Tearsheet

Weatherford International (WFRD)


Market Price (4/9/2026): $102.89 | Market Cap: $7.4 Bil
Sector: Energy | Industry: Oil & Gas Equipment & Services

Weatherford International (WFRD)


Market Price (4/9/2026): $102.89
Market Cap: $7.4 Bil
Sector: Energy
Industry: Oil & Gas Equipment & Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.9%, FCF Yield is 6.1%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%

Low stock price volatility
Vol 12M is 49%

Megatrend and thematic drivers
Megatrends include US Energy Independence, and Energy Transition & Decarbonization. Themes include US Oilfield Technologies, Geothermal Energy, Show more.

Trading close to highs
Dist 52W High is -4.4%

Weak multi-year price returns
2Y Excs Rtn is -47%

Stock price has recently run up significantly
12M Rtn12 month market price return is 165%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -11%, Rev Chg QQuarterly Revenue Change % is -3.9%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 50%

Key risks
WFRD key risks include [1] a high revenue concentration in geopolitically sensitive international regions, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.9%, FCF Yield is 6.1%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%
2 Low stock price volatility
Vol 12M is 49%
3 Megatrend and thematic drivers
Megatrends include US Energy Independence, and Energy Transition & Decarbonization. Themes include US Oilfield Technologies, Geothermal Energy, Show more.
4 Trading close to highs
Dist 52W High is -4.4%
5 Weak multi-year price returns
2Y Excs Rtn is -47%
6 Stock price has recently run up significantly
12M Rtn12 month market price return is 165%
7 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -11%, Rev Chg QQuarterly Revenue Change % is -3.9%
8 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 50%
9 Key risks
WFRD key risks include [1] a high revenue concentration in geopolitically sensitive international regions, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Weatherford International (WFRD) stock has gained about 30% since 12/31/2025 because of the following key factors:

1. Strong Q4 2025 Financial Performance and Increased Shareholder Returns.

Weatherford International reported robust fourth-quarter 2025 financial results on February 3, 2026, with an Earnings Per Share (EPS) of $1.91, significantly exceeding the consensus estimate of $1.42 by $0.49. The company also surpassed revenue expectations, reporting $1.29 billion against an estimated $1.26 billion. Additionally, on January 27, 2026, Weatherford announced a 10% increase in its quarterly cash dividend to $0.275 per share, reflecting business strength, a healthy balance sheet, and strong free cash flow generation.

2. Positive Analyst Sentiment and Upgraded Price Targets.

Throughout the period, Weatherford received multiple analyst upgrades and increased price targets, signaling growing confidence in its future outlook. Firms like Citigroup raised their price objective to $115.00 on February 13, 2026, while Goldman Sachs increased its target to $107.00 on March 4, 2026. RBC Capital initiated coverage on March 18, 2026, with an "Outperform" rating and a $105.00 price target, citing the company's cash generation and return metrics. The stock also saw upgrades to "Strong-Buy" from Wall Street Zen on March 24, 2026, and Zacks Research on March 16, 2026.

Show more

Stock Movement Drivers

Fundamental Drivers

The 30.9% change in WFRD stock from 12/31/2025 to 4/8/2026 was primarily driven by a 22.5% change in the company's P/E Multiple.
(LTM values as of)123120254082026Change
Stock Price ($)78.05102.2030.9%
Change Contribution By: 
Total Revenues ($ Mil)4,9704,918-1.0%
Net Income Margin (%)8.1%8.8%7.5%
P/E Multiple13.917.022.5%
Shares Outstanding (Mil)72720.4%
Cumulative Contribution30.9%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/8/2026
ReturnCorrelation
WFRD30.9% 
Market (SPY)-5.4%42.7%
Sector (XLE)29.8%31.9%

Fundamental Drivers

The 50.3% change in WFRD stock from 9/30/2025 to 4/8/2026 was primarily driven by a 66.3% change in the company's P/E Multiple.
(LTM values as of)93020254082026Change
Stock Price ($)68.01102.2050.3%
Change Contribution By: 
Total Revenues ($ Mil)5,1474,918-4.4%
Net Income Margin (%)9.3%8.8%-6.2%
P/E Multiple10.217.066.3%
Shares Outstanding (Mil)72720.8%
Cumulative Contribution50.3%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/8/2026
ReturnCorrelation
WFRD50.3% 
Market (SPY)-2.9%41.3%
Sector (XLE)31.1%44.7%

