Weatherford International PLC Company Profile (NYSE:WFT)

About Weatherford International PLC (NYSE: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
  • Symbol: NYSE:WFT
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.72 billion
  • Outstanding Shares: 985,750,000
Average Prices:
  • 50 Day Moving Avg: $4.82
  • 200 Day Moving Avg: $5.53
  • 52 Week Range: $3.69 - $7.09
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -16.39
  • P/E Growth: 0.17
Sales & Book Value:
  • Annual Revenue: $5.55 billion
  • Price / Sales: 0.67
  • Book Value: $1.66 per share
  • Price / Book: 2.27
  • EBIDTA: ($272,000,000.00)
  • Net Margins: -60.22%
  • Return on Equity: -47.36%
  • Return on Assets: -9.49%
  • Debt-to-Equity Ratio: 4.32%
  • Current Ratio: 2.09%
  • Quick Ratio: 1.39%
  • Average Volume: 23.29 million shs.
  • Beta: 2.34
  • Short Ratio: 6.9

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) issued its quarterly earnings data on Friday, April, 28th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.31) by $0.01. The company had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.36 billion. Weatherford International PLC had a negative net margin of 60.22% and a negative return on equity of 47.36%. The company's revenue for the quarter was down 12.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.29) earnings per share. View Weatherford International PLC's Earnings History.

When will Weatherford International PLC make its next earnings announcement?

Weatherford International PLC is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Weatherford International PLC.

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

26 analysts have issued 1-year price targets for Weatherford International PLC's shares. Their forecasts range from $3.75 to $10.00. On average, they expect Weatherford International PLC's share price to reach $6.87 in the next year. View Analyst Ratings for Weatherford International PLC.

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)

Are investors shorting Weatherford International PLC?

Weatherford International PLC saw a increase in short interest in June. As of June 15th, there was short interest totalling 148,333,004 shares, an increase of 5.9% from the May 31st total of 157,609,893 shares. Based on an average daily trading volume, of 29,001,875 shares, the days-to-cover ratio is currently 5.1 days. Currently, 15.2% of the shares of the stock are short sold.

Who are some of Weatherford International PLC's key competitors?

Who owns Weatherford International PLC stock?

Weatherford International PLC's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.35%), State Street Corp (4.97%), Van ECK Associates Corp (2.50%), Wedge Capital Management L L P NC (1.72%), ARGA Investment Management LP (1.39%) and Thrivent Financial For Lutherans (1.04%). 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. View Institutional Ownership Trends for Weatherford International PLC.

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 Point72 Asset Management L.P., Wedge Capital Management L L P NC, Schneider Capital Management Corp, Teacher Retirement System of Texas, Marshall Wace LLP, Schroder Investment Management Group, Nationwide Fund Advisors and Dynamic Capital Management Ltd. View Insider Buying and Selling for Weatherford International PLC.

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 OppenheimerFunds Inc., Hotchkis & Wiley Capital Management LLC, Renaissance Technologies LLC, State Street Corp, Vanguard Group Inc., Harris Associates L P, Jennison Associates LLC and KBC Group NV. Company insiders that have bought Weatherford International PLC stock in the last two years include Francis S Kalman and Krishna Shivram. View Insider Buying and Selling for Weatherford International PLC.

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.

What is Weatherford International PLC's stock price today?

One share of Weatherford International PLC stock can currently be purchased for approximately $3.77.

MarketBeat Community Rating for Weatherford International PLC (NYSE WFT)
Community Ranking:  2.8 out of 5 ( )
Outperform Votes:  578 (Vote Outperform)
Underperform Votes:  451 (Vote Underperform)
Total Votes:  1,029
MarketBeat's community ratings are surveys of what our community members think about Weatherford International PLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Weatherford International PLC (NYSE:WFT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 19 Buy Ratings
Consensus Rating:Buy (Score: 2.69)
Consensus Price Target: $6.87 (82.14% upside)

