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: $4.21 billion
  • Outstanding Shares: 989,035,000
Average Prices:
  • 50 Day Moving Avg: $4.09
  • 200 Day Moving Avg: $4.87
  • 52 Week Range: $3.39 - $7.09
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -9.47
  • P/E Growth: 0.170
Sales & Book Value:
  • Annual Revenue: $5.51 billion
  • Price / Sales: 0.76
  • Book Value: $1.49 per share
  • Price / Book: 2.86
  • EBIDTA: ($256,000,000.00)
  • Net Margins: -53.49%
  • Return on Equity: -65.33%
  • Return on Assets: -10.11%
  • Debt-to-Equity Ratio: 4.95%
  • Current Ratio: 2.12%
  • Quick Ratio: 1.39%
  • Average Volume: 17.82 million shs.
  • Beta: 2.43
  • Short Ratio: 6.24

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) announced its quarterly earnings data on Friday, July, 28th. The company reported ($0.28) earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.28). The company earned $1.36 billion during the quarter, compared to analysts' expectations of $1.46 billion. Weatherford International PLC had a negative net margin of 53.49% and a negative return on equity of 65.33%. The business's quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.28) EPS. 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 Tuesday, October, 31st 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?

25 brokerages have issued 1 year price objectives for Weatherford International PLC's shares. Their predictions range from $3.75 to $8.00. On average, they expect Weatherford International PLC's share price to reach $6.39 in the next twelve months. 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. Despite these efforts, the company’s second quarter revenue missed the Zacks Consensus Estimate. The company’s price chart also underperformed the broader market indices over the last three months. Volatile gas prices also remain a drag. Given these headwinds, we expect shares of Weatherford to be under pressure in the near future. Moreover, Weatherford’s debt-heavy balance sheet and weakness in generating free cash are other concerns." (8/2/2017)
  • 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 August. As of August 31st, there was short interest totalling 137,260,955 shares, an increase of 1.5% from the August 15th total of 135,274,997 shares. Based on an average trading volume of 10,984,379 shares, the days-to-cover ratio is presently 12.5 days. Approximately 14.1% of the shares of the company 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.44%), Dodge & Cox (8.43%), Harris Associates L P (6.18%), State Street Corp (5.11%), Wedge Capital Management L L P NC (2.96%) and Van ECK Associates Corp (2.41%). Company insiders that own Weatherford International PLC stock include 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 Scepter Holdings Inc., ARGA Investment Management LP, Pine River Capital Management L.P., KBC Group NV, Sei Investments Co., Precocity Capital LP, Van ECK Associates Corp and New York State Common Retirement Fund. 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 Harris Associates L P, Wedge Capital Management L L P NC, Hotchkis & Wiley Capital Management LLC, Thrivent Financial For Lutherans, Poplar Forest Capital LLC, GMT Capital Corp, Marshall Wace LLP and Teachers Advisors LLC. 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 $4.26.

MarketBeat Community Rating for Weatherford International PLC (NYSE WFT)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  624 (Vote Outperform)
Underperform Votes:  492 (Vote Underperform)
Total Votes:  1,116
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, 18 Buy Ratings
Consensus Rating:Buy (Score: 2.68)
Consensus Price Target: $6.39 (49.92% upside)