Fundamental Drivers

The 94.0% change in WFRD stock from 3/31/2025 to 4/8/2026 was primarily driven by a 124.3% change in the company's P/E Multiple.
(LTM values as of)33120254082026Change
Stock Price ($)52.69102.2094.0%
Change Contribution By: 
Total Revenues ($ Mil)5,5134,918-10.8%
Net Income Margin (%)9.2%8.8%-4.5%
P/E Multiple7.617.0124.3%
Shares Outstanding (Mil)73721.5%
Cumulative Contribution94.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/8/2026
ReturnCorrelation
WFRD94.0% 
Market (SPY)16.3%59.1%
Sector (XLE)27.4%71.9%

Fundamental Drivers

The 76.6% change in WFRD stock from 3/31/2023 to 4/8/2026 was primarily driven by a 1359.8% change in the company's Net Income Margin (%).
(LTM values as of)33120234082026Change
Stock Price ($)57.87102.2076.6%
Change Contribution By: 
Total Revenues ($ Mil)4,3314,91813.6%
Net Income Margin (%)0.6%8.8%1359.8%
P/E Multiple153.617.0-88.9%
Shares Outstanding (Mil)6972-3.6%
Cumulative Contribution76.6%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/8/2026
ReturnCorrelation
WFRD76.6% 
Market (SPY)63.3%49.6%
Sector (XLE)53.5%64.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
WFRD Return7482%84%92%-26%11%23%26927%
Peers Return24%66%-8%-16%6%37%131%
S&P 500 Return27%-19%24%23%16%-3%76%

Monthly Win Rates [3]
WFRD Win Rate25%75%75%42%67%75% 
Peers Win Rate50%62%43%42%68%75% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
WFRD Max Drawdown0%-37%-7%-31%-45%0% 
Peers Max Drawdown-6%-3%-28%-28%-28%0% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SLB, HAL, BKR, NOV, NBR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/8/2026 (YTD)

How Low Can It Go

Unique KeyEventWFRDS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-55.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven123.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven104 days464 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-96.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven2681.3%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven891 days120 days

Compare to SLB, HAL, BKR, NOV, NBR

In The Past

Weatherford International's stock fell -55.2% during the 2022 Inflation Shock from a high on 4/18/2022. A -55.2% loss requires a 123.4% gain to breakeven.

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About Weatherford International (WFRD)

Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates in two segments, Western Hemisphere and Eastern Hemisphere. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and drill stem test tools, surface well testing, and multiphase flow measurement services. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high-temperature and high-pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed-loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open hole and cased-hole logging services; and intervention and remediation services. Further, the company provides tubular handling, management, and connection services; and re-entry, fishing, wellbore cleaning, and well abandonment services, as well as patented bottom hole, tubularhandling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.

AI Analysis | Feedback

Here are 1-3 brief analogies for Weatherford International (WFRD):

  • Weatherford is like a comprehensive **Halliburton** or **Schlumberger**, providing a vast array of specialized equipment and services for drilling, completing, and producing oil and natural gas wells worldwide.
  • Think of Weatherford as the **Caterpillar** of the oil and gas well industry, supplying critical machinery, technology, and services for every stage of a well's life cycle.

