Weatherford International plc
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Girishchandra K. Saligram
- Full Time Employees
- 16,700
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 2000 St. James Place Houston TX United States of America 77056
- IPO Date
- Jan 4, 2021
- CIK
- 0001603923
- Website
- weatherford.com
- Similar Companies
- Business
- Weatherford International plc (NYSE: WFRD) is a multinational energy service company that provides equipment and services for drilling, evaluation, completion, production, and intervention in oil and gas wells. The company offers a comprehensive portfolio of products and services, including managed pressure drilling systems, rotary-steerable systems, drilling jars and underreamers, swellable packers and liners, cementing tools, liner hangers, expandable casing, completion systems, intervention tools, and artificial lift systems such as rod lift, progressive cavity pumps, and electrical submersible pumps; its key brands encompass Weatherford Red Lion, Paradigm, and GTF; it also delivers digital solutions like the Quantix and iControl platforms for reservoir characterization and well optimization. Weatherford operates in more than 75 countries across North America, Latin America, Europe, the Middle East, Africa, and Asia Pacific, targeting upstream oil and gas operators, service companies, and national oil firms. Founded in 1972 and headquartered in Houston, Texas, the company has no major parent but maintains strategic subsidiaries focused on regional operations. In the past two years, Weatherford has pursued key strategic expansions, including the launch of its next-generation Premier™ rod pump line in early 2025 to boost artificial lift efficiency, and the introduction of the UAD 2.0 dissolvable frac plug in late 2024 for enhanced well completion reliability. The company completed the acquisition of Pioneer Oil Tools in October 2024, bolstering its liner hanger and cementing portfolio, and entered a strategic alliance with SLB in mid-2025 to co-develop advanced digital drilling technologies. Additionally, Weatherford secured a $500 million revolving credit facility extension in March 2025 and reported record revenue growth amid offshore market recovery, reflecting operational resilience post its 2023 Nasdaq-100 inclusion.
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