Tearsheet

Weatherford International (WFRD)


Market Price (12/27/2025): $77.66 | Market Cap: $5.6 Bil
Sector: Energy | Industry: Oil & Gas Equipment & Services

Weatherford International (WFRD)


Market Price (12/27/2025): $77.66
Market Cap: $5.6 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 8.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.4%, FCF Yield is 6.8%
Trading close to highs
Dist 52W High is -4.5%
Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg QQuarterly Revenue Change % is -13%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%
Weak multi-year price returns
2Y Excs Rtn is -65%, 3Y Excs Rtn is -14%
Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 59%
2 Megatrend and thematic drivers
Megatrends include US Energy Independence, and Energy Transition & Decarbonization. Themes include US Oilfield Technologies, Geothermal Energy, Show more.
  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 8.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.4%, FCF Yield is 6.8%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%
2 Megatrend and thematic drivers
Megatrends include US Energy Independence, and Energy Transition & Decarbonization. Themes include US Oilfield Technologies, Geothermal Energy, Show more.
3 Trading close to highs
Dist 52W High is -4.5%
4 Weak multi-year price returns
2Y Excs Rtn is -65%, 3Y Excs Rtn is -14%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -10%, Rev Chg QQuarterly Revenue Change % is -13%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 59%
7 Key risks
WFRD key risks include [1] a high revenue concentration in geopolitically sensitive international regions, Show more.

Valuation, Metrics & Events

WFRD Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points explaining Weatherford International's (WFRD) stock movement from approximately August 31, 2025, to December 27, 2025:

<b>1. Strong Third Quarter 2025 Revenue Performance</b>

Weatherford International reported robust financial results for the third quarter of 2025, with revenues reaching $1.23 billion. This figure not only represented a 2% sequential increase but also a significant 13% year-over-year growth, surpassing analyst expectations of $1.17 billion. This strong top-line performance likely instilled investor confidence in the company's operational strength.

<br><br>

<b>2. Improved Adjusted EBITDA and Margin Expansion</b>

The company demonstrated enhanced operational efficiency in Q3 2025, with Adjusted EBITDA increasing to $269 million. This marked a 6% sequential and 24% year-over-year rise, accompanied by an expansion of Adjusted EBITDA margins to 21.8%. These improvements suggest effective cost management and a healthier profitability outlook.

<br><br>

<b>3. Positive Analyst Sentiment and Increased Price Targets</b>

During the latter half of 2025, several Wall Street analysts issued favorable ratings for Weatherford, including "Buy," "Overweight," and "Outperform." Notably, leading financial institutions like Citigroup and Barclays raised their price targets for WFRD stock in December and October 2025, respectively, indicating a positive outlook on the company's future value.

<br><br>

<b>4. Strategic Partnership to Advance Training</b>

On October 27, 2025, Weatherford announced a strategic partnership with Maersk Training. This collaboration aims to advance Managed Pressure Drilling (MPD) training by offering the industry's first all-level IADC-accredited programs, potentially strengthening Weatherford's market position and service offerings.

<br><br>

<b>5. Balance Sheet Strengthening and Shareholder Returns</b>

In the third quarter of 2025, Weatherford enhanced its financial flexibility by expanding its credit facility by $280 million, bringing the total commitments to $1 billion. Furthermore, the company demonstrated its commitment to shareholder value by returning $25 million through dividends and share repurchases during the same quarter.

Show more

Stock Movement Drivers

Fundamental Drivers

The 11.9% change in WFRD stock from 9/26/2025 to 12/26/2025 was primarily driven by a 32.4% change in the company's P/E Multiple.
926202512262025Change
Stock Price ($)69.3777.6611.95%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)5147.004970.00-3.44%
Net Income Margin (%)9.35%8.15%-12.80%
P/E Multiple10.4113.7932.40%
Shares Outstanding (Mil)72.2071.900.42%
Cumulative Contribution11.95%

LTM = Last Twelve Months as of date shown

Market Drivers

9/26/2025 to 12/26/2025
ReturnCorrelation
WFRD11.9% 
Market (SPY)4.3%40.0%
Sector (XLE)-3.9%66.3%

