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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Key People/Management at Weatherford

Mark A. McCollum

Mark A. McCollum

President and Chief Executive Officer, Weatherford International Plc
Christoph Bausch

Christoph Bausch

Executive Vice President and Chief Financial Officer
Karl Blanchard

Karl Blanchard

Executive Vice President and Chief Operating Officer
Steven F. Carvalho

Steven F. Carvalho

Vice President of Tax
Kyle Chapman

Kyle Chapman

President, Production and Vice President QHSSE
Ellen Chin

Ellen Chin

Vice President of Human Resources
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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 (14-Jun-2018)

3.5 b

Closing share price (14-Jun-2018)

3.5

Cash (31-Dec-2017)

613 m

EV

10.6 b
Weatherford's current market capitalization is $3.5 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

-5 x

EV/CFO

-27.2 x
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Weatherford Online and Social Media Presence

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Weatherford News and Updates

Global Managed Pressure Drilling Services Market 2018: Weatherford International Limited, Halliburton Company, Baker Hughes Inc, Schlumberger Limited

WiseGuyRerports.com Presents “Global Managed Pressure Drilling Services Market Report 2018” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Produced Water Treatment 2018 Global Market Key Players - Siemens, Exterran Corporation, Weatherford International, GE, Ovivo, Schlumberger -Analysis And Forecast To 2023

Produced Water Treatment – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Weatherford mulls sale of larger business in bid to pay down debt

HOUSTON, May 22 (Reuters) - Weatherford International Plc may need to sell one of its larger businesses next year as the company seeks to pay down debt, chief executive officer Mark McCollum said on Tuesday at a conference in Austin, Texas.

Worldwide Well Cementing Services Market Research Report Forecast 2025

Worldwide Well Cementing Services Market Research Report Forecast 2025 contains historic data that spans 2013 to 2018, and then continues to forecast to 2025.This report focuses on the Well Cementing Services in Global market.This report categorizes the market based on manufacturers, regions, type a…
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