Weatherford International Plc Company Profile (NYSE:WFT)

About Weatherford International Plc (WFT)

Weatherford International Plc logoWeatherford International Ltd. (Weatherford) is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates four segments: North America, Latin America, Europe/West Africa/the former Soviet Union (FSU) and Middle East/North Africa/Asia. It operates in over 100 countries and have manufacturing facilities and sales, service and distribution locations in approximately all of the oil and natural gas producing regions in the world. The Company operates in ten service lines: artificial lift systems; stimulation and chemicals; drilling services; well construction; integrated drilling; completion systems; drilling tools; wireline and evaluation services; re-entry and fishing and pipeline and specialty services. Weatherford Switzerland conducts all of its operations through its subsidiaries, including Weatherford Bermuda and Weatherford International, Inc. (Weatherford Delaware).

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: WFT
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $5.48
  • 50 Day Moving Average: $6.23
  • 200 Day Moving Average: $5.61
  • 52-Week Range: $3.73 - $8.49
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -54.80
  • P/E Growth: 0.27
  • Market Cap: $5.39B
  • Outstanding Shares: 983,392,000
  • Beta: 2.24
  • Net Margins: -59.00%
  • Return on Equity: -30.56%
  • Return on Assets: -8.32%
  • Debt-to-Equity Ratio: 2.91%
  • Current Ratio: 1.69%
  • Quick Ratio: 0.99%

Analyst Ratings

Consensus Ratings for Weatherford International Plc (NYSE:WFT) (?)
Ratings Breakdown: 2 Sell Ratings, 10 Hold Ratings, 21 Buy Ratings
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: $7.34 (33.85% upside)

Analysts' Ratings History for Weatherford International Plc (NYSE:WFT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/18/2017Goldman Sachs Group IncDowngradeBuy -> Neutral$7.25MediumView Rating Details
4/3/2017Royal Bank of CanadaReiterated RatingBuy$8.00HighView Rating Details
4/3/2017Jefferies Group LLCSet Price TargetHold$6.00MediumView Rating Details
3/27/2017BMO Capital MarketsSet Price TargetBuy$7.00LowView Rating Details
3/27/2017StephensReiterated RatingUnderweight$3.75MediumView Rating Details
3/27/2017Deutsche Bank AGSet Price TargetBuy$8.00LowView Rating Details
3/27/2017Wells Fargo & CoUpgradeMarket Perform -> Outperform$6.36 -> $5.89HighView Rating Details
3/23/2017Tudor PickeringInitiated CoverageBuyHighView Rating Details
3/22/2017ScotiabankSet Price TargetHold$6.00HighView Rating Details
3/8/2017Clarkson CapitalUpgradeSell -> Neutral$4.50 -> $6.50LowView Rating Details
3/7/2017Cowen and CompanyReiterated RatingOutperform$7.00N/AView Rating Details
3/7/2017Morgan StanleyReiterated RatingOverweight$12.00N/AView Rating Details
3/7/2017Credit Suisse Group AGReiterated RatingOutperform$6.91N/AView Rating Details
3/7/2017Capital One Financial Corp.UpgradeEqual Weight -> Overweight$7.00N/AView Rating Details
3/7/2017Evercore ISIReiterated RatingOutperform$7.00N/AView Rating Details
2/3/2017Loop CapitalUpgradeHold -> Buy$7.00 -> $8.00N/AView Rating Details
1/18/2017SunTrust Banks, Inc.Initiated CoverageBuy$8.00N/AView Rating Details
1/9/2017Barclays PLCReiterated RatingOverweight -> Equal Weight$8.00 -> $7.00N/AView Rating Details
12/7/2016GuggenheimReiterated RatingBuyN/AView Rating Details
12/1/2016Sanford C. BernsteinInitiated CoverageIn-Line -> Outperform$7.00N/AView Rating Details
11/2/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Outperform$7.00 -> $6.50N/AView Rating Details
10/27/2016Howard WeilLower Price TargetSector Perform$8.00 -> $7.00N/AView Rating Details
10/11/2016Citigroup IncBoost Price TargetBuy$7.00 -> $8.00N/AView Rating Details
8/19/2016Seaport Global SecuritiesReiterated RatingBuyN/AView Rating Details
8/16/2016NomuraSet Price TargetBuy$10.00N/AView Rating Details
7/29/2016JPMorgan Chase & Co.Reiterated RatingBuy$9.00N/AView Rating Details
6/24/2016Imperial CapitalInitiated CoverageIn-Line -> In-Line$7.00N/AView Rating Details
6/13/2016Bank of America CorpInitiated CoverageUnderperformN/AView Rating Details
6/3/2016SimmonsUpgradeNeutral -> Overweight$7.20 -> $8.00N/AView Rating Details
6/2/2016Piper Jaffray CompaniesUpgradeNeutral -> OverweightN/AView Rating Details
5/10/2016Societe GeneraleDowngradeBuy -> HoldN/AView Rating Details
5/9/2016KLR GroupReiterated RatingAccumulate$9.25 -> $7.25N/AView Rating Details
5/8/2016Robert W. BairdReiterated RatingHoldN/AView Rating Details
4/7/2016Iberia CapitalReiterated RatingOutperform$9.00N/AView Rating Details
2/19/2016DA DavidsonInitiated CoverageBuy$9.00N/AView Rating Details
1/8/2016Oppenheimer Holdings Inc.Reiterated RatingBuyN/AView Rating Details
10/27/2015Susquehanna Bancshares IncUpgradeNeutral -> Positive$11.00 -> $12.00N/AView Rating Details
9/21/2015Sterne Agee CRTReiterated RatingHoldN/AView Rating Details
9/11/2015TD SecuritiesUpgradeHold -> BuyN/AView Rating Details
7/7/2015Griffin SecuritiesInitiated CoverageBuy$18.00N/AView Rating Details
(Data available from 4/24/2015 forward)