Analysts' Ratings History for Weatherford International PLC (NYSE:WFT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/29/2017ScotiabankReiterated RatingBuyMediumView Rating Details
8/7/2017Morgan StanleyLower Price TargetOverweight$6.00 -> $5.50LowView Rating Details
8/3/2017BMO Capital MarketsBoost Price TargetOutperform$4.75 -> $5.50MediumView Rating Details
8/1/2017Credit Suisse GroupReiterated RatingBuy$6.00MediumView Rating Details
7/28/2017Seaport Global SecuritiesReiterated RatingNeutralMediumView Rating Details
7/29/2017Piper Jaffray CompaniesSet Price TargetBuy$6.00HighView Rating Details
7/6/2017Sanford C. BernsteinDowngradeOutperform -> Market Perform$7.00 -> $5.00HighView Rating Details
6/24/2017Royal Bank Of CanadaSet Price TargetBuy$8.00HighView 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
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
3/7/2017Capital 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
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
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
(Data available from 9/23/2015 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
10/31/2017($0.23)N/AView Earnings Details
7/28/20176/30/2017($0.28)($0.28)$1.46 billion$1.36 billionViewN/AView Earnings Details
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: ($0.90)
2018 EPS Consensus Estimate: ($0.42)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176($0.32)($0.24)($0.30)
Q2 20176($0.28)($0.16)($0.24)
Q3 20176($0.24)($0.10)($0.21)
Q4 20176($0.23)($0.06)($0.16)
Q1 20184($0.23)($0.02)($0.14)
Q2 20184($0.22)$0.00($0.12)
Q3 20184($0.20)$0.01($0.10)
Q4 20184($0.17)$0.05($0.07)
Q1 20191($0.09)($0.09)($0.09)
Q2 20191($0.07)($0.07)($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%
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
9/15/2017Douglas M MillsVPSell17,500$4.43$77,525.00View SEC Filing  
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 logo Analysts Expect Weatherford International PLC (WFT) Will Post Quarterly Sales of $1.49 Billion - September 20 at 11:06 AM logoWall Street’s Call on Weatherford International - September 19 at 9:35 AM logoWeatherford International PLC (WFT) VP Douglas M. Mills Sells 17,500 Shares - September 18 at 8:08 PM logoCrude Oil’s Correlation with Weatherford International - September 18 at 7:59 AM logoWhy Weatherford’s Capex Plan Is Higher in the 2nd Half of 2017 - September 16 at 10:27 AM logoWill Technology Innovations Drive Weatherford in 2017? - September 16 at 10:27 AM logoWeatherford International’s Historical Valuation: Analysis - September 16 at 10:27 AM logoThe Latest Short Interest in Weatherford International - September 15 at 11:25 AM logoWeatherford’s 7-Day Stock Price Forecast - September 15 at 11:25 AM logoETFs with exposure to Weatherford International Plc : September 14, 2017 - September 14 at 2:15 AM logoCan Weatherford International Stock Break Out? - September 13 at 4:10 PM logoWeatherford Management: Its Views for 3Q17 - September 13 at 4:10 PM logoEnergy: Finally Bottoming (For Now)? - September 13 at 11:20 AM logoWeatherford International Plc breached its 50 day moving average in a Bearish Manner : WFT-US : September 11, 2017 - September 12 at 12:11 PM logoWeatherford International Plc :WFT-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017 - September 12 at 12:11 PM logoUnderstanding Weatherford’s 7-Day Stock Price Forecast as of September 8 - September 12 at 12:11 PM logoTracking Weatherford’s Correlation with Crude Oil as of September 8 - September 12 at 12:11 PM logoWeatherford International PLC (WFT) Receives Consensus Rating of "Buy" from Brokerages - September 12 at 9:08 AM logoAnalyzing Weatherford Stock in the Past Year - September 7 at 11:15 AM logoWeatherford’s 7-Day Stock Price Forecast on September 1 - September 7 at 11:15 AM logoHead to Head Comparison: Weatherford International PLC (WFT) versus Basic Energy Services (BAS) - September 4 at 10:18 AM logoWeatherford International PLC Sees Unusually Large Options Volume (WFT) - September 2 at 2:22 AM logoWeatherford International PLC (WFT) Stock Rating Lowered by ValuEngine - September 1 at 10:50 PM logoWeatherford (WFT) Down 9.1% Since Earnings Report: Can It Rebound? - Nasdaq - September 1 at 11:07 AM logoWeatherford (WFT) Down 9.1% Since Earnings Report: Can It Rebound? - September 1 at 11:07 AM logoWeatherford Donates to Hurricane Harvey Relief Efforts - September 1 at 11:07 AM logo Analysts Anticipate Weatherford International PLC (WFT) Will Post Quarterly Sales of $1.49 Billion - September 1 at 3:26 AM logoScotiabank Reiterates Buy Rating for Weatherford International PLC (WFT) - August 30 at 2:28 PM logoWhat Made Weatherford Stock Fall in the Past Year? - August 30 at 11:06 AM logoCorrelation between Weatherford and Crude Oil on August 25 - August 30 at 11:06 AM logoAnalyzing Patterson-UTI Energy’s Drivers in 2Q17 - August 23 at 6:56 PM logoWeatherford (WFT) Names Karl Blanchard as Chief Operating Officer - August 23 at 1:53 PM logoWeatherford 2016 Digital Annual Report Wins Silver at International Business Awards - August 23 at 1:53 PM logoWeatherford’s 7-Day Stock Price Forecast on August 18 - August 23 at 1:53 PM logoHow Weatherford International's Management Thinks It Can Fit in Today's Oil Market - August 23 at 1:53 PM logoHead-To-Head Contrast: GulfMark Offshore (GLF) vs. Weatherford International PLC (WFT) - August 22 at 2:22 PM logoQ3 2017 EPS Estimates for Weatherford International PLC (WFT) Reduced by Analyst - August 21 at 1:24 AM logoWeatherford International PLC Forecasted to Post FY2019 Earnings of $0.13 Per Share (WFT) - August 18 at 1:46 PM logoWeatherford International PLC (WFT) Receives Consensus Recommendation of "Buy" from Analysts - August 18 at 9:02 AM logoCritical Review: Weatherford International PLC (WFT) and Superior Drilling Products (SDPI) - August 18 at 4:26 AM logoWhat's Driving Oil Rig Count in the US Despite Weak Crude? - Nasdaq - August 15 at 3:54 PM logoWhat Weatherford Has to Do with Crude as of August 11 - August 15 at 8:15 AM logoWeatherford International PLC (NYSE:WFT) Sees Significant Drop in Short Interest - August 15 at 1:26 AM logoGulfMark Offshore (GLF) versus Weatherford International PLC (NYSE:WFT) Head to Head Survey - August 15 at 12:28 AM logoWeatherford International PLC Target of Unusually Large Options Trading (NYSE:WFT) - August 12 at 2:16 AM logoDid International Rig Count Affect OFS Companies’ 2Q17 Revenues? - August 10 at 3:52 PM logoAnalyzing Net Debt for SLB, HAL, WFT, and NOV in 2Q17 - August 10 at 3:52 PM logoComparing the Relative Valuation among 4 OFS Giants - August 10 at 3:52 PM logoHow Did US Rig Count Affect SLB, HAL, and WFT in 2Q17? - August 10 at 9:39 AM logoWeatherford International PLC Expected to Earn Q3 2017 Earnings of ($0.24) Per Share (NYSE:WFT) - August 10 at 7:56 AM



Weatherford International PLC (WFT) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by Staff