Fundamental Drivers

The 56.3% change in WFRD stock from 6/27/2025 to 12/26/2025 was primarily driven by a 78.4% change in the company's P/E Multiple.
627202512262025Change
Stock Price ($)49.6977.6656.28%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)5348.004970.00-7.07%
Net Income Margin (%)8.79%8.15%-7.28%
P/E Multiple7.7313.7978.39%
Shares Outstanding (Mil)73.1071.901.64%
Cumulative Contribution56.24%

LTM = Last Twelve Months as of date shown

Market Drivers

6/27/2025 to 12/26/2025
ReturnCorrelation
WFRD56.3% 
Market (SPY)12.6%29.4%
Sector (XLE)4.5%71.3%

Fundamental Drivers

The 16.1% change in WFRD stock from 12/26/2024 to 12/26/2025 was primarily driven by a 50.4% change in the company's P/E Multiple.
1226202412262025Change
Stock Price ($)66.8877.6616.13%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)5534.004970.00-10.19%
Net Income Margin (%)9.65%8.15%-15.55%
P/E Multiple9.1713.7950.39%
Shares Outstanding (Mil)73.2071.901.78%
Cumulative Contribution16.09%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2024 to 12/26/2025
ReturnCorrelation
WFRD16.1% 
Market (SPY)15.8%60.8%
Sector (XLE)7.1%76.3%

Fundamental Drivers

The 56.4% change in WFRD stock from 12/27/2022 to 12/26/2025 was primarily driven by a 30.2% change in the company's P/S Multiple.
1227202212262025Change
Stock Price ($)49.6677.6656.38%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)4087.004970.0021.61%
P/S Multiple0.861.1230.23%
Shares Outstanding (Mil)71.0071.90-1.27%
Cumulative Contribution56.36%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2023 to 12/26/2025
ReturnCorrelation
WFRD-21.1% 
Market (SPY)48.0%54.0%
Sector (XLE)9.7%68.7%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
WFRD Return0%7481%84%92%-26%11%21746%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
WFRD Win Rate0%25%75%75%42%67% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
WFRD Max Drawdown0%0%-37%-7%-31%-45% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[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] 2025 data is for the year up to 12/26/2025 (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 HPQ, HPE, IBM, CSCO, AAPL

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.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

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):

  • They're like **Caterpillar** for the oil and gas industry, providing the essential heavy machinery and services needed to drill and produce energy.
  • Think of them as the **Amazon Web Services (AWS)** for oil and gas companies, offering the critical technologies and infrastructure that enable them to construct and manage wells.

AI Analysis | Feedback

  • Well Construction and Completions Services: Provides tools and services for building the wellbore, including casing and cementing, and preparing the well for production with completion systems and multi-stage fracturing technologies.
  • Drilling and Evaluation Services: Offers advanced drilling technologies, measurement-while-drilling (MWD), logging-while-drilling (LWD), and wireline services to optimize well placement and gather reservoir data.
  • Artificial Lift Systems: Designs, manufactures, and services various artificial lift technologies, such as electrical submersible pumps (ESPs), rod lift systems, and gas lift, to enhance hydrocarbon recovery from producing wells.
  • Well Intervention and Remediation Services: Supplies specialized tools and expertise for remedial work, wellbore cleanup, fishing operations, and other interventions to maintain or restore well productivity.
  • Digital Solutions: Delivers software and data analytics platforms for real-time well monitoring, production optimization, reservoir management, and integrated operations planning.