Earnings History for Weatherford International Plc (NYSE:WFT)
Earnings by Quarter for Weatherford International Plc (NYSE:WFT)
Earnings History by Quarter for Weatherford International Plc (NYSE:WFT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016Q3($0.25)($0.39)$1.44 billion$1.36 billionViewListenView Earnings Details
7/27/2016Q216($0.30)($0.28)$1.44 billion$1.40 billionViewListenView Earnings Details
5/4/2016Q1($0.26)($0.29)$1.66 billion$1.59 billionViewN/AView Earnings Details
2/3/2016Q4($0.19)($0.13)$2.00 billion$2.01 billionViewN/AView Earnings Details
10/26/2015Q315($0.11)($0.05)$2.34 billion$2.24 billionViewListenView Earnings Details
7/23/2015Q2($0.12)($0.10)$2.28 billion$2.39 billionViewListenView Earnings Details
4/22/2015Q115$0.01($0.04)$3.10 billion$2.79 billionViewListenView Earnings Details
2/4/2015Q414$0.37$0.32$3.91 billion$3.73 billionViewN/AView Earnings Details
10/22/2014Q3$0.33$0.32$3.88 billionViewListenView Earnings Details
7/23/2014Q214$0.21$0.24$3.78 billion$3.71 billionViewListenView Earnings Details
4/24/2014Q1$0.11$0.13$3.70 billion$3.60 millionViewListenView Earnings Details
2/26/2014Q413$0.07$0.07$3.83 billion$3.74 billionViewListenView Earnings Details
11/5/2013Q313$0.22$0.23$4.10 billion$3.82 billionViewListenView Earnings Details
7/30/2013Q2 2013$0.15$0.15$3.88 billion$3.87 billionViewListenView Earnings Details
5/2/2013Q1 2013$0.15$0.15$3.90 billion$3.84 billionViewListenView Earnings Details
4/24/2012$0.29$0.25ViewN/AView Earnings Details
7/26/2011$0.15$0.17ViewN/AView Earnings Details
4/21/2011$0.18$0.10ViewN/AView Earnings Details
1/25/2011$0.23$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Weatherford International Plc (NYSE:WFT)
2017 EPS Consensus Estimate: ($0.79)
2018 EPS Consensus Estimate: $0.00
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176($0.32)($0.24)($0.30)
Q2 20176($0.27)($0.16)($0.23)
Q3 20176($0.22)($0.10)($0.17)
Q4 20176($0.14)($0.05)($0.10)
Q1 20182($0.11)($0.02)($0.07)
Q2 20182($0.06)$0.00($0.03)
Q3 20183$0.01$0.04$0.02
Q4 20183$0.05$0.10$0.08
(Data provided by Zacks Investment Research)