AI Analysis | Feedback

  • Artificial Lift Systems: Provides various systems, including reciprocating rod, progressing cavity, gas, hydraulic, plunger, and hybrid lifts, along with automation to enhance well production.
  • Pressure Pumping & Reservoir Stimulation Services: Offers services such as acidizing, fracturing, cementing, and coiled-tubing intervention to improve reservoir productivity and well integrity.
  • Well Evaluation Services: Includes drill stem test tools, surface well testing, multiphase flow measurement, and open/cased-hole logging to assess well and reservoir conditions.
  • Well Completion & Production Equipment: Supplies systems for safety, downhole reservoir monitoring, flow control, multistage fracturing, sand control, and various production/isolation packers.
  • Liner Hangers: Equipment designed to suspend casing strings, particularly in high-temperature and high-pressure well environments.
  • Cementing Products & Services: Provides products like plugs, float/stage equipment, and torque-and-drag reduction technology, alongside pre-job planning and installation for zonal isolation.
  • Directional & Advanced Drilling Services: Offers services for directional drilling, logging and measurement while drilling, and specialized techniques like managed-pressure and underbalanced drilling.
  • Drilling Equipment & Control Systems: Includes rotary-steerable systems, high-temperature/pressure sensors, drilling reamers, circulation subs, rotating control devices, and automated control systems.
  • Well Intervention & Remediation Services: Provides services for re-entry, fishing, wellbore cleaning, and well abandonment.
  • Tubular Handling & Management Services: Offers services for the handling, management, and connection of tubulars, including patented bottom hole and pressure-control equipment.

AI Analysis | Feedback

Because Weatherford International plc (WFRD) provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells, its customers are other companies rather than individuals. Weatherford International's major customers primarily fall into the following categories:
  • Integrated Oil & Gas Companies: These are large, multinational corporations involved in all aspects of the oil and gas industry, from exploration and production to refining and marketing. Examples include companies like ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), Shell (NYSE: SHEL), and BP (NYSE: BP).
  • Independent Exploration & Production (E&P) Companies: These companies specialize in finding and extracting crude oil and natural gas. Their focus is solely on upstream operations. Examples include companies like ConocoPhillips (NYSE: COP), Occidental Petroleum (NYSE: OXY), and EOG Resources (NYSE: EOG).
  • National Oil Companies (NOCs): These are state-owned oil and gas companies that often control significant domestic reserves. Examples include Saudi Aramco, Petrobras (NYSE: PBR), and ADNOC (Abu Dhabi National Oil Company).
  • Geothermal Energy Companies: Although a smaller segment, Weatherford also provides services for geothermal wells, indicating that companies involved in geothermal power generation are also customers.

AI Analysis | Feedback

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AI Analysis | Feedback

Girish K. Saligram, President and Chief Executive Officer

Girish K. Saligram assumed the position of President and Chief Executive Officer of Weatherford in October 2020. Before joining Weatherford, he served Exterran Corporation as Chief Operating Officer and previously as President, Global Services, starting in 2016. Prior to Exterran, Mr. Saligram spent two decades with GE in various leadership capacities across different industry sectors globally, including his last role as General Manager, Downstream Products & Services for GE Oil & Gas. He also previously led GE Oil & Gas Contractual Services business based in Florence, Italy, and spent 12 years with GE Healthcare in engineering, services, operations, and other commercial roles. He holds a Bachelor of Engineering from Bangalore University, a Master of Science in Computer Science, and an MBA from the Kellogg Graduate School of Management at Northwestern University.

Anuj Dhruv, Executive Vice President and Chief Financial Officer

Anuj Dhruv joined Weatherford in 2025 as Executive Vice President and Chief Financial Officer. He brings over two decades of diverse experience in global finance, strategy, and transformation roles within the technology, energy, and chemicals industries. Most recently, he was the Vice President of Finance and Strategy for the Global Olefins and Polyolefins segment at LyondellBasell, where he was responsible for driving performance, investment strategies, and transformation initiatives for a $29 billion revenue segment. Mr. Dhruv's background also includes strategic leadership positions at Schlumberger and Microsoft, where he demonstrated a track record of optimizing financial performance, leading complex M&A transactions, and building high-performing teams. He holds an MBA from Columbia Business School and a BBA in Finance from the University of Texas at Austin, and is also a Chartered Financial Analyst (CFA) and a Certified Management Accountant (CMA).

