Weatherford International

WFRD · NASDAQ

$79.34+$2.25 (+2.92%)TodayMarket closed ·
Prev close $77.09

About WFRD

Weatherford International plc engages in providing equipment and services to the oil and natural gas exploration and production industry. The company is headquartered in Houston, Texas and currently employs 16,700 full-time employees. The company went IPO on 2019-12-19. The firm is engaged in providing equipment and services used in the drilling, evaluation, well construction, completion, production, intervention and responsible abandonment of wells in the oil and natural gas exploration and production industry as well as new energy platforms. The firm operates through three segments: Drilling and Evaluation (DRE), Well Construction and Completions (WCC), and Production and Intervention (PRI). DRE offers a suite of services, including managed pressure drilling, drilling services, wireline, and drilling fluids. WCC offers products and services for well integrity assurance across the full life cycle of the well. PRI offers a suite of reservoir stimulation designs and engineering capabilities that isolate zones and unlock reserves in conventional and unconventional wells, deep water, and aging reservoirs. Its platforms include ForeSite, CygNet, CENTRO, and others.

Employees
16,700
Headquarters
Houston, Texas
Listed
Dec 19, 2019
Sector
Energy
Industry
Energy Equipment & Services

Leadership

Weatherford International executives
NameTitleSince
Charles Sledge——
Girishchandra Saligram—2020
Anuj Dhruv——
Scott Weatherholt——
Richard Ward——
Desmond Mills——
Steven Beringhause——
Benjamin Duster——
Neal Goldman——
Jacqueline Mutschler——
Luke Lemoine—2025

Revenue by product and region

Fiscal year ended Dec 31, 2018: $5.74B total revenue

By region

  • Western Hemisphere [Member]$3.06B53.3%
  • Europe/Sub-Sahara Africa/Russia [Member]$953.00M16.6%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Weatherford International suppliers and customers
CompanyRelationshipCorrelation
Eni ENI.MICustomer0.94
Equinor EQNR.OLCustomer0.84
Zhongman Petroleum and Natural Gas Group ASupplier0.84
NOW DNOWCustomer0.63
Vallourec VK.PASupplier0.57
Superior Drilling Prods SDPISupplier0.32
MRC Global MRCCustomer0.23
Grupo Carso ASupplier0.06
Hardide HDD.LSupplier-0.05
Sinopec Oilfield Service HSupplier and customer-0.22

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