Dividend History for Weatherford International Plc (NYSE:WFT)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Weatherford International Plc (NYSE:WFT)
Insider Ownership Percentage: 1.10%
Institutional Ownership Percentage: 91.29%
Insider Trades by Quarter for Weatherford International Plc (NYSE:WFT)
Institutional Ownership by Quarter for Weatherford International Plc (NYSE:WFT)
Insider Trades by Quarter for Weatherford International Plc (NYSE:WFT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/28/2017Douglas M MillsVPSell14,395$5.58$80,324.10View SEC Filing  
1/27/2017Douglas M MillsVPSell6,462$5.30$34,248.60View SEC Filing  
1/19/2017Douglas M MillsVPSell9,975$5.35$53,366.25View SEC Filing  
10/7/2016Douglas M MillsVPSell12,500$5.97$74,625.00View SEC Filing  
6/20/2016Douglas M MillsCAOSell3,621$6.11$22,124.31View SEC Filing  
5/9/2016Douglas M MillsCAOSell5,070$5.65$28,645.50View SEC Filing  
5/9/2016Francis S KalmanDirectorBuy30,000$5.29$158,700.00View SEC Filing  
3/1/2016Douglas M MillsCAOSell3,984$6.50$25,896.00View SEC Filing  
1/28/2016Douglas M MillsCAOSell4,486$6.47$29,024.42View SEC Filing  
9/23/2015Krishna ShivramCFOBuy33,750$8.83$298,012.50View SEC Filing  
9/22/2015Bernard J. Duroc-DannerCEOSell610,482$9.15$5,585,910.30View SEC Filing  
9/10/2015David J. ButtersDirectorSell20,000$9.84$196,800.00View SEC Filing  
9/3/2015David J. ButtersDirectorSell120,000$9.99$1,198,800.00View SEC Filing  
6/20/2015Douglas M MillsCAOSell3,751$13.01$48,800.51View SEC Filing  
5/26/2015Douglas M MillsCAOSell3,524$14.31$50,428.44View SEC Filing  
5/8/2015Douglas M MillsCAOSell10,192$14.12$143,911.04View SEC Filing  
12/3/2014John D GassDirectorBuy6,000$13.43$80,580.00View SEC Filing  
10/31/2014Dharmesh MehtaEVPBuy10,000$16.00$160,000.00View SEC Filing  
8/6/2014John D GassDirectorBuy2,500$21.81$54,525.00View SEC Filing  
7/3/2014William B JacobsonSVPSell27,234$22.78$620,390.52View SEC Filing  
2/28/2014William JacobsonSVPSell5,000$16.50$82,500.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Weatherford International Plc (NYSE:WFT)
Latest Headlines for Weatherford International Plc (NYSE:WFT)
DateHeadline logoWhat's in the Cards for Weatherford (WFT) in Q1 Earnings? - April 24 at 6:59 PM logoSomewhat Negative Media Coverage Likely to Affect Weatherford International Plc (WFT) Share Price - April 24 at 10:16 AM logoWeatherford International Plc (WFT) to Post Q1 2017 Earnings of ($0.32) Per Share, SunTrust Banks Forecasts - April 24 at 7:00 AM logoBrokers Offer Predictions for Weatherford International Plc's Q1 2017 Earnings (WFT) - April 24 at 7:00 AM logoSeaport Global Securities Analysts Reduce Earnings Estimates for Weatherford International Plc (WFT) - April 21 at 4:30 PM logoWeatherford International Plc (WFT) Given Daily Media Sentiment Rating of 0.03 - April 21 at 2:55 PM logoHow Weatherford Aims to Reduce Costs in 2017 - April 21 at 1:10 AM logoWhat’s Weatherford’s Implied Volatility? - April 21 at 1:10 AM logoWeatherford International Plc (WFT) Expected to Announce Quarterly Sales of $1.38 Billion - April 20 at 12:35 PM logoWhat Weatherford’s Management Projects ahead of 1Q17 Earnings - April 20 at 1:14 AM logoWhat Do Analysts Expect from Weatherford’s 1Q17 Earnings? - April 20 at 1:14 AM logoWeatherford International Plc Sees Unusually High Options Volume (WFT) - April 19 at 7:06 AM logoWeatherford International Plc (WFT) Downgraded to "Neutral" at Goldman Sachs Group Inc - April 18 at 11:14 PM logoFinal Trade: WFT, ARNC & more - April 18 at 7:45 PM logo Brokerages