Weatherford International PLC

NASDAQ WFRD

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Weatherford International PLC Market Capitalization on June 03, 2024: USD 8.38 B

Weatherford International PLC Market Capitalization is USD 8.38 B on June 03, 2024, a 83.82% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Weatherford International PLC 52-week high Market Capitalization is USD 9.46 B on April 29, 2024, which is 12.83% above the current Market Capitalization.
  • Weatherford International PLC 52-week low Market Capitalization is USD 4.30 B on June 20, 2023, which is -48.63% below the current Market Capitalization.
  • Weatherford International PLC average Market Capitalization for the last 52 weeks is USD 6.91 B.
NASDAQ: WFRD

Weatherford International PLC

CEO Mr. Girishchandra K. Saligram
IPO Date June 2, 2021
Location United States
Headquarters 2000 St. James Place, Houston, TX, United States, 77056
Employees 18,800
Sector Energy
Industry Oil & gas equipment & services
Description

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 artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and software, automation and flow measurement solutions. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers 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; rotating control devices and advanced automated control systems, as well as closed loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open-hole and cased-hole logging services; and intervention and remediation services. Further, it provides tubular handling, management, and connection services; and re-entry, fishing, and well abandonment services, as well as patented bottom hole, tubular-handling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.

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StockViz Staff

September 16, 2024

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