Energy - Oil & Gas Equipment & Services - NASDAQ - US
$ 81.86
-1.96 %
$ 5.95 B
Market Cap
11.45
P/E
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 acidizing, fracturing, cementing, and coiled-tubing intervention; and drill stem test tools, surface well testing, and multiphase flow measurement services. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services.[ Read More ]
The intrinsic value of one WFRD stock under the base case scenario is HIDDEN Compared to the current market price of 81.9 USD, Weatherford International plc is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart WFRD
FINANCIALS
5.14 B
REVENUE
820 M
OPERATING INCOME
449 M
NET INCOME
832 M
OPERATING CASH FLOW
-289 M
INVESTING CASH FLOW
-514 M
FINANCING CASH FLOW
1.41 B
REVENUE
243 M
OPERATING INCOME
166 M
NET INCOME
262 M
OPERATING CASH FLOW
-92 M
INVESTING CASH FLOW
-89 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Weatherford International plc
| Current Assets | 3.34 B |
| Cash & Short-Term Investments | 958 M |
| Receivables | 1.22 B |
| Other Current Assets | 1.17 B |
| Non-Current Assets | 1.72 B |
| Long-Term Investments | 0 |
| PP&E | 1.1 B |
| Other Non-Current Assets | 628 M |
| Current Liabilities | 1.87 B |
| Accounts Payable | 679 M |
| Short-Term Debt | 214 M |
| Other Current Liabilities | 973 M |
| Non-Current Liabilities | 2.28 B |
| Long-Term Debt | 1.85 B |
| Other Non-Current Liabilities | 434 M |
EFFICIENCY
Earnings Waterfall
Weatherford International plc
| Revenue | 5.14 B |
| Cost Of Revenue | 3.4 B |
| Gross Profit | 1.74 B |
| Operating Expenses | 920 M |
| Operating Income | 820 M |
| Other Expenses | 371 M |
| Net Income | 449 M |
RATIOS
33.89%
GROSS MARGIN
15.97%
OPERATING MARGIN
8.12%
NET MARGIN
45.13%
ROE
8.23%
ROA
26.42%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Weatherford International plc
| Net Income | 449 M |
| Depreciation & Amortization | 327 M |
| Capital Expenditures | -209 M |
| Stock-Based Compensation | 35 M |
| Change in Working Capital | -79 M |
| Others | 211 M |
| Free Cash Flow | 623 M |
Wall Street Analysts Price Targets
Weatherford International plc
Wall Street analysts predict an average 1-year price target for WFRD of $162 , with forecasts ranging from a low of $142 to a high of $184 .
WFRD Lowest Price Target
Wall Street Target
142 USD
73.47%
WFRD Average Price Target
Wall Street Target
162 USD
98.51%
WFRD Highest Price Target
Wall Street Target
184 USD
124.77%
4. DIVIDEND ANALYSIS
0.29%
DIVIDEND YIELD
0.25 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Weatherford International plc
Sold
0-3 MONTHS
1.16 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
8.49 M USD 5
9-12 MONTHS
12.4 M USD 7
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
3 weeks ago
Oct 25, 2024
|
Sell 522 K USD
|
Mills Desmond J
SVP & Chief Accounting Officer |
- 6531
|
79.86 USD |
|
2 months ago
Sep 05, 2024
|
Sell 639 K USD
|
Reed David John
EVP, Chief Commercial Officer |
- 6805
|
93.9589 USD |
|
6 months ago
Apr 25, 2024
|
Sell 1.12 M USD
|
SLEDGE CHARLES M
Director |
- 9100
|
123.3809 USD |
|
6 months ago
Apr 25, 2024
|
Sell 112 K USD
|
SLEDGE CHARLES M
Director |
- 900
|
124.3294 USD |
|
8 months ago
Feb 21, 2024
|
Sell 878 K USD
|
Saligram Girish
