Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 100 countries and has a network of approximately 1,100 locations, including manufacturing, service, research and development, and training facilities.
Type
Public
HQ
Houston, US
Founded
1987
Size (employees)
39,500 (est)
Weatherford was founded in 1987 and is headquartered in Houston, US
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Weatherford Office Locations

Weatherford has an office in Houston
Houston, US (HQ)
2000 Saint James Place
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Weatherford Financials and Metrics

Weatherford Financials

Weatherford's revenue was reported to be $5.70 b in FY, 2017
USD

Revenue (FY, 2017)

5.7 b

Gross profit (FY, 2017)

3 b

Gross profit margin (FY, 2017), %

51.8%

Net income (FY, 2017)

(2.8 b)

EBIT (FY, 2017)

(2.1 b)

Market capitalization (20-Apr-2018)

2.5 b

Cash (31-Dec-2017)

613 m

EV

9.6 b
Weatherford's current market capitalization is $2.5 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

14.9 b9.4 b5.7 b5.7 b

Revenue growth, %

(37%)(39%)

Cost of goods sold

6.5 b4.6 b3 b2.7 b

Gross profit

8.4 b4.8 b2.7 b3 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

3.7 b3.9 b2.8 b2.4 b2.2 b1.6 b1.4 b1.4 b1.4 b1.36 t

Cost of goods sold

1.7 b1.6 b1.3 b1.2 b1 b892 m725 m722 m720 m716 t

Gross profit

2 b2.3 b1.5 b1.2 b1.2 b693 m677 m634 m666 m644 t

Gross profit Margin, %

53%58%54%49%54%44%48%47%48%47%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

474 m467 m1 b613 m

Accounts Receivable

1.6 m

Inventories

1.8 b1.2 b

Current Assets

7.9 b5.6 b4.9 b3.9 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

571 m582 m512 m611 m519 m464 m452 m440 m546 m584 m

Inventories

3.4 b3.3 b3.1 b2.9 b2.8 b2.3 b2.2 b1.9 b1.7 b1.7 b

Current Assets

9.7 b8.9 b7.6 b7.1 b6.5 b5.4 b5 b4.6 b5.1 b5 b

Goodwill

3.5 b3.4 b2.9 b2.9 b2.8 b2.9 b2.9 b2.8 b2.4 b2.3 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(539 m)(2 b)(3.4 b)(2.8 b)

Depreciation and Amortization

1.4 b1.2 b956 m801 m

Inventories

(167 m)349 m260 m(37 m)

Accounts Payable

(150 m)(813 m)(21 m)(2 m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(133 m)89 m(107 m)(483 m)(161 m)(491 m)(562 m)(1.8 b)(443 m)

Accounts Payable

1.1 b1 b934 m790 m666 m803 m
USDY, 2017

EV/EBIT

-4.5 x

EV/CFO

-24.8 x
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Weatherford News and Updates

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Weatherford scraps joint venture, sells a business to Schlumberger

HOUSTON, Dec 29 (Reuters) - U.S. oilfield services company Weatherford International Plc on Friday sold a U.S. oil-well business to rival Schlumberger NV for $430 million, abandoning a planned joint venture.
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