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Weatherford International PLC Ordinary Shares - New WFRD Stock Quote

| Rating as of

NASDAQ: WFRD

Last close prices updated as of May 26, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 59.07
  • Sector Energy
  • Industry Oil & Gas Equipment & Services
  • Investment Style Small Growth
  • Day Range 58.12  –  59.78
  • Year Range 16.96  –  70.18
  • Market Cap 4.2568 Bil
  • Volume / Avg 635,146.0 /  709,181.5
  • Price / Sales 0.93
  • Price / Book 7.51
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis WFRD

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Weatherford International Earnings: Elevated Production Activity Offsets Usual Seasonal Declines

Analyst Note

| Katherine Olexa |

No-moat Weatherford beat its first-quarter guidance as several regional end markets proved much stronger than anticipated, further supported by earlier-than-expected contract additions (initially slated for the second quarter). Total revenue increased 26% year over year and decreased 2% sequentially, slightly less than the low- to mid-single-digit revenue drop typical of first-quarter performances. Profitability also outperformed expectations with the firmwide adjusted EBITDA margin approaching 23%. This reflects a more than 600 basis point increase year over year, nearly double the guidance management issued in February. Accelerating activity in international markets on top of this quarter's outperformance leaves Weatherford well-positioned for a very strong fiscal 2023. We're therefore raising our fair value estimate to $62 from $53 following the results.

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Key Statistics WFRD

Company Profile WFRD

Business Description

Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Contact
2000 St. James Place
Houston, TX, 77056
Sector Energy
Industry Oil & Gas Equipment & Services
Employees 17,700

Related Articles WFRD

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of WFRD’s competitive advantage.

Weatherford International PLC Ordinary Shares - New

XNAS: WFRD

Halliburton Co

XNYS: HAL

SLB

XNYS: SLB
Price
59.0730.2044.48
Currency
USDUSDUSD
Change
−$0.20 (0.34%) −$0.12 (0.40%) −$0.68 (1.51%)
Market Cap
4.26 Bil27.25 Bil63.40 Bil
Industry
Oil & Gas Equipment & Services Oil & Gas Equipment & Services Oil & Gas Equipment & Services
Sector
Energy
Energy
Energy

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Weatherford International PLC Ordinary Shares - New Stock

No. WFRD does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

WFRD’s market cap is 4.26 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

WFRD’s stock style is Small Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

WFRD’s price/sales is 0.93.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

WFRD’s price/forward earnings is 24.11.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

WFRD’s price/book is 7.50.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See WFRD’s valuation ratios compared to the Market Index.

WFRD’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare WFRD’s historical performance against its industry peers and the overall market.