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: www.weatherford.com
Capitalization:
  • Market Cap: $3.50118 billion
  • Outstanding Shares: 989,035,000
Average Prices:
  • 50 Day Moving Avg: $4.16
  • 200 Day Moving Avg: $4.53
  • 52 Week Range: $3.39 - $7.09
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -9.32
  • P/E Growth: 0.15
Sales & Book Value:
  • Annual Revenue: $5.51 billion
  • Price / Sales: 0.64
  • Book Value: $1.49 per share
  • Price / Book: 2.38
Profitability:
  • EBITDA: ($256,000,000.00)
  • Net Margins: -53.49%
  • Return on Equity: -65.33%
  • Return on Assets: -10.11%
Debt:
  • Debt-to-Equity Ratio: 4.95%
  • Current Ratio: 2.12%
  • Quick Ratio: 1.39%
Misc:
  • Average Volume: 16.04 million shs.
  • Beta: 2.45
  • 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) issued its quarterly earnings data on Friday, July, 28th. The company reported ($0.28) EPS for the quarter, meeting the 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%. Weatherford International PLC's revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.28) 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 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 equities research analysts have issued twelve-month price objectives for Weatherford International PLC's stock. Their predictions range from $3.75 to $8.00. On average, they anticipate Weatherford International PLC's stock price to reach $6.15 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 International Ltd.’s price chart underperformed the broader market indices over the last three months. The company’s debt-heavy balance sheet and inadequate cash balances are other concerns. The debt increased by nearly 30% during 2016 with little sign of reduction during the 2017 so far. Further, cash balance plunged by over 43% so far this year. This reflects the weakness of its balance sheet. Moreover, the credit ratings of the company’s bonds were downgraded by multiple credit rating agencies in 2016.  Given high debt load and weak credit ratings we think that Weatherford might face difficulties in generating debt capital for financing future growth projects. Volatile gas prices also remain a drag. Under these headwinds, we expect shares of Weatherford to be under pressure in the near future." (10/17/2017)
  • 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 drop in short interest in September. As of September 29th, there was short interest totalling 122,801,415 shares, a drop of 15.5% from the September 15th total of 145,282,828 shares. Based on an average daily volume of 16,971,207 shares, the days-to-cover ratio is currently 7.2 days. Approximately 12.6% of the shares of the company are sold short.

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 number of of retail and institutional investors. Top institutional shareholders include Exane Derivatives (0.04%) and Quantitative Systematic Strategies LLC (0.00%). Company insiders that own Weatherford International PLC stock include Douglas M Mills and Francis S Kalman. View Institutional Ownership Trends 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 Quantitative Systematic Strategies LLC and Exane Derivatives. 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 $3.54.


MarketBeat Community Rating for Weatherford International PLC (NYSE WFT)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  635 (Vote Outperform)
Underperform Votes:  502 (Vote Underperform)
Total Votes:  1,137
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: $6.15 (73.78% upside)
Consensus Price Target History for Weatherford International PLC (NYSE:WFT)
Price Target History for Weatherford International PLC (NYSE:WFT)
Analysts' Ratings History for Weatherford International PLC (NYSE:WFT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017BMO Capital MarketsReiterated RatingBuy$5.50N/AView Rating Details
10/10/2017Deutsche Bank AGInitiated CoverageBuy$6.00N/AView Rating Details
10/8/2017Royal Bank Of CanadaSet Price TargetBuy$6.00N/AView Rating Details
10/6/2017Cowen and CompanySet Price TargetBuy$8.00N/AView Rating Details
10/5/2017Jefferies Group LLCSet Price TargetHold$5.00N/AView Rating Details
10/5/2017Citigroup Inc.Boost Price TargetBuy$5.30 -> $5.60N/AView Rating Details
8/29/2017ScotiabankReiterated RatingBuyMediumView Rating Details
8/7/2017Morgan StanleyLower Price TargetOverweight$6.00 -> $5.50LowView 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
6/21/2017Barclays PLCUpgradeEqual Weight -> Overweight$7.00 -> $6.00HighView 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
3/7/2017Capital 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
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 10/22/2015 forward)

Earnings

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)

Estimates

Earnings Estimates for Weatherford International PLC (NYSE:WFT)
2017 EPS Consensus Estimate: ($0.92)
2018 EPS Consensus Estimate: ($0.45)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176($0.32)($0.24)($0.30)
Q2 20176($0.28)($0.16)($0.24)
Q3 20176($0.26)($0.10)($0.22)
Q4 20176($0.23)($0.06)($0.17)
Q1 20184($0.23)($0.02)($0.14)
Q2 20184($0.22)$0.00($0.13)
Q3 20184($0.20)$0.01($0.11)
Q4 20184($0.17)$0.05($0.08)
Q1 20191($0.11)($0.11)($0.11)
Q2 20191($0.09)($0.09)($0.09)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Weatherford International PLC (NYSE:WFT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Weatherford International PLC (NYSE:WFT)
Insider Ownership Percentage: 1.16%
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)

Headlines

Headline Trends for Weatherford International PLC (NYSE:WFT)
Latest Headlines for Weatherford International PLC (NYSE:WFT)
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Weatherford International PLC (WFT) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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