President and CEO |
- 8603
|
102.0375 USD |
|
8 months ago
Feb 21, 2024
|
Sell 2.34 M USD
|
Saligram Girish
President and CEO |
- 22677
|
103.1945 USD |
|
8 months ago
Feb 21, 2024
|
Sell 2.1 M USD
|
Saligram Girish
President and CEO |
- 20213
|
104.123 USD |
|
8 months ago
Feb 21, 2024
|
Sell 892 K USD
|
Saligram Girish
President and CEO |
- 8507
|
104.7993 USD |
|
9 months ago
Feb 15, 2024
|
Sell 420 K USD
|
Sandhu Depinder
EVP, Global Product Lines |
- 4167
|
100.8277 USD |
|
9 months ago
Feb 15, 2024
|
Sell 56.1 K USD
|
Sandhu Depinder
EVP, Global Product Lines |
- 550
|
101.9273 USD |
|
9 months ago
Feb 15, 2024
|
Sell 263 K USD
|
Reed David John
EVP, Chief Commercial Officer |
- 2700
|
97.5 USD |
|
9 months ago
Feb 15, 2024
|
Sell 298 K USD
|
Mutschler Jacqueline C
Director |
- 3000
|
99.45 USD |
|
9 months ago
Feb 09, 2024
|
Sell 1.17 M USD
|
Duster Benjamin
Director |
- 12000
|
97.58 USD |
|
9 months ago
Feb 12, 2024
|
Sell 1.16 M USD
|
Duster Benjamin
Director |
- 12000
|
96.9821 USD |
|
9 months ago
Feb 08, 2024
|
Sell 494 K USD
|
SLEDGE CHARLES M
Director |
- 5000
|
98.74 USD |
|
9 months ago
Feb 08, 2024
|
Sell 988 K USD
|
GOLDMAN NEAL P
Director |
- 10000
|
98.82 USD |
|
9 months ago
Feb 09, 2024
|
Sell 1.46 M USD
|
GOLDMAN NEAL P
Director |
- 15000
|
97.3963 USD |
|
9 months ago
Feb 08, 2024
|
Sell 924 K USD
|
Weatherholt Scott C
EVP, GC & CCO |
- 9404
|
98.303 USD |
|
9 months ago
Feb 08, 2024
|
Sell 2.92 M USD
|
Weatherholt Scott C
EVP, GC & CCO |
- 29439
|
99.0538 USD |
|
9 months ago
Feb 08, 2024
|
Sell 161 K USD
|
Weatherholt Scott C
EVP, GC & CCO |
- 1612
|
99.7219 USD |
|
9 months ago
Feb 09, 2024
|
Sell 484 K USD
|
Mutschler Jacqueline C
Director |
- 5000
|
96.882 USD |
|
9 months ago
Feb 08, 2024
|
Sell 1.08 M USD
|
Mills Desmond J
SVP & Chief Accounting Officer |
- 11000
|
98.0354 USD |
|
11 months ago
Dec 05, 2023
|
Sell 1.53 M USD
|
Mongrain Joseph H
EVP & Chief People Officer |
- 17071
|
89.91 USD |
|
1 year ago
May 23, 2023
|
Sell 3.01 M USD
|
Saligram Girish
President and CEO |
- 50750
|
59.339 USD |
|
1 year ago
May 18, 2023
|
Sell 861 K USD
|
Mills Desmond J
SVP & Chief Accounting Officer |
- 15000
|
57.42 USD |
|
1 year ago
Mar 02, 2023
|
Sell 1 M USD
|
Mongrain Joseph H
EVP & Chief People Officer |
- 15000
|
66.83 USD |
|
1 year ago
Feb 15, 2023
|
Sell 1.07 M USD
|
Weatherholt Scott C
EVP, GC & CCO |
- 16205
|
65.84 USD |
|
1 year ago
Feb 15, 2023
|
Sell 1.54 M USD
|
Weatherholt Scott C
EVP, GC & CCO |
- 23160
|
66.63 USD |
7. News
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 provision of rigless services as part of the reactivation of ADNOC onshore strings. The project is slated to begin in the fourth quarter of 2024, where Weatherford is expected to deploy multiple intervention solutions, advancing the operational efficiency and reliability of ADNOC's onshore assets.
globenewswire.com
- 1 week ago
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”) and a National Oil Company (“NOC”) in Qatar.
globenewswire.com
- 1 week ago
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 EBITDA decreased by 3%, indicating slowing growth. Despite positive capital allocation moves and reduced net debt, the company's future growth outlook is unclear.