AI Analysis | Feedback

Weatherford International (WFRD) sells primarily to other companies within the global oil and natural gas industry. Its customer base is diverse, and the company does not disclose any single customer that accounts for 10% or more of its consolidated revenues in its public filings. Therefore, it does not have individually named "major customers" in the typical reporting sense. Instead, Weatherford serves a broad range of exploration and production (E&P) companies, which can be categorized as follows:

  • National Oil Companies (NOCs): These are state-owned or state-controlled entities responsible for managing their country's oil and gas resources. Examples include Saudi Aramco, Abu Dhabi National Oil Company (ADNOC), Petrobras (PBR), and Mexico's Pemex.
  • International Oil Companies (IOCs): Also known as major integrated oil companies, these are large, publicly traded corporations with extensive global operations spanning exploration, production, refining, and marketing. Examples include ExxonMobil (XOM), Chevron (CVX), Shell plc (SHEL), BP p.l.c. (BP), and TotalEnergies SE (TTE).
  • Independent Oil and Gas Companies: These are typically smaller or medium-sized public or private companies primarily focused on exploration and production activities, often within specific geographic regions or basins. Examples include EOG Resources (EOG) and Occidental Petroleum (OXY).

Weatherford provides a comprehensive suite of products and services—including technologies and expertise for drilling, evaluation, completion, production, and intervention—to these various types of companies across their global operations.

AI Analysis | Feedback

null

AI Analysis | Feedback

Girish K. Saligram, President and Chief Executive Officer

Girish K. Saligram was appointed President and Chief Executive Officer of Weatherford in October 2020. Before joining Weatherford, he served as Chief Operating Officer and previously as President, Global Services for Exterran Corporation, which he joined in 2016. Prior to Exterran Corporation, Mr. Saligram spent 20 years with GE in various leadership roles across industry sectors worldwide, including General Manager of Downstream Products & Services for GE Oil & Gas and leading the GE Oil & Gas Contractual Services business based in Florence, Italy. He also spent 12 years with GE Healthcare in engineering, services, operations, and other commercial roles.

Anuj Dhruv, Executive Vice President and Chief Financial Officer

Anuj Dhruv was appointed Executive Vice President and Chief Financial Officer on April 22, 2025. He brings over two decades of diverse experience in global finance, strategy, and transformation roles across the technology, energy, and chemicals industries. Most recently, Mr. Dhruv served as Vice President of Finance and Strategy for the Global Olefins and Polyolefins segment at LyondellBasell. His background also includes strategic leadership positions at Schlumberger and Microsoft, where he was noted for optimizing financial performance and leading complex mergers and acquisitions. He started his career in the Treasury department at Microsoft before joining Cameron in 2010, and later moved to Schlumberger after its acquisition of Cameron, then to LyondellBasell in 2017.

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

Scott C. Weatherholt is the Executive Vice President, General Counsel, and Chief Compliance Officer. He has been with Weatherford International since 2011, having previously served as Vice President and General Counsel – The Americas. Prior to Weatherford, Mr. Weatherholt held various legal and leadership roles at other companies.

Dave Reed, Executive Vice President and Chief Commercial Officer

Dave Reed joined Weatherford in 2021 and brings nearly 30 years of significant commercial, product line, and operational knowledge. Most recently, he served as the Commercial Vice President for Tenaris. Prior to that, Mr. Reed spent more than 20 years at SLB (Schlumberger), where he held positions of increasing responsibility across the globe in operational roles, including Vice President of Completions, Middle East, and Vice President of Global Planning, Completions.

Depinder Sandhu, Executive Vice President and Chief Strategy Officer

Depinder Sandhu joined Weatherford in 2016 and brings over 27 years of operations, strategy, product line, and technology experience. Before joining Weatherford, Mr. Sandhu served as Vice President of Global Distribution and previously as Vice President, Artificial Lift for the Middle East at Schlumberger. After joining Schlumberger as a field engineer in 1996, his career spanned Operations Management positions in the Middle East, Gulf of Mexico, and West Africa across multiple product lines, as well as global strategy roles.

AI Analysis | Feedback

The key risks to Weatherford International's business (WFRD) include:

  1. Market Fluctuations and Cyclical Nature of the Oil and Gas Industry: Weatherford International's business is significantly impacted by the inherent cyclicality and volatility of the oil and natural gas industry. Fluctuations in commodity prices directly influence the capital spending and exploration and production activities of their customers, leading to unpredictable demand for Weatherford's services and potential adverse effects on its financial performance.
  2. Geopolitical Sensitivity and Risks Associated with International Operations: A substantial portion of Weatherford's revenue is generated from its international operations, particularly in regions like the Middle East, North Africa, and Asia. This global presence exposes the company to geopolitical risks, international tensions, and macroeconomic conditions that can lead to operational challenges, supply chain disruptions, and unpredictable financial results.
  3. Energy Transition and Environmental/Regulatory Changes: The global shift towards renewable energy sources and increased focus on sustainability, climate change, and environmental, social, and governance (ESG) initiatives pose a long-term risk. This trend could lead to reduced demand for traditional fossil fuel-related services and may necessitate significant operational changes, investments, and increased compliance costs for Weatherford.