Scott C. Weatherholt, Executive Vice President, General Counsel and Chief Compliance Officer

Scott C. Weatherholt serves as the Executive Vice President, General Counsel and Chief Compliance Officer at Weatherford International, having joined the team in July 2020. Before his tenure at Weatherford, he was the Senior Vice President and General Counsel for Arena Energy and its affiliates, with a focus on offshore Gulf of Mexico Shelf E&P activities. Prior to that, he held the position of Executive Vice President, General Counsel, and Corporate Secretary at Midstates Petroleum, where he oversaw the company's legal affairs, provided strategic counsel to the board and senior management, and managed legal aspects of a merger with Amplify Energy and a significant debt-for-debt recapitalization. Early in his career, he was an attorney at Samson Resources.

Depinder Sandhu, Executive Vice President and Chief Strategy Officer

Depinder Sandhu is the Executive Vice President and Chief Strategy Officer at Weatherford, joining the company in 2016. He has over 27 years of experience in operations, strategy, product line, and technology. Before Weatherford, Mr. Sandhu served as Vice President of Global Distribution and previously as Vice President, Artificial Lift for the Middle East at Schlumberger. He began his career at Schlumberger as a field engineer in 1996, with his experience spanning Operations Management positions in the Middle East, Gulf of Mexico, and West Africa across multiple product lines and global strategy roles.

Richard Ward, Executive Vice President Global Field Operations

Richard Ward joined Weatherford in 2024 as the Executive Vice President Global Field Operations. He brings more than three decades of international expertise in managing large-scale oilfield operations and effectively leading teams within the oilfield services sector. After earning a Bachelor of Science in Geology from London University, Mr. Ward spent his career at Baker Hughes before joining Weatherford.

AI Analysis | Feedback

The key risks to Weatherford International's business include:
  1. External & Market Headwinds: Weatherford International is significantly exposed to the volatility of global energy markets and geopolitical dynamics. Fluctuations in oil and natural gas commodity prices directly influence customer capital expenditure budgets, which in turn impact the company's revenue. Geopolitical tensions, particularly in regions where Weatherford operates extensively (such as the Middle East, North Africa, and Russia), can disrupt operations, supply chains, and create overall market uncertainty.
  2. Customer Concentration and Payment Delays: The company faces a notable risk associated with customer concentration and delayed payments, especially concerning a major customer in Mexico. Declines in activity and delayed customer payments in this region have been a substantial drag on revenues and free cash flow. A significant portion of Weatherford's accounts receivables and revenues are tied to this one customer, making the company vulnerable to changes in that customer's demand or financial health.
  3. Intense Competition and Smaller Scale: Weatherford operates in a highly competitive oilfield services industry. It competes with numerous players, including larger integrated service providers often referred to as the "Big Three" (Schlumberger, Halliburton, and Baker Hughes). Weatherford's relatively smaller scale compared to these major rivals can limit its budgets for research and development and capital expenditures, potentially affecting its ability to compete on the same level and requiring continuous innovation and operational efficiency to maintain market share.

AI Analysis | Feedback

The accelerating global transition to renewable energy sources and away from fossil fuels poses a clear emerging threat. This shift could lead to a sustained reduction in demand for oil and natural gas, thereby decreasing the need for new well drilling, evaluation, completion, production, and intervention services, which form the core of Weatherford International's business.

AI Analysis | Feedback

Weatherford International Addressable Markets

Weatherford International (WFRD) operates within several significant addressable markets globally and regionally, providing essential equipment and services to the oil and gas industry.

