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: $6.11
  • 50 Day Moving Average: $5.99
  • 200 Day Moving Average: $5.53
  • 52-Week Range: $3.73 - $8.49
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -67.00
  • P/E Growth: 0.32
  • Market Cap: $5.93B
  • 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: $7.61 (26.14% upside)

Analysts' Ratings History for Weatherford International Plc (NYSE:WFT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/23/2017Tudor PickeringInitiated CoverageBuyHighView Rating Details
3/22/2017ScotiabankSet Price TargetHold$6.00LowView Rating Details
3/8/2017Deutsche Bank AGReiterated RatingBuy$8.00HighView Rating Details
3/8/2017Wells Fargo & CoReiterated RatingMarket Perform$7.00MediumView 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
1/27/2017Jefferies Group LLCDowngradeBuy -> Hold$6.00N/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
1/6/2017Royal Bank of CanadaReiterated RatingBuy$8.00N/AView Rating Details
12/7/2016GuggenheimReiterated RatingBuyN/AView Rating Details
12/1/2016Sanford C. BernsteinInitiated CoverageIn-Line -> Outperform$7.00N/AView Rating Details
12/1/2016StephensReiterated RatingUnderweightN/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
4/27/2016BMO Capital MarketsReiterated RatingBuyN/AView Rating Details
4/7/2016Iberia CapitalReiterated RatingOutperform$9.00N/AView Rating Details
3/11/2016Goldman Sachs Group IncUpgradeNeutral -> Buy$8.00 -> $9.75N/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 3/23/2015 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$4.01 billionViewN/AView Earnings Details
10/22/2014Q3$0.33$0.32ViewListenView Earnings Details
7/24/2014Q214$0.21$0.24$3.77 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)
Current Year EPS Consensus Estimate: $-0.82 EPS
Next Year EPS Consensus Estimate: $-0.09 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201611($0.32)($0.11)($0.19)
Q2 20168($0.34)($0.10)($0.22)
Q3 20168($0.28)($0.06)($0.20)
Q4 20169($0.36)$0.04($0.27)
Q1 20176($0.31)($0.19)($0.26)
Q2 20176($0.27)($0.16)($0.21)
Q3 20176($0.20)($0.10)($0.14)
Q4 20176($0.12)($0.05)($0.09)
Q1 20182($0.05)($0.02)($0.04)
Q2 20181$0.00$0.00$0.00
Q3 20183$0.01$0.04$0.03
Q4 20182$0.05$0.08$0.07
(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 logo5 Reasons to Buy Core Laboratories N.V. Now (NYSE:WFT) - March 21 at 3:23 PM logoBuying Weatherford Isn't Halliburton's Best Move (NYSE:WFT) - March 21 at 3:23 PM logoHow Much Did Weatherford Fall in the Past Year? (NYSE:WFT) - March 20 at 6:44 PM logoAnalyzing Weatherford’s Short Interest since 4Q16 (NYSE:WFT) - March 20 at 6:44 PM
News IconWeatherford International Plc (WFT) Stock Rating Lowered by Vetr Inc. (NYSE:WFT) - March 17 at 4:17 PM logoThe Zacks Analyst Blog Highlights: Schlumberger, Baker Hughes, Weatherford International, Precision Drilling and Patterson-UTI Energy (NYSE:WFT) - March 17 at 3:17 PM logoVetr Downgrades Weatherford Following CEO Announcement (NYSE:WFT) - March 16 at 8:52 PM logoNajarian Brothers See Unusual Options Activity In Weatherford And Delta Air Lines - Benzinga (NYSE:WFT) - March 16 at 3:51 PM logoDeutsche Bank Says Top Oilfield Services Stocks Set to Outperform (NYSE:WFT) - March 16 at 3:51 PM
News IconWeekly Analysts’ Ratings Updates for Weatherford International Plc (WFT) (NYSE:WFT) - March 16 at 2:06 PM
News IconWeatherford International Plc (WFT) Stock Rating Upgraded by Vetr Inc. (NYSE:WFT) - March 15 at 12:24 AM logoWFT Broke Upward While Many Energy Stocks Fell (NYSE:WFT) - March 13 at 8:12 PM logoWEATHERFORD INTERNATIONAL PLC Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure (NYSE:WFT) - March 11 at 11:16 AM logoDowntrend Is Over for Weatherford International (NYSE:WFT) - March 9 at 4:43 AM
News IconWeatherford International Plc (WFT) Receives Market Perform Rating from Wells Fargo & Co (NYSE:WFT) - March 8 at 5:21 PM logoTop Analyst Upgrades and Downgrades: AbbVie, Frontier Communications, Hyatt Hotels, Weatherford International ... - 24/7 Wall St. (NYSE:WFT) - March 8 at 8:21 AM logo[$$] Weatherford: Halliburton More Likely to Buy (NYSE:WFT) - March 8 at 8:21 AM logoWeatherford upgraded by CapitalOne (NYSE:WFT) - March 8 at 12:42 AM logoWeatherford Taps New CEO and Market Applauds (NYSE:WFT) - March 8 at 12:42 AM logoWall Street Set To Open On Nervous Note - Nasdaq (NYSE:WFT) - March 7 at 8:17 AM logoWeatherford International names Halliburton's McCollum as CEO - Nasdaq (NYSE:WFT) - March 7 at 8:17 AM logoEarly movers: DKS, MIK, NAV, PFE, AET, CSX, & more (NYSE:WFT) - March 7 at 8:17 AM logoWeatherford Appoints Mark A. McCollum as President, CEO and Director (NYSE:WFT) - March 6 at 7:56 PM logoWeatherford International names Halliburton's McCollum as CEO (NYSE:WFT) - March 6 at 7:56 PM logoWeatherford shares jump as Halliburton financial chief hired as CEO (NYSE:WFT) - March 6 at 7:56 PM logo[$$] Weatherford Names Mark McCollum as New CEO (NYSE:WFT) - March 6 at 7:56 PM logoWeatherford hires Halliburton exec as new CEO (NYSE:WFT) - March 6 at 7:56 PM logoWeatherford International: Will It Underperform Industry ETFs? (NYSE:WFT) - March 6 at 11:36 AM logoWhat Are Weatherford’s Long-Term Capital Expenditure Estimates? (NYSE:WFT) - March 6 at 11:36 AM logoWeatherford International May Drop Despite Uptrend (NYSE:WFT) - March 5 at 8:12 PM logoUpstream Operators’ Capexes Could Affect WFT’s Margins in 2017 (NYSE:WFT) - March 4 at 4:22 AM logoWeatherford International Breaks Below 200-Day Moving Average - Notable for WFT (NYSE:WFT) - February 25 at 8:10 PM logoCommit To Buy Weatherford International At $3, Earn 13.7% Using Options (NYSE:WFT) - February 24 at 12:00 AM logoWEATHERFORD INTERNATIONAL PLC Financials (NYSE:WFT) - February 18 at 7:35 PM logoWEATHERFORD INTERNATIONAL PLC Files SEC form 10-K, Annual Report (NYSE:WFT) - February 17 at 5:11 PM logoWeatherford International Most Shorted NYSE Stock in January ... - 24/7 Wall St. (NYSE:WFT) - February 11 at 6:20 AM logoThe 6 Most Shorted NYSE Stocks (NYSE:WFT) - February 10 at 6:35 AM logoWeatherford International Plc :WFT-US: Earnings Analysis: 2016 By the Numbers : February 8, 2017 (NYSE:WFT) - February 9 at 6:40 AM logoWeatherford International Shares Are Bargain-Priced -- Here's Why (NYSE:WFT) - February 7 at 4:03 PM logoWeatherford International Plc :WFT-US: Earnings Analysis: Q4, 2016 By the Numbers : February 6, 2017 (NYSE:WFT) - February 7 at 3:31 AM logoShort Interest in Weatherford Increased: What Does It Mean? (NYSE:WFT) - February 7 at 3:31 AM logoHas Weatherford’s Implied Volatility Fallen? (NYSE:WFT) - February 7 at 3:31 AM logoWeatherford International Hopes to Turn Over a New Leaf in 2017 (NYSE:WFT) - February 6 at 9:38 AM logoEdited Transcript of WFT earnings conference call or presentation 2-Feb-17 1:30pm GMT (NYSE:WFT) - February 4 at 6:16 AM


