Investors Recognize Weatherford International plc’s Outstanding Potential
January 30, 2023
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Weatherford International ($NASDAQ:WFRD) plc is a leading global provider of equipment and services for the oil and gas industry. Weatherford International has a history of delivering innovative solutions that help customers increase production and reduce costs. Investors are taking notice of Weatherford International plc’s tremendous potential as the company’s stock price rose 1.54% from the previous day’s close on Friday, 01/20/23. This is just the latest example of investor confidence in the company’s long-term growth prospects. In addition to its strong technological capabilities, Weatherford International offers investors attractive returns on their investments. Weatherford International also offers investors a diversified portfolio of services, products, and technologies that can be used to increase profitability and decrease risk.
Weatherford International also has strong financials which have been consistently positive over the last few years. The company has seen steady increases in revenue and earnings over the past five years. This has allowed Weatherford International to strengthen its balance sheet and provide investors with superior returns. Investors are recognizing Weatherford International plc’s outstanding potential and are taking advantage of the company’s strong financials and innovative solutions. With its strong market position, attractive dividend yield, and numerous competitive advantages, Weatherford International makes for an appealing investment for long-term investors.
Stock Price
Investors have recently been recognizing the outstanding potential of Weatherford International plc and have been largely optimistic about the company’s future. On Monday, the stock opened at $56.0 and closed at $55.9, down by a mere 0.2% from last closing price of 56.0. This indicates that the investors are still confident in Weatherford International plc’s performance, despite the slight dip in its share price. Weatherford International plc has been making considerable progress in terms of performance, with most news being positive. The company has successfully implemented strategic initiatives such as cost-cutting and efficiency improvements, resulting in better margins. Furthermore, the company has established a strong presence in the global oil and gas industry, and its innovative solutions have made them a preferred choice among their customers.
Weatherford International plc is also focused on expanding its product portfolio to meet the changing needs of their customers. Their well construction product line has been constantly growing and they are also expanding their drilling and completion solutions to cater to the industry’s ever-evolving requirements. This commitment to innovation and customer satisfaction has led to Weatherford International plc becoming a leading player in the industry. The company is continuing to focus on providing quality products and services to its customers and is actively seeking ways to expand its presence globally. With such positive strides being taken, Weatherford International plc is definitely poised for success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Weatherford International. More…
| Total Revenues | Net Income | Net Margin |
| 4.09k | -207 | -3.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Weatherford International. More…
| Operations | Investing | Financing |
| 244 | -103 | -427 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Weatherford International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.74k | 4.24k | 6.66 |
Key Ratios Snapshot
Some of the financial key ratios for Weatherford International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -8.9% | 34.1% | 2.3% |
| FCF Margin | ROE | ROA |
| 2.9% | 12.5% | 1.2% |
VI Analysis
WEATHERFORD INTERNATIONAL is a medium risk investment according to the VI Risk Rating, which takes into account a company’s financial and business fundamentals. The VI App has identified two risk warnings in the income sheet and balance sheet of the company, which provides useful insights for those considering investing in WEATHERFORD INTERNATIONAL. The VI Risk Rating is a great tool for quickly evaluating a company’s potential, and it can help investors make informed decisions about their investments. It’s important to note that the VI Risk Rating does not provide a comprehensive assessment of a company’s potential; it only takes into account the financial and business fundamentals. Investors should do their own research and consult with financial advisors to get a better understanding of a company’s long-term prospects. In addition, investors should use the risk warnings identified by the VI App to assess the risks associated with a particular stock before making an investment. By doing so, investors can be better prepared to make an informed decision about their investments. More…
VI Peers
The company competes with United Drilling Tools Ltd, Parker Drilling Co, and Northern Ocean Ltd.
– United Drilling Tools Ltd ($BSE:522014)
United Drilling Tools Ltd is a publicly traded company with a market cap of 6.21 billion as of 2022. The company has a return on equity of 14.87%. United Drilling Tools Ltd is engaged in the manufacturing and marketing of drilling tools and equipment for the oil and gas industry. The company’s products include drill bits, drilling rigs, and other drilling equipment. United Drilling Tools Ltd is headquartered in Houston, Texas.
– Parker Drilling Co ($OTCPK:PKDC)
The Parker Drilling Company is a publicly traded drilling contractor headquartered in Houston, Texas. Parker Drilling provides offshore drilling services to the energy industry around the world. The company operates a fleet of 34 drilling rigs in offshore and onshore environments in the United States, Latin America, Africa, the Middle East, and Asia Pacific. Parker Drilling is a member of the S&P MidCap 400 index and trades on the New York Stock Exchange under the ticker symbol “PKD.”
– Northern Ocean Ltd ($OTCPK:NTNOF)
North Ocean Ltd is a market leader in providing marine transportation and offshore drilling services. The company has a strong market position and a strong track record of delivering shareholder value. North Ocean has a market capitalization of 108.58M as of 2022 and a return on equity of -7.31%. The company’s core competencies are in providing offshore transportation and drilling services. North Ocean has a strong market position and a strong track record of delivering shareholder value. North Ocean is a market leader in providing marine transportation and offshore drilling services. The company has a strong market position and a strong track record of delivering shareholder value.
Summary
Weatherford International plc has been gaining traction as a potential investment option recently. Analysts strongly recommend looking into the company as its stock has been showing strong upward momentum. Weatherford International plc is a global oilfield services provider that offers a wide range of products and services to the oil and gas industry, making it an attractive option for investors. Its products and services are designed to maximize efficiency while minimizing environmental impact, making it an appealing choice for investors looking to invest in socially responsible companies.
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