Expect Weatherford International Plc (WFT) to Announce -$0.30 EPS - April 18 at 6:25 PM logoWeatherford International Plc (WFT) Getting Somewhat Positive News Coverage, Analysis Shows - April 18 at 1:14 PM logoWall Street’s Forecast for Weatherford International on April 13 - April 18 at 8:17 AM logoWeatherford International Plc (WFT) Downgraded by Goldman Sachs Group Inc - April 18 at 7:32 AM logoThe Forecast for Weatherford’s 7-Day Price on April 13 - April 17 at 7:25 PM logoWeatherford International Plc breached its 50 day moving average in a Bearish Manner : WFT-US : April 14, 2017 - April 14 at 3:24 PM logoSomewhat Positive News Coverage Somewhat Likely to Effect Weatherford International Plc (WFT) Share Price - April 14 at 12:30 PM logoWeatherford International Plc (WFT) Given Consensus Rating of "Buy" by Brokerages - April 13 at 3:12 PM logoGoldman Sachs Sees Limited Upside For Weatherford After Rally - April 13 at 11:22 AM logoWeatherford Stock Falls on Downgrade at Goldman - April 13 at 11:22 AM logoQ1 2017 EPS Estimates for Weatherford International Plc Cut by Analyst (WFT) - April 13 at 7:32 AM logoWeatherford International Plc (WFT) Stock Rating Lowered by Goldman Sachs Group Inc - April 12 at 10:15 PM logoWe're Bullish on a Housing Recovery - April 12 at 9:24 AM logoCould the US Rig Count Affect Baker Hughes in 1Q17? - April 12 at 9:24 AM logoWhat We Can Forecast for Weatherford’s 7-Day Price on April 7 - April 10 at 8:09 PM logoShort Interest in Weatherford International as of April 7 - April 10 at 8:09 PM logoInvestors Purchase Large Volume of Call Options on Weatherford International Plc (WFT) - April 9 at 7:02 AM logoAre Options Traders Betting on a Big Move in Weatherford (WFT) Stock? - April 7 at 1:27 PM logoWeatherford’s Volatility Rose the Most among OFS Stocks - April 7 at 1:27 PM logoIs it Worth Holding Weatherford (WFT) in Your Portfolio? - April 7 at 1:27 PM logoWeatherford International Plc (WFT) Rating Increased to Hold at Zacks Investment Research - April 6 at 1:43 PM logoGriffin Securities Weighs in on Weatherford International Plc's Q1 2017 Earnings (WFT) - April 6 at 1:22 PM logoWeatherford International Plc's (WFT) Buy Rating Reaffirmed at Royal Bank of Canada - April 3 at 9:27 PM logoWeatherford Announces Conference Call - April 3 at 8:50 PM logoWeatherford’s Stock Price Fell in the Past Year - April 3 at 8:50 PM logoJefferies Group LLC Analysts Give Weatherford International Plc (WFT) a $6.00 Price Target - April 3 at 1:55 PM logoWeatherford International Plc (WFT) Stock Rating Reaffirmed by Stephens - March 31 at 8:33 AM logoWeatherford International Plc (WFT) Given a $8.00 Price Target by Deutsche Bank AG Analysts - March 31 at 8:33 AM logoQ1 2017 EPS Estimates for Weatherford International Plc (WFT) Decreased by Capital One Financial Corp. - March 29 at 10:01 AM logoWeatherford International Plc (WFT) Short Interest Up 16.7% in March - March 29 at 8:17 AM logoWeatherford This Week: A Forecast Using Implied Volatility - March 28 at 11:14 PM logoWeatherford International Plc (WFT) PT Set at $7.00 by BMO Capital Markets - March 28 at 9:54 PM logoWeatherford International Plc (WFT) Given a $6.00 Price Target at Scotiabank - March 28 at 7:13 AM logoWeatherford International Plc (WFT) Lifted to "Outperform" at Wells Fargo & Co - March 28 at 12:01 AM logoWeatherford International Plc (WFT) Given Underweight Rating at Stephens - March 27 at 10:52 PM logoWEATHERFORD INTERNATIONAL PLC Files SEC form 8-K, Regulation FD Disclosure - March 27 at 7:56 PM