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) posted its quarterly earnings data on Tuesday, October, 25th. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.25) by $0.14. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.44 billion. Weatherford International Plc had a negative return on equity of 30.56% and a negative net margin of 59.00%. The firm's quarterly revenue was down 39.4% on a year-over-year basis. During the same quarter in the previous year, the business 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 forecasts range from $6.00 to $12.00. On average, they expect Weatherford International Plc's share price to reach $7.61 in the next twelve months.

What are analysts saying about Weatherford International Plc stock?

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

  • 1. 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)
  • 2. 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 its growing presence in the Eastern Hemisphere are other positives. The company is also well positioned to take advantage of multi-year expansion in the international upstream segment. Moreover, OPEC’s deal to curb oil production amid oversupplied commodity market is a boon for major oilfield services players like Weatherford. Following this Weatherford is likely to get more contracts from exploration and production companies for efficiently setting up oil and gas wells. In fact, Weatherford won as high as $1 billion contracts this year till now." (10/6/2016)
  • 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 February. As of February 28th, there was short interest totalling 118,182,573 shares, an increase of 0.1% from the February 15th total of 118,102,870 shares. Based on an average daily trading volume, of 15,172,280 shares, the days-to-cover ratio is presently 7.8 days.

Who owns Weatherford International Plc stock?

Weatherford International Plc's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dodge & Cox (8.48%), State Street Corp (4.94%), Van ECK Associates Corp (2.77%), Thrivent Financial for Lutherans (1.19%), Gamco Investors INC. ET AL (1.02%) and Dimensional Fund Advisors LP (0.75%). 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 Thrivent Financial for Lutherans, Allianz Asset Management AG, Gamco Investors INC. ET AL, Dimensional Fund Advisors LP, Raymond James Financial Services Advisors Inc., Janus Capital Management LLC, GSA Capital Partners LLP and Bluestein R H & Co..

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

Weatherford International Plc's stock was bought by a variety of institutional investors in the last quarter, including Dodge & Cox, Van ECK Associates Corp, State Street Corp, Norges Bank, Tide Point Capital Management LP, Marshall Wace LLP, Precocity Capital LP and Russell Investments Group Ltd.. 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 $6.03.

Weatherford International Plc (WFT) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by Staff