AI Analysis | Feedback

  • Accelerated Global Energy Transition and Decarbonization Efforts: The increasing global focus on climate change, coupled with escalating government policies (e.g., carbon taxes, renewable energy mandates), rapidly declining costs of renewable energy technologies, and mounting investor pressure for sustainability, poses a significant threat to the long-term demand for oil and natural gas. As Weatherford International's core business is centered on providing products and services for the exploration, drilling, and production of hydrocarbons, a sustained reduction in capital expenditure by oil and gas companies due to shifting energy policies and investor pressure would directly diminish the market for WFRD's offerings. While WFRD is actively pursuing opportunities in new energy solutions like geothermal and carbon capture, the accelerating pace of this energy transition risks shrinking their traditional market faster than they can successfully pivot and establish substantial revenue streams in these emerging areas. This represents a fundamental shift in the market dynamics, analogous to how streaming services challenged physical media rentals.
  • Rapid Advancements in Digitalization and Automation by Competitors and E&P Operators: While Weatherford is investing in its own digital solutions, the accelerating pace of innovation in areas such as AI-driven drilling optimization, predictive analytics, robotics, and remote operations by major competitors (e.g., Schlumberger, Baker Hughes, Halliburton) or by clients themselves (insourcing digital capabilities) could erode WFRD's market share, pricing power, and competitive differentiation. This shift could reduce the overall demand for certain traditional labor-intensive services and empower clients with more in-house capabilities, potentially altering the fundamental service delivery model for oilfield operations. This trend is akin to how ride-sharing apps disrupted traditional taxi services by changing the delivery and consumption of transportation services.

AI Analysis | Feedback

Weatherford International (WFRD) operates across three primary business segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.

Drilling and Evaluation

This segment encompasses services such as managed pressure drilling, drilling services, wireline, and drilling fluids.

  • The global drilling services market was valued at approximately USD 32.1 billion in 2024 and is projected to reach USD 51.7 billion by 2033. Other estimates place the global drilling services market at USD 22.3 billion in 2024, expanding to USD 35.8 billion by 2034.
  • The Asia Pacific region held a significant share of the global drilling services market, valued at USD 6.2 billion (38% share) in 2023.
  • For Measurement While Drilling (a component of Drilling and Evaluation), the global market size was over USD 11.9 billion in 2019 and is expected to grow to USD 21.83 billion by 2027.

Well Construction and Completions

This segment includes tubular running services, cementing products, completion systems, and liner hangers.

  • The global completion equipment market was estimated at USD 21.4 billion in 2024 and is anticipated to increase to USD 35.8 billion by 2035.
  • In North America, the completion equipment market was valued at USD 8.75 billion in 2023 and is projected to reach USD 13.4 billion by 2032.
  • The global intelligent completion market, a specialized area within completions, was valued at USD 2.205 billion in 2023 and is predicted to reach USD 3.381 billion by 2032.

Production and Intervention

This segment focuses on intervention services, drilling tools, artificial lift, production automation, and pressure pumping services.

