Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $12.35 USD
Change Today -0.26 / -2.06%
Volume 5.0M
WFT On Other Exchanges
Symbol
Exchange
New York
Frankfurt
Mexico
As of 4:15 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

weatherford international pl (WFT) Snapshot

Open
$12.26
Previous Close
$12.61
Day High
$12.48
Day Low
$11.98
52 Week High
07/24/14 - $24.88
52 Week Low
01/15/15 - $9.40
Market Cap
9.6B
Average Volume 10 Days
8.9M
EPS TTM
$0.62
Shares Outstanding
774.3M
EX-Date
--
P/E TM
20.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for WEATHERFORD INTERNATIONAL PL (WFT)

weatherford international pl (WFT) Related Businessweek News

View More BusinessWeek News

weatherford international pl (WFT) Details

Weatherford International public limited company provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company offers managed-pressure drilling services, including closed-loop, air, managed pressure, and underbalanced drilling; drilling services, such as directional drilling, logging while drilling, measurement while drilling, and rotary steerable systems; and tubular running services, which consist of tubular connection and installation services for the drilling, completion, and work over of oil or natural gas wells. It also provides drilling tools comprising drilling jars, under reamers, rotating control devices, down hole tools, drill pipe and related tools, tubular handling equipment, and other pressure-control equipment; drilling and project management services; wire line services; testing and production services; re-entry, fishing, and thru-tubing services; equipment for cementing operations; liner systems, such as liner hangers; integrated laboratory services; and surface logging systems. In addition, the company offers artificial lift systems that include reciprocating rod lift systems, progressing cavity pumps, gas lift systems, hydraulic lift systems, plunger lift systems, hybrid lift systems, and wellhead systems to produce oil or natural gas from the wells; stimulation, including pressure pumping services, coiled tubing services equipment, and reservoir stimulation hydraulic fracturing services; and completion tools, such as cased hole and flow control systems, and well, industrial, and sand screens, as well as completion services, including upper and lower completions, and reservoir monitoring. Weatherford International public limited company founded in 1972 and is headquartered in Zug, Switzerland.

56,000 Employees
Last Reported Date: 02/18/15
Founded in 1972

weatherford international pl (WFT) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.9M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $416.5K
Executive Vice President of Corporate Strateg...
Total Annual Compensation: $949.2K
Compensation as of Fiscal Year 2013.

weatherford international pl (WFT) Key Developments

Weatherford International plc Announces TruFrac® Composite Frac Plug at ICoTA 2015

Weatherford International plc announced the commercial release of its TruFrac® composite frac plug at the 2015 Intervention and Coiled Tubing Association (ICoTA) Conference and Exhibition in Booth 411. With a high level of reliability, the TruFrac® composite frac plug maximizes the efficiency of plug-and-perf completion operations by reducing time on location. Because of its reliable sealing capability, the plug is rated for use in environments with temperatures up to 300 degrees F (149 degrees C) and pressures up to 10,000 psi (689 bar). They can be used in single- and multiple-zone stimulation operations in vertical, deviated, horizontal, or multilateral wells. When deployed in horizontal wells, the plug can run in hole at a speed of up to 500 ft/min (152 m/min). The TruFrac® plug recently helped an operator in the Eagle Ford reduce mill-out time to an average of 10.5 minutes per plug from the industry average of 25 minutes per plug, which enabled the operator to accelerate the plug-and-perf operation to begin producing the well faster. To date, the Company has successfully deployed more than 12,000 plugs with 99.98% reliability.

Weatherford International Axe 9% of its Global Workforce

Weatherford International announced that it is axing 9% of its global workforce as the job cull across the oil and gas industry in response to low crude prices continues. The latest redundancies mean about 5,000 people among Weatherford's 56,000-strong head count will soon be out of work. But the group's largely Aberdeen-based eastern hemisphere operations, serving markets such as the North Sea, Middle East, east Asia, Australia and west Africa, will be spared the worst. The company announced more than 85% of its job cuts would be in its western hemisphere business covering the Americas - leaving fewer than 750 posts affected elsewhere.

Weatherford International Plans 8,000 Job Cuts

Weatherford International announced plans to cut up to 8,000 jobs.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WFT:US $12.35 USD -0.26

WFT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cameron International Corp $45.05 USD +0.24
Chicago Bridge & Iron Co NV $48.69 USD +0.59
Jacobs Engineering Group Inc $44.28 USD -0.68
Saipem SpA €9.49 EUR -0.155
Technip SA €57.26 EUR -1.33
View Industry Companies
 

Industry Analysis

WFT

Industry Average

Valuation WFT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 1.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WEATHERFORD INTERNATIONAL PL, please visit www.weatherford.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.