Weatherford enjoyed a solid second quarter, with third-quarter revenue of $1.14 billion improving 3% sequentially, and adjusted EBITDA margin of 22.2% increasing by 200 basis points over that same period. Weatherford also completed its stock and cash acquisition of NCS multistage.
Weatherford is focusing on differentiated, niche markets, which should allow it to continue to widen margins and increase free cash flow.
The market is extrapolating the benefits of higher commodity prices and their implications for Weatherford’s long-term pricing power.
|
Metric
|
WFRD
|
HAL
|
SLB
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.85 | 14.34 | 20.36 |
Price/Book Value | 3.17 | 2.55 | 2.91 |
Price/Sales | 1.32 | 2.50 | 2.12 |
Price/Cash Flow | 9.16 | 10.03 | 11.76 |
|
Metric
|
WFRD
|
HAL
|
SLB
|
|---|---|---|---|
Quick Ratio | 1.35 | 1.25 | 0.94 |
Current Ratio | 2.04 | 2.02 | 1.44 |
Interest Coverage | 4.48 | 7.16 | 8.41 |
|
Metric
|
WFRD
|
HAL
|
SLB
|
|---|---|---|---|
Return on Assets (Normalized) | 10.52% | 7.88% | 7.11% |
Return on Equity (Normalized) | 31.22% | 18.83% | 15.37% |
Return on Invested Capital (Normalized) | 17.94% | 11.91% | 10.72% |
|
1-Day Chart
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Price
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Morningstar Rating for Stocks
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United States