Analysts' Ratings History for Weatherford International PLC (NYSE:WFT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/24/2017Royal Bank Of CanadaSet Price TargetBuy$8.00HighView Rating Details
6/21/2017Morgan StanleyReiterated RatingOverweight$12.00 -> $6.00MediumView Rating Details
6/21/2017Seaport Global SecuritiesDowngradeBuy -> Neutral$7.00 -> $4.00HighView Rating Details
6/21/2017Barclays PLCUpgradeEqual Weight -> Overweight$7.00 -> $6.00HighView Rating Details
6/6/2017Jefferies Group LLCSet Price TargetHold$6.00MediumView Rating Details
5/30/2017Deutsche Bank AGReiterated RatingBuy$8.00 -> $7.00LowView Rating Details
5/2/2017BMO Capital MarketsReiterated RatingBuy$7.00HighView Rating Details
5/1/2017ScotiabankSet Price TargetHold$6.00LowView Rating Details
4/18/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$7.25MediumView Rating Details
3/27/2017StephensReiterated RatingUnderweight$3.75MediumView Rating Details
3/27/2017Wells Fargo & CompanyUpgradeMarket Perform -> Outperform$6.36 -> $5.89HighView Rating Details
3/23/2017Tudor PickeringInitiated CoverageBuyHighView Rating Details
3/8/2017Clarkson CapitalUpgradeSell -> Neutral$4.50 -> $6.50LowView Rating Details
3/7/2017Cowen and CompanyReiterated RatingOutperform$7.00N/AView Rating Details
3/7/2017Credit Suisse GroupReiterated RatingOutperform$6.91N/AView Rating Details
3/7/2017Capital One Financial CorporationUpgradeEqual 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
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 Inc.Boost Price TargetBuy$7.00 -> $8.00N/AView Rating Details
8/16/2016NomuraSet Price TargetBuy$10.00N/AView Rating Details
7/29/2016J P Morgan Chase & CoReiterated RatingBuy$9.00N/AView Rating Details
6/24/2016Imperial CapitalInitiated CoverageIn-Line -> In-Line$7.00N/AView Rating Details
6/13/2016Bank of America CorporationInitiated 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 6/28/2015 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
4/28/2017Q1 17($0.31)($0.32)$1.36 billion$1.39 billionViewN/AView Earnings Details
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: ($0.80)
2018 EPS Consensus Estimate: ($0.14)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176($0.32)($0.24)($0.30)
Q2 20176($0.28)($0.16)($0.24)
Q3 20176($0.22)($0.10)($0.17)
Q4 20176($0.17)($0.05)($0.10)
Q1 20182($0.16)($0.02)($0.09)
Q2 20182($0.12)$0.00($0.06)
Q3 20183($0.07)$0.02($0.01)
Q4 20183($0.02)$0.05$0.03
Q1 20191($0.02)($0.02)($0.02)
(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%
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
5/10/2017Douglas M MillsVPSell17,500$5.19$90,825.00View SEC Filing  
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 logoWeatherford International PLC (WFT) Receives Consensus Recommendation of "Buy" from Analysts - June 27 at 7:49 AM logoWeatherford International PLC (WFT) Given a $8.00 Price Target at Royal Bank Of Canada - June 27 at 12:34 AM logoWeatherford International Ltd. (Bermuda) -- Moody's says Weatherford's tack-on debt offering does not affect ratings - June 26 at 8:17 PM logoCorrelation between Weatherford and Crude Oil on June 23 - June 26 at 8:17 PM logoWeatherford Prices Private Offering of $250 Million of Senior Notes - June 26 at 8:17 PM logoWeatherford Announces Private Offering of $250 Million of Senior Notes - PR Newswire (press release) - June 26 at 3:16 PM logoWeatherford’s 7-Day Stock Price Forecast on June 23 - June 26 at 3:16 PM logoHow Schlumberger Stock Has Performed in the Past Year - June 26 at 3:16 PM logoShort Interest in Weatherford International on June 23 - June 26 at 3:16 PM logoWeatherford International PLC (WFT) Given "Overweight" Rating at Morgan Stanley - June 25 at 1:52 PM logoFY2017 EPS Estimates for