  • Artificial Lift Market: The global artificial lift market was valued at USD 10.60 billion in 2024 and is projected to reach USD 18.29 billion by 2032. Other reports indicate the global market was USD 13.9 billion in 2024 and is estimated to grow to USD 29.1 billion by 2034.
  • The U.S. artificial lift system market is projected to exceed USD 11.5 billion by 2034. North America held the largest revenue share in the artificial lift market in 2023, contributing over 33%.
  • Well Intervention Market: The global well intervention market size was valued at USD 9.30 billion in 2023 and is projected to reach USD 12.01 billion by 2030. Another estimate places the global market at USD 9.26 billion in 2024, projected to grow to USD 14.87 billion by 2032.
  • North America held the largest share of the well intervention market, at approximately 39.5% in 2023, with a market value of USD 3.47 billion in 2024. The Asia Pacific region is anticipated to be one of the fastest-growing markets, with a projected market size of USD 2.47 billion in 2025.
  • Pressure Pumping Market: The global pressure pumping market size was estimated at USD 89.39 billion in 2024 and is predicted to reach approximately USD 173.34 billion by 2034.
  • North America dominated the pressure pumping market with the largest revenue share of 65% in 2024. The U.S. pressure pumping market size was estimated at USD 43.58 billion in 2024 and is predicted to be around USD 86.03 billion by 2034.

AI Analysis | Feedback

Weatherford International (WFRD) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

  1. Expansion in International Markets and Offshore Activity: Weatherford is strategically focused on international markets, which drove a 10% increase in full-year 2024 revenue. The company expects international revenues (excluding Mexico and Russia) to increase by 2-3% in 2025, with the Middle East projected to grow by 5% due to recent contract awards. Latin America also showed positive growth in 2024 and sequential improvements in Q3 2025, particularly in Mexico, where cautious optimism for slight improvements into 2026 is noted. Furthermore, Weatherford anticipates improvements in the latter half of 2026, especially in offshore and international markets, with Brazil and North America offshore identified as primary areas of growth for Q4 2025.
  2. Technological Innovation, Digital Transformation, and New Offerings: The company's growth strategy is deeply rooted in innovation and technology, with a focus on digital transformation, automation, and developing cutting-edge solutions. Weatherford is investing significantly in research and development and is focusing on new offerings in the digital and new energy sectors to create unique value propositions. Key initiatives include the "Industrial Intelligence" platform, launched at its FWRD 2025 Technology Conference, which aims to transform operational data through modern edge computing architecture, and "intelligent completions."
  3. Strategic Acquisitions to Enhance Portfolio: Weatherford is actively pursuing a multi-faceted expansion strategy that involves strategic mergers and acquisitions to differentiate its portfolio. An example of this is the September 2024 acquisition of Datagration Solutions, which helps Weatherford develop advanced digital solutions. This strategy allows the company to enhance its service capabilities and maintain a competitive edge.
  4. Securing High-Value Contracts and Client Base Expansion: The company remains focused on growing its geographical presence and client base by securing impactful contracts. Notable contract wins include a 1-year contract with bp in Offshore U.K. and a 3-year contract with Shell in the Gulf of America, highlighting trust in their technology and service excellence. Additionally, contract startups in the Middle East, Asia, and Europe are expected to offset some headwinds in other regions. Weatherford's ability to capture high-value contracts tied to digital and managed services is considered a primary short-term catalyst for the business.

AI Analysis | Feedback

Share Repurchases

  • Weatherford initiated a $500 million share repurchase program over three years, announced in July 2024.
  • The company repurchased approximately $99 million of shares for the full year 2024.
  • In the first half of 2025, Weatherford repurchased approximately $87 million in shares, including $53 million in Q1 2025 and $34 million in Q2 2025.

Share Issuance

  • The number of shares outstanding decreased significantly by 93.03% in 2020 to 70 million, following a restructuring in 2019.
  • Shares outstanding increased slightly from 70 million in 2020 and 2021 to 72.6 million in 2024.

Outbound Investments

  • Weatherford acquired Datagration Solutions Inc., a leader in unified data integration, analytics, and machine learning, on September 3, 2024, to enhance its digital offerings.
  • On February 1, 2024, Weatherford International plc completed the acquisition of Probe Technologies Holdings, Inc.

Capital Expenditures

  • Capital expenditures for the full year 2024 were $299 million, an increase from $209 million in 2023.
  • For 2025, capital expenditures are expected to trend down and fall within 3% to 5% of revenues.
  • The company continues to invest over $100 million annually in research and development, and prioritizes investments in infrastructure systems for efficiency and scalability.