seekingalpha.com
- 3 weeks ago
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 - President & CEO Arun Mitra - EVP & CFO Conference Call Participants David Anderson - Barclays James West - Evercore Scott Gruber - Citigroup Ati Modak - Goldman Sachs Jim Rollyson - Raymond James Saurabh Pant - Bank of America Kurt Hallead - Benchmark Doug Becker - Capital One Joshua Chan - Daniel Energy Partners Operator Thank you. Ladies and gentlemen, thank you for standing by.
seekingalpha.com
- 3 weeks ago
Weatherford (WFRD) Surpasses Q3 Earnings Estimates
Weatherford (WFRD) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.66 per share a year ago.
zacks.com
- 3 weeks ago
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% Adjusted EBITDA* of $355 million increased 16% year-over-year; adjusted EBITDA margin* of 25.2% increased by 197 basis points year-over-year Cash provided by operating activities of $262 million, an increase of $112 million sequentially and $90 million year-over-year; adjusted free cash flow* of $184 million, an increase of $88 million sequentially and $47 million year-over-year Received credit rating upgrade from S&P Global Ratings to ‘BB-' with positive outlook, and from Fitch to ‘BB-' with stable outlook Shareholder returns of $68 million for the quarter, which includes dividends payment of $18 million and share repurchases of $50 million Board approved quarterly cash dividend of $0.25 per share payable on December 5, 2024 to shareholders of record as of November 6, 2024 Deployment of Victus™ Managed Pressure Drilling (MPD) systems in the first two deep geothermal exploration wells that have been drilled for a major operator in the Middle East Aramco awarded Weatherford a three-year Corporate Procurement Agreement (CPA) including Cementation Products, Completions, Liner Hangers, and Whipstocks, as well as associated service agreements, to enhance its operational efficiency and strategic goals Hosted 20th annual FWRD conference focused on digitalization and next-generation life-of-well solutions to boost efficiency, sustainability, and performance *Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled HOUSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the third quarter of 2024. Revenues for the third quarter of 2024 were $1,409 million, an increase of 0.3% sequentially and an increase of 7% year-over-year.
globenewswire.com
- 3 weeks ago
Analysts Estimate Weatherford (WFRD) to Report a Decline in Earnings: What to Look Out for
Weatherford (WFRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
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 as demand concerns have remained.
invezz.com
- 1 month ago
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 Company's results for the third quarter ending September 30, 2024.
globenewswire.com
- 1 month ago
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 to ‘BB-' from 'B+' by S&P Global Ratings (“S&P”). S&P based the rating upgrade on multiple factors, including improved operating efficiency and debt repayment.
globenewswire.com
- 2 months ago
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 unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as having one of the industry's most capable and contemporary digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio.
globenewswire.com
- 2 months ago
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 Report, which shares the Company's latest advancements in environmental, social, and governance (“ESG”) practices and sustainability efforts.
globenewswire.com
- 3 months ago
8. Profile Summary
Weatherford International plc WFRD
COUNTRY
US
INDUSTRY
Oil & Gas Equipment & Services
MARKET CAP
$ 5.95 B
Dividend Yield
0.29%
Description
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 acidizing, fracturing, cementing, and coiled-tubing intervention; and drill stem test tools, surface well testing, and multiphase flow measurement services. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high-temperature and high-pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed-loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open hole and cased-hole logging services; and intervention and remediation services. Further, the company provides tubular handling, management, and connection services; and re-entry, fishing, wellbore cleaning, and well abandonment services, as well as patented bottom hole, tubularhandling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.
Contact
2000 St. James Place, Houston, TX, 77056
https://www.weatherford.com
IPO Date
Jan. 4, 2021
Employees
19000
Officers
Mr. Girishchandra K. Saligram
President, Chief Executive Officer & Director
Mr. Charles W. Davison Jr.
Executive Vice President and Chief Fulfillment & Enterprise Infrastructure Officer
Kelley Hughes
Director of Global Communications
Ms. Kristin Ruzicka
Senior Vice President & Chief Human Resources Officer
Mr. David John Reed
Executive Vice President & Chief Commercial Officer
Mr. Luke Michael Lemoine C.F.A.
Senior Vice President of Corporate Development & Investor Relations
Mr. Richard D. Ward
Executive Vice President of Global Field Operations
Mr. Arunava Mitra
Executive Vice President & Chief Financial Officer
Depinder Sandhu
Executive Vice President of Global Product Lines & Technology
Mr. Desmond J. Mills
Senior Vice President & Chief Accounting Officer