Weatherford International PLC Ordinary Shares - New
WFRD: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$16.00 | Ztrd | Fkv |
Increased Global Investment in Oil and Gas Production Will Support Demand for Weatherford's Services
Business Strategy and Outlook
Weatherford is one of the larger oilfield service firms in an otherwise hyper-fragmented industry, but in terms of size, it remains some distance from the industry’s big three: Schlumberger, Baker Hughes, and Haliburton.