  • Oilfield Services Market: The global oilfield services market was estimated at USD 133.1 billion in 2023 and is projected to reach USD 166.4 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.4% from 2024 to 2030. Another estimate places the global oilfield service market size at USD 326.04 billion in 2024, poised to grow to USD 594.39 billion by 2033, at a CAGR of 6.9% during the forecast period (2026–2033). North America holds a dominant share of this market.
  • Artificial Lift Systems Market: The global artificial lift systems market size was estimated at USD 22.7 billion in 2023 and is projected to reach USD 33.5 billion by 2030, exhibiting a CAGR of 5.7% from 2024 to 2030. Another report states the global market size was USD 24.3 billion in 2024 and is expected to reach USD 37.0 billion by 2033, demonstrating a CAGR of 4.52% from 2025 to 2033. North America accounted for the largest market share in 2023.
  • Pressure Pumping Market: The global pressure pumping market size was estimated at USD 95.57 billion in 2025 and is predicted to increase to approximately USD 183.76 billion by 2035, expanding at a CAGR of 6.76% from 2026 to 2035. North America dominated this market with the largest revenue share in 2025.
  • Well Cementing Services Market: The global oil and gas well cementing services market size was estimated at around USD 8.6 billion in 2025. Other estimates show the market was valued at USD 10.02 billion in 2025 and is expected to increase to USD 14.1 billion by 2032, with a CAGR of 5.0%. The global well cementing services market size was valued at USD 8.9 billion in 2023 and is projected to reach USD 13.4 billion by 2033, growing at a CAGR of 4.2% from 2024 to 2033. North America remains the leading region, accounting for 42% of the regional share in 2025.
  • Oil and Gas Wells Drilling Services Market: The global oil and gas wells drilling services market size was valued at USD 154.44 billion in 2024. This market is anticipated to grow at a CAGR of 4.1% from 2025 to 2033, reaching USD 221.87 billion by 2033. The global drilling services market is projected to expand from USD 89.98 billion in 2025 to USD 123.08 billion by 2031, reflecting a CAGR of 5.36%.
  • Well Completion Equipment and Services Market: The global well completion equipment service market size was valued at USD 25.61 billion in 2025 and is projected to grow to USD 40.19 billion by 2034, exhibiting a CAGR of 5.11% during the forecast period. North America dominated the global well completion equipment service market with a market share of 34.71% in 2025. Another report states the market was valued at approximately USD 11.75 billion for the base year 2024.

AI Analysis | Feedback

Weatherford International (WFRD) is expected to experience future revenue growth over the next 2-3 years driven by several key factors:

  • International Market Expansion and Strengthening Presence in Key Regions: Weatherford's future success is closely tied to its international expansion, with analysts anticipating international revenue increases, particularly a projected 5% growth in the Middle East driven by new contracts. The company also foresees early signs of improvement in offshore deepwater activity, fueled by rising service demands in core basins like the Gulf of America, Brazil, the Caribbean, and the Caspian Sea. Furthermore, a recovery is expected in key markets such as Saudi Arabia in the second half of 2026, which could lead to overall international revenue growth in 2027.
  • Adoption and Growth of Higher-Margin Technology and Innovative Services: The company emphasizes higher-margin technology and services, including managed pressure drilling, decommissioning tools, and CO2 storage projects, contributing to revenue growth. Weatherford is shifting towards higher-margin, lower-capital-intensive product lines. Sequential revenue growth has also been driven by offshore technology and innovations, as evidenced by the deployment of the Xpress XTTM liner hanger system with pressure balance technology in Kuwait.
  • Overall Improvement in Oil and Gas Market Activity: An anticipated improvement in activity levels within the oil and gas market, particularly in 2027, is expected to be a significant driver of value creation and improved financial performance. Strong international demand and a sustained high oil price environment are also seen as macro tailwinds supporting this outlook. While 2026 may see slight revenue declines initially, a recovery is projected in the second half, paving the way for growth in 2027.

AI Analysis | Feedback

Share Repurchases

  • Weatherford International authorized a share repurchase program of up to $500 million through June 2027.
  • By the fourth quarter of 2025, the company completed a $200.01 million share repurchase program.
  • In the full year 2025, Weatherford returned $101 million to shareholders through share repurchases.

Share Issuance

  • In March 2026, a director received a new grant of 3,646 restricted share units, reflecting an issuance as part of equity compensation.

Outbound Investments

  • In September 2024, Weatherford acquired Datagration Solutions Inc. to enhance its digital and wireline capabilities, particularly in AI-driven analytics for oil and gas companies.

Capital Expenditures

  • Capital expenditures for the full year 2025 were $226 million, which was a 24% decrease from the prior year and represented 4.6% of revenues.
  • For 2026, Weatherford guided capital expenditures to a range of $190–$230 million, with an increased focus on IT and ERP investments for system modernization and efficiency enhancement.
  • In 2024, capital expenditures amounted to $268 million.

