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.
Weatherford’s pursuit of projects that maximize profitability over projects that increase market share will mitigate margin volatility in downcycles.
Weatherford’s focus on high-margin projects in North America will cost the firm market share within a high-activity region.
|
Metric
|
WFRD
|
SLB
|
HAL
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.18 | 17.04 | 12.31 |
Price/Book Value | 8.64 | 3.60 | 3.66 |
Price/Sales | 1.60 | 2.22 | 1.51 |
Price/Cash Flow | 9.01 | 10.73 | 8.78 |
|
Metric
|
WFRD
|
SLB
|
HAL
|
|---|---|---|---|
Quick Ratio | 1.17 | 0.88 | 1.27 |
Current Ratio | 1.79 | 1.32 | 2.06 |
Interest Coverage | 3.46 | 11.30 | 6.68 |
|
Metric
|
WFRD
|
SLB
|
HAL
|
|---|---|---|---|
Return on Assets (Normalized) | 13.08% | 9.54% | 11.77% |
Return on Equity (Normalized) | 92.12% | 22.91% | 32.42% |
Return on Invested Capital (Normalized) | 25.21% | 14.48% | 18.20% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
SLB
| Schlumberger Ltd | Ncbdfgclg | Lbwdjy | $72.6 Bil | |
HAL
| Halliburton Co | Bgvcbkzssb | Dvbhcjj | $34.3 Bil | |
BKR
| Baker Hughes Co Class A | Ktqrtqszm | Mcph | $32.1 Bil | |
TS
| Tenaris SA ADR | Wfsbvvt | Kwc | $21.9 Bil | |
FTI
| TechnipFMC PLC | Vdhvcyxt | Njq | $11.0 Bil | |
NOV
| NOV Inc | Kfznmkz | Zgvbn | $7.3 Bil | |
CHX
| ChampionX Corp | Dclcfgcx | Zgxd | $7.0 Bil | |
LBRT
| Liberty Energy Inc Class A | Stfthmt | Swx | $3.7 Bil | |
XPRO
| Expro Group Holdings NV | Grzklkktz | Knyzm | $2.0 Bil |
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