Weatherford International PLC (WFT) Cut by Analyst - June 23 at 9:14 AM logoAugust 4th Options Now Available For Weatherford International (WFT) - June 22 at 2:42 PM logoWeatherford International PLC (WFT) Downgraded by Seaport Global Securities to Neutral - June 21 at 8:54 AM logoBarclays PLC Upgrades Weatherford International PLC (WFT) to Overweight - June 21 at 7:44 AM logoHere's What Weatherford International's New CEO Thinks About the Future of the Company - June 20 at 3:30 PM logoWeatherford’s 7-Day Stock Price Forecast on June 16 - June 20 at 9:14 AM logoShort Interest in Weatherford International on June 16 - June 20 at 9:14 AM logoCorrelation between Weatherford and Crude Oil on June 16 - June 20 at 9:14 AM logoInside Schlumberger’s 1-Year Returns as of June 16 - June 20 at 9:14 AM logoShort Interest in Weatherford International PLC (WFT) Declines By 3.0% - June 15 at 7:16 AM logoInvestors Purchase High Volume of Weatherford International PLC Call Options (WFT) - June 14 at 7:04 AM logoEnergy Stocks: Analyst Recommendations Last Week - June 13 at 8:57 AM logoWeatherford International’s Capex Plan: Why It’s Higher in 2017 - June 12 at 8:08 PM logoIs the Options Market Predicting a Spike in Weatherford International (WFT) Stock? - June 10 at 2:41 AM logoThe Effect of Rig Count on Weatherford International - June 10 at 2:41 AM logoWill Upstream Operators’ Capex Affect Weatherford’s 2017 Margins? - June 10 at 2:41 AM logoIs Weatherford International’s Net Debt a Concern after 1Q17? - June 10 at 2:41 AM logoWhat Will Drive Weatherford International in 2017? - June 10 at 2:41 AM logoWeatherford International Plc (WFT) Given a $6.00 Price Target at Jefferies Group LLC - June 7 at 4:14 PM logoZacks: Analysts Anticipate Weatherford International Plc (WFT) Will Post Quarterly Sales of $1.44 Billion - June 7 at 1:08 PM logoWhat’s Weatherford’s 7-Day Stock Price Forecast on June 2? - June 6 at 1:56 AM logoWhat Was the Short Interest in Weatherford on June 2? - June 6 at 1:56 AM logoHow Has Weatherford Stock Performed in the Past Year? - June 5 at 10:00 AM logo-$0.28 EPS Expected for Weatherford International Plc (WFT) This Quarter - June 5 at 9:38 AM logoOversold Conditions For Weatherford International (WFT) - June 3 at 2:18 AM logoWeatherford International Plc (WFT) Given Consensus Recommendation of "Buy" by Brokerages - May 31 at 8:52 AM logoHow Weatherford Has Performed in the Last Year - May 30 at 8:11 PM logoWhat’s Weatherford’s 7-Day Stock Price Forecast? - May 30 at 8:11 PM logoWhat’s the Short Interest in Weatherford International? - May 30 at 8:11 PM logoInvestors Purchase Large Volume of Put Options on Weatherford International Plc (WFT) - May 30 at 6:28 PM logoWeatherford International Plc (WFT) Stock Rating Reaffirmed by Deutsche Bank AG - May 30 at 1:51 PM logoWhy Is Weatherford (WFT) Down 9.4% Since the Last Earnings Report? - May 30 at 8:14 AM logoWeatherford International Plc (WFT) Short Interest Update - May 29 at 7:24 AM logoCommit To Purchase Weatherford International At $3, Earn 10% Using Options - May 27 at 6:42 AM logoSLB, HAL, NOV, and WFT: Comparing Returns since 1Q17 - May 26 at 8:37 AM logoWeatherford International Plc (WFT) Expected to Earn Q2 2017 Earnings of ($0.28) Per Share - May 25 at 7:20 AM logoAnalysts Set Expectations for Weatherford International Plc's Q4 2018 Earnings (WFT) - May 24 at 2:16 PM logoWhat Short Interest in Weatherford Indicates - May 24 at 8:14 AM logoWhat’s the 7-Day Price Forecast for Weatherford? - May 23 at 8:03 PM logoWeatherford International Plc Target of Unusually High Options Trading (WFT) - May 23 at 1:52 PM



Weatherford International PLC (WFT) Chart for Wednesday, June, 28, 2017

This page was last updated on 6/28/2017 by Staff