Better Bets vs. Weatherford International (WFRD)

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

WFRDSLBHALBKRNOVNBRMedian
NameWeatherf.SLB Hallibur.Baker Hu.NOV Nabors I. 
Mkt Price102.2051.8837.8063.1619.1483.6757.52
Mkt Cap7.377.631.862.46.91.219.6
Rev LTM4,91835,70922,18427,7338,7443,18515,464
Op Inc LTM7145,4573,0913,5575642631,902
FCF LTM4504,5431,6722,537876-231,274
FCF 3Y Avg5224,5202,0582,143563291,310
CFO LTM6766,4892,9263,8101,2516932,088
CFO 3Y Avg7676,5763,4163,4018996382,150

Growth & Margins

WFRDSLBHALBKRNOVNBRMedian
NameWeatherf.SLB Hallibur.Baker Hu.NOV Nabors I. 
Rev Chg LTM-10.8%-1.6%-3.3%-0.3%-1.4%8.7%-1.5%
Rev Chg 3Y Avg5.0%8.6%3.3%9.8%6.8%6.5%6.7%
Rev Chg Q-3.9%5.0%0.8%0.3%-1.3%9.3%0.6%
QoQ Delta Rev Chg LTM-1.0%1.3%0.2%0.1%-0.4%2.2%0.1%
Op Mgn LTM14.5%15.3%13.9%12.8%6.5%8.3%13.4%
Op Mgn 3Y Avg16.2%16.4%16.3%11.8%8.0%8.6%14.0%
QoQ Delta Op Mgn LTM-0.9%-0.9%-0.5%0.1%-0.5%-0.2%-0.5%
CFO/Rev LTM13.7%18.2%13.2%13.7%14.3%21.8%14.0%
CFO/Rev 3Y Avg14.8%18.8%15.0%12.6%10.2%20.9%14.9%
FCF/Rev LTM9.2%12.7%7.5%9.1%10.0%-0.7%9.1%
FCF/Rev 3Y Avg10.1%12.9%9.0%7.9%6.4%1.0%8.5%

Valuation

WFRDSLBHALBKRNOVNBRMedian
NameWeatherf.SLB Hallibur.Baker Hu.NOV Nabors I. 
Mkt Cap7.377.631.862.46.91.219.6
P/S1.52.21.42.30.80.41.5
P/EBIT10.616.015.020.115.01.615.0
P/E17.023.024.824.147.94.123.6
P/CFO10.812.010.916.45.61.710.8
Total Yield6.9%6.4%5.9%5.6%4.8%24.2%6.1%
Dividend Yield1.0%2.1%1.8%1.5%2.7%0.0%1.6%
FCF Yield 3Y Avg8.8%7.4%7.9%5.4%10.2%4.2%7.7%
D/E0.20.10.30.10.32.10.2
Net D/E0.10.10.20.00.11.30.1

Returns

WFRDSLBHALBKRNOVNBRMedian
NameWeatherf.SLB Hallibur.Baker Hu.NOV Nabors I. 
1M Rtn12.4%9.9%9.1%5.1%1.4%3.1%7.1%
3M Rtn18.7%23.2%25.0%29.8%14.2%38.1%24.1%
6M Rtn57.8%54.8%59.8%33.1%41.4%94.0%56.3%
12M Rtn165.2%67.3%101.6%84.1%79.0%204.7%92.9%
3Y Rtn76.1%12.8%23.8%137.3%13.8%-31.1%18.8%
1M Excs Rtn12.6%10.1%9.3%5.3%1.6%3.3%7.3%
3M Excs Rtn17.0%21.9%25.5%30.7%16.1%40.0%23.7%
6M Excs Rtn57.3%51.4%56.3%29.2%41.5%87.1%53.9%
12M Excs Rtn127.4%20.1%60.7%48.3%32.5%155.3%54.5%
3Y Excs Rtn11.5%-51.0%-37.1%69.3%-54.3%-96.4%-44.1%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Corporate and other2,4052,5342,2852,331 
Well Construction and Completions (WCC)1,0401,0669939741,100
Drilling and Evaluation (DRE)925766713783950
Production and Intervention (PRI)789702729686768
Total5,1595,0684,7204,7742,818