Better Bets than Weatherford International (WFRD)

Trade Ideas

Select ideas related to WFRD. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WHD_11212025_Dip_Buyer_ValueBuy11212025WHDCactusDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
12.1%12.1%0.0%
OVV_10172025_Dip_Buyer_FCFYield10172025OVVOvintivDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
6.4%6.4%0.0%
COP_10102025_Dip_Buyer_FCFYield10102025COPConocoPhillipsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.4%5.4%-2.3%
HAL_10102025_Dip_Buyer_FCFYield10102025HALHalliburtonDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
28.1%28.1%-0.7%
OXY_10102025_Dip_Buyer_FCFYield10102025OXYOccidental PetroleumDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-4.9%-4.9%-7.1%

Recent Active Movers

More From Trefis

Peer Comparisons for Weatherford International

Peers to compare with:

Financials

WFRDHPQHPEIBMCSCOAAPLMedian
NameWeatherf.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price77.6623.2624.49305.0978.16273.4077.91
Mkt Cap5.621.932.6284.9309.24,074.4158.8
Rev LTM4,97055,29534,29665,40257,696408,62556,496
Op Inc LTM7253,6241,64411,54412,991130,2147,584
FCF LTM3822,80062711,85412,73396,1847,327
FCF 3Y Avg4982,9781,40011,75313,879100,5037,366
CFO LTM6573,6972,91913,48313,744108,5658,590
CFO 3Y Avg7423,6723,89613,49814,736111,5598,697

Growth & Margins

WFRDHPQHPEIBMCSCOAAPLMedian
NameWeatherf.HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM-10.2%3.2%13.8%4.5%8.9%6.0%5.2%
Rev Chg 3Y Avg7.6%-3.9%6.5%2.6%3.7%1.8%3.2%
Rev Chg Q-12.6%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM-3.4%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM14.6%6.6%4.8%17.7%22.5%31.9%16.1%
Op Mgn 3Y Avg15.8%7.4%7.2%16.4%24.2%30.8%16.1%
QoQ Delta Op Mgn LTM-0.8%-0.2%-1.4%0.6%0.4%0.1%-0.1%
CFO/Rev LTM13.2%6.7%8.5%20.6%23.8%26.6%16.9%
CFO/Rev 3Y Avg14.3%6.8%12.7%21.4%26.1%28.4%17.9%
FCF/Rev LTM7.7%5.1%1.8%18.1%22.1%23.5%12.9%
FCF/Rev 3Y Avg9.6%5.5%4.6%18.6%24.6%25.6%14.1%

Valuation

WFRDHPQHPEIBMCSCOAAPLMedian
NameWeatherf.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap5.621.932.6284.9309.24,074.4158.8
P/S1.10.41.04.45.410.02.7
P/EBIT7.66.819.925.122.531.321.2
P/E13.88.6572.736.029.941.033.0
P/CFO8.55.911.221.122.537.516.2
Total Yield8.5%14.1%2.3%5.0%5.4%2.8%5.2%
Dividend Yield1.3%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg8.4%10.6%5.5%6.4%6.0%3.1%6.2%
D/E0.30.50.70.20.10.00.3
Net D/E0.10.30.60.20.00.00.2

Returns

WFRDHPQHPEIBMCSCOAAPLMedian
NameWeatherf.HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn7.4%-1.8%14.4%0.6%2.7%-1.5%1.7%
3M Rtn11.9%-11.9%2.7%7.9%17.0%7.1%7.5%
6M Rtn56.3%-4.0%34.5%6.6%15.2%36.3%24.9%
12M Rtn16.1%-27.3%14.2%39.2%33.7%6.0%15.1%
3Y Rtn56.4%-3.8%67.7%139.0%79.5%113.4%73.6%
1M Excs Rtn4.2%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn7.6%-16.2%-1.7%3.6%12.7%2.8%3.2%
6M Excs Rtn44.0%-16.3%22.3%-5.7%3.0%24.0%12.6%
12M Excs Rtn0.1%-42.9%-0.7%25.0%19.9%-8.4%-0.3%
3Y Excs Rtn-14.1%-83.5%-11.2%59.6%-1.2%28.4%-6.2%

