WFRD
Weatherford International plc (NASDAQ: WFRD) filed its definitive proxy statement with the SEC on April 21,...
Article Summary
HOLD- Weatherford International plc (NASDAQ: WFRD) filed its definitive proxy statement with the SEC on April 21, 2026, in connection with Weatherford's proposal to Redomesticate from Ireland to the United States of America (the U.S.
- Redomestication), explaining that moving from Ireland back to the U.S provides Weatherford and its shareholders with certain unique financial, operational, and other benefits.
- Weatherford International has significantly grown equity value, deleveraged the business by paying down over $1 billion in notes since Q1'24, substantially improved liquidity, implemented a $500 million share repurchase program, initiated an annual dividend, and subsequently increased it.
- The board of directors and management team recommend that shareholders approve the redomestization of the Company from Irish to U.s., which will better position us to continue advancing this focus on shareholder value.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -8.8% | 25% | 0.0 ptsDeclining (-8.8%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 8.0% | 25% | 20.0 ptsWeak (8.0%) - Low expectations |
| Target Price Upside ? | 19.4% | 20% | 60.0 ptsModerate Upside (19.4%) - Target: $122.64 vs Current: $102.71 |
| Gross Margin % ? | 29.5% | 15% | 40.0 ptsModerate (29.5%) - Adequate margins |
| Drawdown from 52-Wk High ? | -9.2% | 15% | 20.0 ptsBarely a Dip (-9.2%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About WFRD
- Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.
- The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.
- It offers managed pressure drilling; directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high temperature and high pressure sensors, drilling reamers, and circulation subs; open-hole and cased-hole logging services; wireline and drilling fluids; and intervention and remediation services.
- The company also provides tubular handling, management, and connection services; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; completion tools, such as safety valves, production packers, downhole reservoir monitoring, flow control, isolation packers, multistage fracturing systems and sand-control technologies; liner hangers to suspend a casing string in high-temperature and high-pressure wells; and well Services.
- In addition, it offers re-entry, fishing, and well abandonment services, as well as patented downhole tools, tubular-handling equipment, pressure-control equipment, and drill pipe and tubulars; artificial lift systems, including reciprocating rod, progressing cavity pumping, and related automation and control systems, as well as gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; and software, automation and flow measurement solutions.
- Further, it provides electrical and hydraulic power transmission to subsea equipment; and pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention.
- The company was incorporated in 1972 and is based in Houston, Texas.