Price Behavior

Price Behavior
Market Price$102.20 
Market Cap ($ Bil)7.3 
First Trading Date06/17/2014 
Distance from 52W High-4.4% 
   50 Days200 Days
DMA Price$96.57$74.54
DMA Trendupup
Distance from DMA5.8%37.1%
 3M1YR
Volatility42.6%48.8%
Downside Capture-0.050.20
Upside Capture109.23128.97
Correlation (SPY)39.8%51.6%
WFRD Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta1.911.341.541.331.661.49
Up Beta4.152.723.212.401.621.63
Down Beta2.802.461.901.752.502.13
Up Capture134%102%198%153%152%120%
Bmk +ve Days7162765139424
Stock +ve Days11243768136397
Down Capture142%49%38%49%84%102%
Bmk -ve Days12233358110323
Stock -ve Days11182658115349

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WFRD
WFRD162.1%48.8%2.12-
Sector ETF (XLE)51.4%22.3%1.7766.2%
Equity (SPY)28.9%17.3%1.3551.5%
Gold (GLD)56.6%27.9%1.618.7%
Commodities (DBC)24.9%16.8%1.2946.6%
Real Estate (VNQ)13.8%15.6%0.6337.1%
Bitcoin (BTCUSD)-14.5%44.2%-0.2324.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WFRD
WFRD52.3%52.3%1.03-
Sector ETF (XLE)23.1%26.1%0.7962.3%
Equity (SPY)11.6%17.0%0.5339.6%
Gold (GLD)22.3%17.8%1.0310.1%
Commodities (DBC)11.8%18.8%0.5244.6%
Real Estate (VNQ)3.9%18.8%0.1127.0%
Bitcoin (BTCUSD)4.0%56.5%0.2916.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WFRD
WFRD-10.2%67.0%0.09-
Sector ETF (XLE)10.8%29.5%0.4052.2%
Equity (SPY)13.9%17.9%0.6734.6%
Gold (GLD)14.1%15.9%0.745.4%
Commodities (DBC)8.4%17.6%0.4036.2%
Real Estate (VNQ)5.1%20.7%0.2119.9%
Bitcoin (BTCUSD)67.4%66.9%1.076.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity4.3 Mil
Short Interest: % Change Since 2282026-9.1%
Average Daily Volume1.8 Mil
Days-to-Cover Short Interest2.5 days
Basic Shares Quantity71.6 Mil
Short % of Basic Shares6.0%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/3/20264.1%6.4%-1.5%
10/21/20250.6%5.7%8.1%
7/22/20254.8%5.6%1.6%
4/22/2025-7.2%-3.0%1.7%
2/5/20250.2%3.6%-13.7%
10/22/2024-3.3%-5.7%-1.5%
7/23/2024-9.1%-14.3%-22.0%
4/23/20245.9%4.7%-0.4%
...
SUMMARY STATS   
# Positive191616
# Negative477
Median Positive4.1%5.6%5.0%
Median Negative-5.3%-3.9%-9.2%
Max Positive15.7%28.7%3,950.8%
Max Negative-9.1%-16.4%-22.0%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/04/202610-K
09/30/202510/22/202510-Q
06/30/202507/23/202510-Q
03/31/202504/23/202510-Q
12/31/202402/06/202510-K
09/30/202410/23/202410-Q
06/30/202407/24/202410-Q
03/31/202404/24/202410-Q
12/31/202302/07/202410-K
09/30/202310/25/202310-Q
06/30/202307/26/202310-Q
03/31/202304/26/202310-Q
12/31/202202/08/202310-K
09/30/202210/26/202210-Q
06/30/202207/28/202210-Q
03/31/202204/28/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ruzicka, KristinEVP Chief HR & SustainabilityDirectSell1209202577.252,129164,4651,210,739Form
2Goldman, Neal P TrustBuy428202542.0412,000504,5291,064,177Form
3Weatherholt, Scott CEVP, GC & CCODirectSell2102026105.4937,8253,990,10013,644,718Form
4Sledge, Charles M DirectSell2102026104.692,204230,7263,426,242Form
5Saligram, GirishPresident and CEOTrustSell2102026105.4947,8955,052,54999,402,557Form