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Weatherford Stock Institutional Holders
Instituion | Recorded On | Shares | |
Bank Of New York Mellon Corp | 2024-06-30 | 1.1 M | |
Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.1 M | |
Loomis, Sayles & Company Lp | 2024-06-30 | 1.1 M | |
Norges Bank | 2024-06-30 | 973.6 K | |
Congress Asset Management Company, Llp | 2024-09-30 | 903.6 K | |
Morgan Stanley - Brokerage Accounts | 2024-06-30 | 894.4 K | |
Van Eck Associates Corporation | 2024-06-30 | 831 K | |
Charles Schwab Investment Management Inc | 2024-09-30 | 757.8 K | |
Bank Of America Corp | 2024-06-30 | 702 K | |
Vanguard Group Inc | 2024-09-30 | 7.4 M | |
T. Rowe Price Associates, Inc. | 2024-06-30 | 7.4 M |
Weatherford International Historical Income Statement
Weatherford Stock Against Markets
Weatherford International Corporate Management
Scott Weatherholt | General VP | Profile | |
Luke CFA | Senior Relations | Profile | |
David Reed | Executive Officer | Profile | |
Desmond Mills | Senior Officer | Profile | |
Sebastian Pellizzer | Director Relations | Profile | |
Kelley Hughes | Director Communications | Profile |
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. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.