Weatherford International (WFRD)

Company Profile

weatherford is one of the largest multinational oilfield services companies. our product and service portfolio spans the life cycle of the well, and includes capability in drilling and formation evaluation, well construction, and completion. the company provides innovative solutions, technology, and services to the oil and gas industry, and operates in over 100 countries. for more information, please visit www.weatherford.com

Company profile

Ticker

WFRD, WFTUF

Exchange

NASDAQ

Website

www.weatherford.com

CEO

Mark McCollum

Location

Texas

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Drilling Oil and Gas Wells

Industry (SIC)

Oil & Gas Field Machinery & Equipment

NOV • BAKER HUGHES a GE • Baker Hughes • Forum Energy • NOW • Dril-Quip • Newpark Resources • Oil States International • Drilling Tools International • Cactus ...

Former names

Weatherford International Ltd

SEC CIK

0001603923

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Weatherford International Ltd. • Weatherford Oil Tool Middle East Limited • Weatherford U.S., L.P. ...

WFRD stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

26 Jul 23

Weatherford Announces Second Quarter 2023 Results

25 Jul 23

8-K

Submission of Matters to a Vote of Security Holders

16 Jun 23

Conflict minerals disclosure

26 Apr 23

Weatherford Announces First Quarter 2023 Results

25 Apr 23

DEFA14A

Additional proxy soliciting materials

24 Apr 23

ARS

2022 FY

Annual report to shareholders

Weatherford Announces Successful Completion of Consent Solicitation

20 Apr 23

Transcripts

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WFRD

Earnings call transcript

2023 Q1

26 Apr 23

WFRD

Earnings call transcript

2022 Q4

8 Feb 23

WFRD

Earnings call transcript

2022 Q3

26 Oct 22

WFRD

Earnings call transcript

2022 Q2

28 Jul 22

WFRD

Earnings call transcript

2022 Q1

28 Apr 22

WFRD

Earnings call transcript

2021 Q4

17 Feb 22

WFRD

Earnings call transcript

2021 Q3

2 Nov 21

WFRD

Earnings call transcript

2021 Q2

1 Aug 21

WFRD

Earnings call transcript

2021 Q1

6 May 21

WFRD

Earnings call transcript

2020 Q4

18 Feb 21

Latest ownership filings

View all

Notice of proposed sale of securities

Notice of proposed sale of securities

Financial summary

Financial statements Chart WFRD financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	922.00 mm	922.00 mm	922.00 mm	922.00 mm	922.00 mm	922.00 mm
Cash burn (monthly)	20.33 mm	14.00 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	59.70 mm	41.11 mm	n/a	n/a	n/a	n/a
Cash remaining	862.30 mm	880.89 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	42.4	62.9	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

WFRD institutional ownership history Ownership history

93.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	138	138	–
Opened positions	18	18	–
Closed positions	18	24	-25.0%
Increased positions	48	59	-18.6%
Reduced positions	48	45	+6.7%

13F shares	Current	Prev Q	Change
Total value	443.36 bn	522.42 bn	-15.1%
Total shares	67.13 mm	69.15 mm	-2.9%
Total puts	47.70 k	86.70 k	-45.0%
Total calls	46.50 k	43.40 k	+7.1%
Total put/call ratio	1.0	2.0	-48.7%

Largest owners	Shares	Value	Change
Hotchkis & Wiley Capital Management	8.69 mm	$59.80 bn	+1.3%
Oaktree Capital Management	6.70 mm	$46.08 bn	0.0%
BLK Blackrock	6.03 mm	$41.48 bn	+2.6%
FMR	5.64 mm	$38.80 bn	-0.0%
Vanguard	4.08 mm	$28.05 bn	-1.6%
Dimensional Fund Advisors	3.93 mm	$27.05 bn	+14.0%
Allspring Global Investments	2.65 mm	$18.27 bn	-0.1%
STT State Street	2.41 mm	$16.58 bn	+0.9%
Alliancebernstein	2.00 mm	$13.77 bn	-40.7%
LSV Asset Management	1.65 mm	$11.36 mm	+26.4%

Largest transactions	Shares	Bought/sold	Change
Alliancebernstein	2.00 mm	-1.37 mm	-40.7%
Nuveen Asset Management	269.85 k	-1.19 mm	-81.5%
Dimensional Fund Advisors	3.93 mm	+481.96 k	+14.0%
AMP Ameriprise Financial	641.01 k	+466.90 k	+268.2%
Two Sigma Investments	72.72 k	-439.29 k	-85.8%
Royce & Associates	412.13 k	+412.13 k	NEW
Two Sigma Advisers	425.40 k	-370.30 k	-46.5%
Arrowstreet Capital, Limited Partnership	661.51 k	-347.51 k	-34.4%
LSV Asset Management	1.65 mm	+345.24 k	+26.4%
IVZ Invesco	190.66 k	-266.08 k	-58.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

WFRD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Sep 23	Girish Saligram	Ordinary Shares	Other	Dispose J	Yes	No	0	42,105	0.00	82,895
24 May 23	Girish Saligram	Ordinary Shares	Gift	Dispose G	No	No	0	2,250	0.00	870,659
24 May 23	Girish Saligram	Ordinary Shares	Gift	Dispose G	No	No	0	22,000	0.00	872,909
23 May 23	Girish Saligram	Ordinary Shares	Sell	Dispose S	No	No	59.339	50,750	3.01 mm	894,909
18 May 23	Desmond J Mills	Ordinary Shares	Sell	Dispose S	No	No	57.42	15,000	861.30 k	26,761
15 Apr 23	Joseph H Mongrain	Ordinary Shares	Payment of exercise	Dispose F	No	No	65.21	8,879	579.00 k	47,554
15 Apr 23	Joseph H Mongrain	Ordinary Shares	Option exercise	Acquire M	No	No	0	22,565	0.00	56,433
15 Apr 23	Joseph H Mongrain	Restricted Share Units Ordinary Shares	Option exercise	Dispose M	No	No	0	22,565	0.00	0
15 Apr 23	Desmond J Mills	Ordinary Shares	Payment of exercise	Dispose F	No	No	65.21	6,075	396.15 k	41,761
15 Apr 23	Desmond J Mills	Ordinary Shares	Option exercise	Acquire M	No	No	0	15,439	0.00	47,836