Frequently Asked Questions for Weatherford International Plc (NYSE:WFT)

What is Weatherford International Plc's stock symbol?

Weatherford International Plc trades on the New York Stock Exchange (NYSE) under the ticker symbol "WFT."

How were Weatherford International Plc's earnings last quarter?

Weatherford International Plc (NYSE:WFT) released its earnings results on Tuesday, October, 25th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.25) by $0.14. The business earned $1.36 billion during the quarter, compared to the consensus estimate of $1.44 billion. Weatherford International Plc had a negative net margin of 59.00% and a negative return on equity of 30.56%. The business's revenue was down 39.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.05) EPS.

When will Weatherford International Plc make its next earnings announcement?

Weatherford International Plc is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Where is Weatherford International Plc's stock going? Where will Weatherford International Plc's stock price be in 2017?

33 equities research analysts have issued 1 year price objectives for Weatherford International Plc's shares. Their predictions range from $3.75 to $12.00. On average, they anticipate Weatherford International Plc's stock price to reach $7.34 in the next year.

What are analysts saying about Weatherford International Plc stock?

Here are some recent quotes from research analysts about Weatherford International Plc stock:

  • 1. According to Zacks Investment Research, "Weatherford enjoys a leading position in the global oilfield services market. Its broad and technologically complex product/service offerings and growing presence in the Eastern Hemisphere are also encouraging. We appreciate the company’s cost-cutting initiatives, such as reduced headcount, consolidating facilities, to counter the prolonged oil price weakness. In fact, the company achieved cost savings of $601 million during 2016. All these positives are reflected in the company’s share price chart. In the last six months, Weatherford’s stock gained 11.2% compared with only 0.9% increase for the Zacks categorized Oil Field Machinery & Equipment industry. However, Weatherford’s heavy debt burden raises concerns. Also, free cash flow during the 2016 was ($430 million) compared with $61 million a year earlier." (4/6/2017)
  • 2. Jefferies Group LLC analysts commented, "As we now expect a softer non-NAM in 2017 (see below), and we true-up for share dilution in 4Q16, we lower estimates and tweak lower our PT to $6. After we jumped the gun to upgrade (in 2015) on a management change thesis, we believe we still are giving credit for a much better-run company. However, at the very least, the macro constrains the pace of progress and we submit there is relatively greater risk than for peers in how the new WFT climbs out of the downturn (and we see some risk to 4Q16 as well). That said, risks to our more negative view include 1) potential strong recovery in production-oriented (opex) spending (albeit presumably with more competition in the U.S. than during the last downturn), 2) even greater savings from shutting in pumping (although we already estimate $180MM in savings yr./yr. in '17 related to this) and 3) generally low expectations." (1/27/2017)
  • 3. Barclays PLC analysts commented, "With near-term liquidity issues resolved, shares of WFT should start to recapture substantial YTD underperformance as focus starts so shift towards potential recovery amid low expectations," said the analyst.Related Link: Weatherford Upgraded To Overweight By Simmons, Sees 35% UpsideAdditionally, Anderson noted Weatherford stock has been "heavily" underperforming oil prices since February, as the stock price remained "flat," while West Texas Intermediate crude oil jumped 65 percent. Due the underperformance, the analyst believes the company to be undervalued.The analyst re-emphasized Weatherford's limited potential, however. "We emphasize the WFT story remains challenged with a highly levered balance sheet and a weaker operational position versus the Big 3 as the company doesn't possess the scale in either North America or internationally to compete in markets becoming increasingly integrated," (6/6/2016)

Are investors shorting Weatherford International Plc?

Weatherford International Plc saw a increase in short interest in March. As of March 31st, there was short interest totalling 136,253,866 shares, an increase of 1.2% from the March 15th total of 137,868,925 shares. Based on an average daily volume of 17,819,827 shares, the short-interest ratio is currently 7.6 days. Approximately 14.1% of the company's stock are sold short.

Who owns Weatherford International Plc stock?

Weatherford International Plc's stock is owned by many different of institutional and retail investors. Top institutional investors include Factory Mutual Insurance Co. (0.20%), Nationwide Fund Advisors (0.14%), Doyle Wealth Management (0.10%), Roanoke Asset Management Corp NY (0.03%), Sippican Capital Advisors (0.03%) and Viking Fund Management LLC (0.02%). Company insiders that own Weatherford International Plc stock include Bernard J Duroc-Danner, David J Butters, Douglas M Mills, Francis S Kalman and Krishna Shivram.

Who sold Weatherford International Plc stock? Who is selling Weatherford International Plc stock?

Weatherford International Plc's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Viking Fund Management LLC, Creative Planning and Benin Management CORP.

Who bought Weatherford International Plc stock? Who is buying Weatherford International Plc stock?

Weatherford International Plc's stock was purchased by a variety of institutional investors in the last quarter, including Doyle Wealth Management, Factory Mutual Insurance Co., First Manhattan Co., Roanoke Asset Management Corp NY, Nisa Investment Advisors LLC, Sippican Capital Advisors, Baldwin Brothers Inc. MA and BKD Wealth Advisors LLC. Company insiders that have bought Weatherford International Plc stock in the last two years include Francis S Kalman and Krishna Shivram.

How do I buy Weatherford International Plc stock?

Shares of Weatherford International Plc can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Weatherford International Plc stock cost?

One share of Weatherford International Plc stock can currently be purchased for approximately $5.48.

Weatherford International Plc (WFT) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by Staff