Financials

Segment Financials

Revenue by Segment
$ Mil2024202320222021
Well Construction and Completions (WCC)1,8001,5211,3531,414
Drilling and Evaluation (DRE)1,5361,3281,0661,044
Production and Intervention (PRI)1,4721,3951,1271,106
All Other3278799121
Total5,1354,3313,6453,685


Operating Income by Segment
$ Mil2024202320222021
Well Construction and Completions (WCC)455299256273
Drilling and Evaluation (DRE)422324186132
Production and Intervention (PRI)323261191154
All Other381  
Other Charges, Net-4-31  
Share-based Compensation-35-25-25 
Corporate-52-68  
Depreciation and Amortization-327-349-440-503
Corporate and other  -62-100
Other Adjustments  10-1,442
Total820412116-1,486


Assets by Segment
$ Mil2024202320222021
Corporate and other2,5342,2852,331 
Well Construction and Completions (WCC)1,0669939741,100
Drilling and Evaluation (DRE)766713783950
Production and Intervention (PRI)702729686768
Total5,0684,7204,7742,818


Price Behavior

Price Behavior
Market Price$77.66 
Market Cap ($ Bil)5.6 
First Trading Date06/17/2014 
Distance from 52W High-4.5% 
   50 Days200 Days
DMA Price$73.90$58.64
DMA Trendupup
Distance from DMA5.1%32.4%
 3M1YR
Volatility36.2%53.4%
Downside Capture59.90114.05
Upside Capture101.97112.39
Correlation (SPY)40.7%60.8%
WFRD Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta1.281.310.981.081.651.42
Up Beta1.141.461.521.631.591.49
Down Beta1.091.741.851.912.371.95
Up Capture156%138%82%125%112%136%
Bmk +ve Days13263974142427
Stock +ve Days10213266124399
Down Capture121%90%11%-23%118%103%
Bmk -ve Days7162452107323
Stock -ve Days10213160123347

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of WFRD With Other Asset Classes (Last 1Y)
 WFRDSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return17.7%8.6%17.8%72.1%8.6%4.4%-8.3%
Annualized Volatility53.1%24.4%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio0.490.290.722.700.340.09-0.08
Correlation With Other Assets 76.3%60.7%3.4%54.9%44.0%26.9%

ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of WFRD With Other Asset Classes (Last 5Y)
 WFRDSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return225.8%21.8%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility1,594.7%26.7%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio0.500.750.700.970.500.160.57
Correlation With Other Assets 5.3%1.6%1.5%2.7%3.7%2.7%

ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of WFRD With Other Asset Classes (Last 10Y)
 WFRDSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return24.9%8.2%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility1,210.4%29.8%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.360.330.710.860.320.220.90
Correlation With Other Assets 5.8%2.3%1.3%3.2%3.5%1.8%

ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity3,059,515
Short Interest: % Change Since 113020257.1%
Average Daily Volume806,288
Days-to-Cover Short Interest3.79
Basic Shares Quantity71,900,000
Short % of Basic Shares4.3%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
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%
2/6/20247.1%10.6%24.8%
...
SUMMARY STATS   
# Positive191617
# Negative476
Median Positive3.9%5.1%2.0%
Median Negative-5.3%-3.9%-9.6%
Max Positive15.7%28.7%3,950.5%
Max Negative-9.1%-16.4%-22.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
93020251022202510-Q 9/30/2025
6302025723202510-Q 6/30/2025
3312025423202510-Q 3/31/2025
12312024206202510-K 12/31/2024
93020241023202410-Q 9/30/2024
6302024724202410-Q 6/30/2024
3312024424202410-Q 3/31/2024
12312023207202410-K 12/31/2023
93020231025202310-Q 9/30/2023
6302023726202310-Q 6/30/2023
3312023426202310-Q 3/31/2023
12312022208202310-K 12/31/2022
93020221026202210-Q 9/30/2022
6302022728202210-Q 6/30/2022
3312022428202210-Q 3/31/2022
12312021217202210-K 12/31/2021